Technological Transformation and the Role of Frugal Innovations in Entrepreneurship Development in India

Author:

Khadria Binod1,Mishra Ratnam2

Affiliation:

1. Jawaharlal Nehru University and Global Research Forum on Diaspora & Transnationalism (GRFDT), New Delhi, India

2. University School of Management and Entrepreneurship, Delhi Technological University, New Delhi, India

Abstract

The discourse revolving around technology for sustainable development is a persistent centre of discussion and debate in both developed and developing economies. Considering ‘the appropriate technology model’ as a relevant model of technological development in developing economies like India and China, this article highlights how much India has influenced both the concept and practice of appropriate technological development. This article contributes an extensive literature overview to understand the relationship between frugal innovation (FI; termed Jugaad innovations in some South Asian countries) and sustainability. Applying the ‘lead market theory’ as a theoretical framework and using various examples, an attempt has been made to establish the nature of the association between them. These objectives are aimed at understanding India’s position and potential in the market for FIs. The article addresses issues that connect and combine the underlying drivers of technology and sustainability in the context of FIs.

Publisher

SAGE Publications

Subject

Strategy and Management,Economics and Econometrics,Business and International Management

Cited by 2 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Managerial Proactiveness, Frugal Innovation and Firm Performance;The Journal of Entrepreneurship;2024-05

2. Assessing Crisis Leadership in the context of Frugal Innovation in India;Uluslararası Liderlik Çalışmaları Dergisi: Kuram ve Uygulama;2024-04-30

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