Frugal Innovation in Healthcare

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Release : 2015-04-29
Genre : Medical
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Book Rating : 361/5 ( reviews)

Frugal Innovation in Healthcare - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Frugal Innovation in Healthcare write by Aditi Ramdorai. This book was released on 2015-04-29. Frugal Innovation in Healthcare available in PDF, EPUB and Kindle. This book focuses on how companies are innovating with regard to the Bottom-of-the-Pyramid (BOP) − the lowest socio-economic segment, and the organizational conditions they need to be successful. The authors use several examples of disruptive innovations for this market, particularly in the Indian healthcare sector. Low-cost, specialty hospital chains like Aravind Eye Care and Narayana Hrudayalaya have brought down the cost of certain medical procedures significantly. The Indian conglomerate Tata Group and the American healthcare giant GE Healthcare have also developed affordable products targeted at the lowest-income segments in India. The authors present an in-depth analysis of these companies and present their insightful results on disruptive innovation and the ever-challenging BOP market.

Overview and Evaluation of Existing Frugal Innovations in Healthcare

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Release : 2018-07-17
Genre : Business & Economics
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Book Rating : 028/5 ( reviews)

Overview and Evaluation of Existing Frugal Innovations in Healthcare - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Overview and Evaluation of Existing Frugal Innovations in Healthcare write by Julia Weinhold. This book was released on 2018-07-17. Overview and Evaluation of Existing Frugal Innovations in Healthcare available in PDF, EPUB and Kindle. Bachelor Thesis from the year 2017 in the subject Economy - Health Economics, grade: 1,7, University of Leipzig (Economics and Management Science), language: English, abstract: The aim of this thesis is to contribute to a more precise understanding of frugal innovations in healthcare and further drawing scientific and entrepreneurial attention to them. With the help of the key elements of their business models, the procedures of ten frugal innovators are examined. All of them develop medical devices as well as services for healthcare delivery. The case studies provide empirical evidence to analyse under what conditions established companies of different types, can successfully commercialise frugal innovations. In this context, the development of a profound understanding of the target market as well as the design of a sustainable financing model, turned out to be the biggest challenges for the innovators. In addition, the success of the innovations is based on the establishment of a sector-wide network. Furthermore, this study aims to provide a basis for further investigations and the search for healthcare solutions to counteract the issue of medical under-supply in developing countries. The thesis subdivides into four main sections: After the brief introduction, the theoretical foundations and conceptual frameworks are introduced to enable a basic understanding of the topic. In the same place, the significance of healthcare innovations is explained. The second part depicts the scientific discourse and state of the art in the field of frugal product and service development, based on information from extant literature. With the explanation of the applied research methodology and procedure of analysis, the empirical part of this work commences in the third part. Subsequently it portraits ten examples of frugal innovations in healthcare in detail. The fourth section entails the empirical evaluation and discussion of the prior part. It concludes with theoretical and managerial implications and a prospect for the importance of frugal innovations in healthcare. Potential limitations are discussed and recommendation for further research is given.

Frugal Innovation

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Release : 2018-11-15
Genre : Business & Economics
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Book Rating : 970/5 ( reviews)

Frugal Innovation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Frugal Innovation write by Yasser Bhatti. This book was released on 2018-11-15. Frugal Innovation available in PDF, EPUB and Kindle. In light of growing discourse on 'frugal innovation', this book offers novel approaches to innovation based on extensive empirical research. The study complements a decade of scholarly attention on frugal innovation by taking a research-based approach to innovation in resource-scarce and complex institutional contexts. The findings suggest that concepts such as frugal, reverse, jugaad, social, grassroots and inclusive innovation in fact represent heterogeneous assemblies of innovation for social, environmental and economic value. The conceptual framework invites attention to more plural sources and elements in the study of models of innovation to inspire further research in the fields of strategy, innovation, entrepreneurship, economic sociology and development studies. The design framework offers models, metrics and competencies for practitioners and policymakers to identify, evaluate and design frugal innovations. The comprehensive view of frugal innovation demonstrates how firms can implement globally competitive strategies by pursuing innovation for humanity to improve lives for everyone, everywhere.

Frugal Innovation and Its Implementation

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Release : 2021-05-11
Genre : Business & Economics
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Book Rating : 194/5 ( reviews)

Frugal Innovation and Its Implementation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Frugal Innovation and Its Implementation write by Nivedita Agarwal. This book was released on 2021-05-11. Frugal Innovation and Its Implementation available in PDF, EPUB and Kindle. This book discusses several product development strategies and tools employed by organizations around the world to implement frugal innovations. Over the past decade, frugal innovations have caught the attention of countless management scholars. This book comes at the right time for academics and practitioners alike, as it explores how the concept of frugal innovation has evolved over the past several years and is shifting its focus from merely featuring ‘cost’ driven innovations to being more ‘resourceful’ and ‘sustainable’ at its core. Furthermore, in light of the ongoing digital revolution and emergence of new business models such as sharing economy and circular economy, the book highlights recent and upcoming trends and their impacts on frugal innovation strategies.

Frugal Innovation

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Release : 2015-02-10
Genre : Business & Economics
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Book Rating : 069/5 ( reviews)

Frugal Innovation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Frugal Innovation write by Navi Radjou. This book was released on 2015-02-10. Frugal Innovation available in PDF, EPUB and Kindle. Frugal innovation is a way that companies can create high-quality products with limited resources. Once the preserve of firms in poor markets, Western companies are now seeking ways to appeal to cost-conscious and environmentally-aware consumers at home. With an estimated trillion-dollar global market for frugal products, and with potentially huge cost savings to be gained, frugal innovation is revolutionizing business and reshaping management thinking. This book explains the principles, perspectives and techniques behind frugal innovation, enabling managers to profit from the great changes ahead. The book explains: How to achieve mass customization, using low-cost robotics, inexpensive product design and virtual prototyping software. How consumers and other external partners can help develop products How to implement sustainable practices, such as the production of waste-free products How to change the corporate culture to become more frugal