The purpose of this book chapter is to highlight the different issues related to frugal innovation advancement, and how the advancement of the frugal innovation change and affect the social life, particularly the role in uplifting the standard of the living. Literature shows that there are some factors which need to be considered for frugal innovation. This area received a less attention from the researchers. The contribution of the book chapter will be elaborating different mechanisms which are affecting the growth and functions of organizations who are involve in the frugal innovation. The various definitions and multiple perspective regarding the frugal innovation will highlight the important elements for academia and practitioners to consider and conduct future research. This book chapter will highlight different components which will be helpful to the organization to involve in frugal innovation and make it a successful process by reviewing the literature.

The chapter is about the role of frugal innovation and social sustainability in emerging nations and how it facilities the lives of people in developing countries. The development of any state depends upon the level of advanced technology, but all states are not in sound enough condition to use expensive technology to enhance quality of life. Therefore, such economies go towards the idea of frugal innovation where it offers ‘low price' solutions that provide quality products and improves standard of living. This chapter focuses on how frugal innovation can provide latest technologies to people with limited resources. This chapter suggests the need of scientists and researchers and their leading role in order to enhance frugal innovation.