Frugal innovation aims to create “more value for more people from fewer resources”. Much of the current academic discussion on frugal innovation finds its roots in developing and emerging economies like India. However, more and more business leaders and researchers find that it is important for Europe too. Frugal innovation offers new opportunities to make the most of European technological expertise, to address European societal challenges and to better meet customer needs in home markets.
Building on the interest generated by the Affordable Tech session on Frugal Innovation at the R&I Days in September, RTD’s Innovation Ecosystems unit will be hosting a Library talk and workshop with colleagues from across Commission services (invite only), looking at how to ‘anchor’ Frugal Innovation into the new policy agenda for research and innovation. Prof Peter Knorringa and Prof Saradindu Bhaduri of the Centre for Frugal Innovation in Africa (CFIA) will provide the Library talk named Why Europe needs Frugal Innovation and join the workshop session .