Trending finally: Frugal innovation

Published by Global Envision – September 1, 2015

Republished by Christian Science Monitor – October 5, 2015

PREVIEW:
In the global development world, one particular “buzz word” has been gaining momentum… and it might be the most common sense of them all.

“Frugal innovation” is a trendy term for a widely known– yet often overlooked– fact: the developing world cannot afford to throw massive resources at increasingly complex technologies to solve its problems. The developed world’s “model is…too costly, elitist, and rigid and fails to address even basic socioeconomic needs,” explains innovation and leadership strategist Navi Radjou. MORE.

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