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Advent of Frugal Innovations

  • Balkrishna C. Rao

摘要

Frugal innovations are all the rage (Tiwari and Herstatt 2012; Rao 2013; Knorringa et al. 2016; Prabhu 2017; Miesler et al. 2020). Their advent is mainly attributed to India, followed by China and, subsequently found their way into Western management principles (Economist 2010).