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Analysis of the Relationship between Frugal Innovation and Sustainable Development

  • The relation between Frugal Innovation and Sustainability is a widely discussed topic in current academic literature. To assess the correlation between these two concepts, a sample of the most frequently mentioned Frugal Innovations was selected. The criteria to evaluate the sustainability potential for each of these cases was built upon the UN Sustainable Development Goals, a global reference indicator. Frugal Innovations among the banking, transport, energy, ICT, water, appliances and healthcare sectors were evaluated. The results suggested a positive contribution and impact of Frugal Innovations towards economic, social and environmental development.

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Author:Maria Fernanda Quevedo, Nadezda Silkina, Tobias Rapp
Advisor:Eva Kirner
Document Type:Report
Year of Completion:2018
Release Date:2019/01/14
Tag:Frugal innovation; Industry sectors; Sustainability; UN sustainable development goals
Page Number:105
Degree Program:IMM - International Management
Open Access :Frei verfügbar
Licence (German):License LogoUrheberrechtlich geschützt