STANDARDIZATION STRATEGIES FOR FOSTERING FRUGAL INNOVATIONS: A COMPREHENSIVE EXPLORATION
Keywords:
Abstract
This study undertakes a comprehensive exploration of standardization strategies aimed at fostering frugal innovations. Frugal innovations, characterized by cost-effectiveness and simplicity, play a crucial role in addressing global challenges. The research delves into the role of standardization in supporting the production and diffusion of frugal innovations across diverse sectors. By examining case studies, regulatory frameworks, and industry practices, this study offers insights into the ways standardization can optimize the development and adoption of frugal solutions. The findings contribute to a deeper understanding of the interplay between standardization and frugal innovation, offering practical implications for industries, policymakers, and innovators.
Similar Articles
-
THE ROLE OF ARTIFICIAL INTELLIGENCE IN IMPROVING THE EFFICIENCY AND QUALITY OF INVESTMENT PROJECTS
The American Journal of Management and Economics Innovations: No. 01 (2024) / Ali Kareem Abuzabiba, Zainab Qasim Jebur Al-Nasrawi, Kareem Qasim Jebur Al-Nasrawi, -
THE INTERACTIVE ROLE OF CULTURAL INTELLIGENCE ON THE RELATIONSHIP BETWEEN STRUCTURAL EMPOWERMENT AND ADAPTIVE PERFORMANCE (AN EXPLORATORY STUDY OF THE OPINIONS OF A GROUP OF WORKERS IN KARBALA GOVERNORATE LOCAL ADMINISTRATION AND TOURISM AUTHORITY)
The American Journal of Management and Economics Innovations: No. 01 (2024) / Adil Majeed al Nasrawe, Haidar Abd Zaid Khader, -
THE INFLUENCE OF ARTIFICIAL INTELLIGENCE ON CUSTOMER BEHAVIOR
The American Journal of Management and Economics Innovations: No. 03 (2024) / Dr. Bandar Khalaf Alharthey , -
Trends In The Development Of The Digital Economy
The American Journal of Management and Economics Innovations: No. 06 (2021) / Shokhida Gaybullaevna Mannanova, Dilyora Pakhritdinovna Khashimova, -
The Impact Of Digitalization On Reducing The Shadow Economy
The American Journal of Management and Economics Innovations: No. 05 (2021) / Maftuna Amanova, -
SAVAGERY, CRIME, AND CHARACTER DOMESTIC AFFAIRS IN AFGHANISTAN: THE SECURITIES OF ADVANCE EDUCATION
-
The Importance Of Marketing Information System In Enterprises
The American Journal of Management and Economics Innovations: No. 05 (2021) / Tulkin Zakirovich Teshabayev , Elshod Ganiyevich Nabiyev , Samadjon Igamnazarovich Mamurov , Tohir Sharipjonovich Ermatov, -
An Examination Of Information Strategies For Credit Scoring In Banking: An Administrative Point Of View
The American Journal of Management and Economics Innovations: No. 06 (2020) / Vedat Ceyhan1 , Ahmet Szczepkowski2, -
Directions Of Using Foreign Experience In The Provision Of Ecological Tourism Services In The Economy
The American Journal of Management and Economics Innovations: No. 09 (2021) / Mohigul Erkinovna Ahtamova , -
Analysis Of Methods Of Verification Of Tax And Financial Statements
The American Journal of Management and Economics Innovations: No. 10 (2020) / Sardor Abdinazar Ugli Radjabov,,
References
BASU, R., BANERJEE, P., SWEENY, E. (2013), Frugal Innovation, Core Competencies to Address Global Sustainability, Journal of Management for Global Sustainability, 2, 63-82.
BHATTI, Y, VENTRESCA, M. (2013), How could Frugal Innovation be Conceptualised?, Said Business School Working Papers, Oxford, 26 p.
BLIND, K. (2006), Explanatory Factors for Participation in Formal Standardisation Processes: Empirical Evidence at Firm Level, Economics of Innovation and New Technology, 15(2), 157-170.
CAILLE, A, HUMBERT, M., LATOUCHE, S., VIVERET, P. (2013), De la convivialité, Paris, La Découverte.
CHOI, S. H. (2011), Anti Consumption Becomes a Trend, SERI Quarterly, July, 117-120.
DAVID, P. (1987), Some New Standards for the Economics Standardization in the Information Age, in Dasgupta, P., Stoneman, P, Economic Policy and Technological Performance, Cambridge, Cambridge University Press, 206-239.
FORAY, D., (1993), Standardisation et concurrence: des relations ambivalentes, Revued’Economie Industrielle, 63, 84-101.
GADREY, J. (2010), Adieu à la croissance, Alternatives Economiques, Paris.
HAUDEVILLE, B., WOLFF, D. (2004), Enjeux & déterminants de l’implication des entre- prises dans le processus de normalisation, Revue d’Economie Industrielle, 108, 21-40.
HAUDEVILLE, B., LE BAS, C. (2016), L’innovation frugale: paradigme technologique naissant ou nouveau modèle d’innovation?, Innovation, 51(3).
LASTOVICKA, J. L., BETTENCOURT, L. A., HUGHNER, R. S., KUNTZE, R. J. (1999), Lifestyle of the Tight and Frugal: Theory and Measurement, Journal of Consumer Research, 26(1), 85-98.
LINK, A. N., TASSEY, G. (1987), The Impact of Standards on Technology-Bases industries: The Case of Numerical Controlled Machine Tools, in Landis Gabel, H. (ed.), Automated Bath Manufacturing, in Product Standardization and competitive Strategy, Elsevier Science Publishers B.V., 217-237.
MASHELKAR, R. (2014), Innovation Policies for Inclusive Growth, Paris, OECD. PRAHALAD, C., MASHELKA, R. (2010), Innovation’s Holy Grail, Harvard Business Review, July, 132-141.
RADJOU, N., PRABHU, J., AHUJA, S. (2012), Jugaad Innovation – Think Frugal, Be Flexible, Generate Breakthrough Innovation, London, Wiley & Sons
