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 and Africa. 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.
In this knowledge file you can read about the underlying rationale to adopt Frugal Innovation in Europe and all CFIA's activities in terms of knowledge dissemination & networking activities.