Handbook of Research on Techno-Entrepreneurship, Third Edition
Show Less

Handbook of Research on Techno-Entrepreneurship, Third Edition

Ecosystems, Innovation and Development

Edited by François Thérin, Francesco P. Appio and Hyungseok Yoon

This Handbook focuses on techno-entrepreneurial ecosystems under several different aspects: how the ecosystems have evolved in techno-entrepreneurship, the influence that techno-entrepreneurs can have on complex ecosystems such as regions and nations, and the new types of innovations that techno-entrepreneurs are pursuing to adapt to the ecosystems, such as frugal innovation.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 3: Modes and routines of frugal innovation: an examination on the basis of the auto components industry

Rajnish Tiwari and Stephan Bergmann

Abstract

Frugal innovations, that is, affordable products and services with appropriately good quality, are becoming increasingly important for securing long-term competitiveness in both the developing world and in industrial nations. Nevertheless, methods of developing and actually implementing frugal inventions remain under-researched. This study investigates the modes and routines employed by techno-entrepreneurs from industrial nations when innovating frugally. The study is based on the patent data of seven auto component sector firms from Germany with a documented history of contributing cost-effective solutions to frugal vehicles. With the help of a keyword analysis we identify the role of frugality in (patented) technical inventions. Select case studies of frugal inventions show that cost effectiveness and environmental sustainability can often be achieved through simplification of the design and the production process, as well as by eliminating avoidable complexity, for example through standardization. The study shows that frugal inventions in the investigated firms are often driven by individual inventors, while the potential of open global innovation networks is under-utilized. Furthermore, the study shows that frugality can (only) be achieved by a holistic approach that encompasses the entire value chain, including logistics and waste management. The results are potentially beneficial for techno-entrepreneurs across industry sectors and product domains.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.