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Pages:
2 pages/≈550 words
Sources:
6 Sources
Style:
APA
Subject:
Literature & Language
Type:
Essay
Language:
English (U.S.)
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MS Word
Date:
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Topic:

Frugal Innovation Literature & Language Essay Paper

Essay Instructions:

2 times the spacing will be given to the resource, synthesis paper.
it is a synthesis paper and use the 3D printer as the example, thank you so much. I’m a esl student, plz don use so difficult words, ty

Essay Sample Content Preview:
Frugal Innovation: An Analysis
Name of Student
Institution Affiliation
Frugal Innovation
Emerging economies are experiencing a tremendous population growth despite being low-income markets with most of their population earning the minimum wage. As such, frugal innovation has become an essential innovation approach in the developing as well as the emerging markets due to its reduced cost approach. Frugal innovation, also referred to as Jugaad innovation is a customer/consumer based innovation that employs affordability and sustainability through the use of low-cost manufacturing and component minimization techniques (Muthu and Savalani, 2016). This paper synthesizes frugal innovation with a holistic view of additive manufacturing, also known as three-dimension (3D) printing as an important concept with various applications and societal impact, especially in emerging economies.
The societal impact of frugal innovation is the biggest driver and product demand determinant as the societal strives to solve various challenges using minimal resources. Muthu and Savalani (2016) define frugality as a concept in design and engineering that applies the limited available resources while eliminating possible inefficient factors that could compromise the critical features of the final product. Bhatti (2011) defines frugal innovation as an innovation that provides practical solutions to challenges using limited resources in underprivileged areas. Sam Pitroda an Indian visionary frugal leader, has identified three challenges associated with the Western innovation. They include: They are expensive with humungous amounts going towards research and development, their complex and restrictive processes making their innovative process slow and lastly their access is limited to a smaller number of consumers (Pierre, 2014). Frugal innovation promotes inclusiveness especially in low income areas becoming a good agent for poverty eradication.
The frugal approach in innovation targets the use of variations in the quantity and quality of materials used in manufacturing based on their availability and requirements in various tasks. According to Singh (2013), a resourceful inventor known as Kodjo Afate Gnikou from Togo West African assembled and recycled old e-waste computers, computer components, printers, scanners and diskette from the garbage and converted them into a new, working and relatively cheap 3D printer. This is a perfect example of frugal innovation in action helping the local community. Likewise, Maric, Rodhain, and Barlette (2016) posits that the 3D printer is a frugal innovation that represents the development of a quality product in an environment coupled with inadequate resources – Togo, using reduced cost in manufacturing, research and development as well as minimal time. As a frugal innovation, the 3D printer has successfully offered inexpensive solutions to various local challenges at relatively low costs.
Leveraging on 3D printing technology has enabled the emerging economies to bridge the development capabilities with their counterparts in developed markets. For example, locals in developing countries can get quality products and services taking advantage of the available opportunities at lower prices....
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