Driving social impact at the bottom of the Pyramid through the internet-of-things enabled frugal innovations

Park, Sukyung; Rosca, Eugenia; Agarwal, Nivedita

doi:10.1016/j.technovation.2021.102381

Cited by 18 publications

(10 citation statements)

References 49 publications

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“…Dost et al [13] documented that FI is one of the best ways to achieve IP through the utilization of existing resources to respond to unsatisfied customers. FI mechanism contributes to the promotion of innovation plans of an organization [11,29]. In line with these arguments, we established that: Hypothesis H3.…”

Section: Frugal Innovation and Innovation Performancesupporting

confidence: 69%

Hegemony of Network Capabilities, Frugal Innovation and Innovation Strategies: The Innovation Performance Perspective

Haffar¹,

Özcan

Rădulescu

et al. 2021

Sustainability

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The emergence of advanced technologies has brought new challenges and opportunities for all kinds of business organizations. In a technologically advanced era, innovation plays a dominant role for the successful operation of the commercial landscape. Therefore, the current study was conducted to investigate the impact of network capabilities (NC) and frugal innovation (FI) on innovation performance (IP). Furthermore, the mediating role of FI and moderating role of innovation strategies has also been tested on the link between NC and IP. Small and medium enterprises (SMEs) registered with small and medium enterprises development authorities (SMEDA) were approached for the completion of the current study. Only 509 owner/managers agreed to participate. A quantitative research design was employed for the current study. During the two–three months process of data collection only 387 complete responses were received from the SMEs working in Pakistan’s big cities. Correlation, regression and bootstrap methods were applied to test the study hypotheses. The findings revealed that NC positively affect FI and IP. Furthermore, the findings also confirmed the mediating effect of FI between NC and IP link. The performance of SMEs working in emerging economies is largely based on their innovative activities. In this dynamic scenario SMEs’ survival is attached to continuous IP in their products and services.

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Section: Frugal Innovation and Innovation Performancesupporting

confidence: 69%

Hegemony of Network Capabilities, Frugal Innovation and Innovation Strategies: The Innovation Performance Perspective

Haffar¹,

Özcan

Rădulescu

et al. 2021

Sustainability

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“…Internet-of-Things also plays an important role in the provision of healthcare services where it makes a major impact on the lives and well-being of individuals, as such technologies can provide patients with more independence and change the role that relatives and carers have in the provision of healthcare services (Schneider-Kamp & Askegaard, 2022). Others have investigated the ways in which Internet-of-Things could improve social welfare of individuals (Attié & Meyer-Waarden, 2022) as the technology facilitates the transformation of interventions from reactive to preventive due to real-time information exchange between the stakeholders (Chang et al, 2023;Park et al, 2022).…”

Section: The Role Of Internet-of-things In the Digital Transformationmentioning

confidence: 99%

Digital transformation: A multidisciplinary perspective and future research agenda

Paul,

Ueno,

Dennis

et al. 2024

Int J Consumer Studies

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Digital transformation has had an unprecedented influence on all sectors of business over the last decade. We are now entering an era characterized by the extensive digital transformation of businesses, society, and consumers. Therefore, digital transformation has become a pivotal focus for organizations across various sectors in recent years. Despite differing scholarly perspectives on the concept and elements of digital transformation, a consensus exists that it significantly impacts consumer decisions and necessitates organizational adaptation. Recent challenges such as the COVID‐19 pandemic have further accelerated the need for digital transformation and its effects on consumers. This necessitates an editorial perspective on this most important topic to establish future research agenda encompassing the various dimensions of digital transformation. The purpose of this editorial perspective is to review research on digital transformation from a multidisciplinary viewpoint and provide insights into several key domains—Internet‐of‐Things, social media, mobile apps, artificial intelligence, augmented and virtual reality, the metaverse, and corporate digital responsibility—that are poised to fuel the pace of digital transformation. Each domain is analyzed through a lens of introduction, role, importance, multifaceted impact, and conclusions. Future research directions are suggested.

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“…• Need to address health-related problems (Bhatti et al, 2017;Rosca et al, 2017) • Need to improve environmental sustainability (Pansera & Sarkar, 2016) • Need to develop education systems (Khan, 2016) • Need to fight poverty, hunger, and social injustice (Park et al, 2021)…”

Section: Personal Drivementioning

confidence: 99%

“…From a social perspective (Khan & Melkas, 2020;Molina-Maturano et al, 2020), FI is typically associated with improved access to basic facilities, such as water, energy (Basu et al, 2013;Hyvärinen et al, 2016), and a healthier living environment (Pisoni et al, 2018), but it can also be connected with tackling grand challenges like female empowerment, improved social equality, and the inclusion of marginalized people (Vossenberg, 2018). Overall, FIs can impact society by addressing health issues (Pisoni et al, 2018;Rosca et al, 2018), poor education, and unemployment in addition to fighting poverty, hunger, and social injustice (Khan, 2016;Park et al, 2021;Rao, 2013). From an economic perspective, FI typically involves creating new employment opportunities (Leliveld & Knorringa, 2018;Rosca et al, 2017) and new business and entrepreneurship models (Basu et al, 2013;Brem & Wolfram, 2014), as well as ensuring the efficient functioning of markets, supply chains, and technologies (Brem & Ivens, 2013).…”

Section: Antecedents Mediators and Consequences Of Frugal Innovationmentioning

confidence: 99%

“…Further assessment of the dual impact of FI would benefit from studies set in different contexts and types of organizations, as well as with using different technologies. For instance, integrating FI with recent technological advancements, such as the Internet of Things (IoT) and artificial intelligence, could help achieve operational excellence and lead to companies growing sustainably while creating social value (Govindan, 2022; Park et al, 2021). Just as there has been much interest in FIs spreading from developing to developed markets, from small to large companies, and from local to multinational companies, it would also be worthwhile to explore the shift from using simple and less sophisticated technologies to more complex and highly sophisticated technologies.…”

Section: Implications and Avenues For Future Researchmentioning

confidence: 99%

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Frugal innovation: Antecedents, mediators, and consequences

Hossain

Agarwal

Bhatti³

et al. 2022

Creat Innov Manage

Self Cite

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Frugal innovation (FI) describes a phenomenon whereby solutions are developed to serve low‐income customers, mainly in developing countries, with affordable products and services that help address pressing social and environmental problems. Despite a decade of academic interest in FI, we still lack an overarching understanding of the various facets of this phenomenon. Based on 48 in‐depth interviews for 23 cases, we integrated and validated 10 years of FI scholarship. This study therefore set out to develop a comprehensive framework for FI, one that would identify its antecedents, mediators, and consequences. Such a framework promises a holistic perspective for FI by linking these identified factors to the concept of sustainability. The findings also reinforce the dual contribution that FI makes in terms of both business growth and inclusive growth. Finally, this study discusses the theoretical and practical implications and provides some suggestions for future research on FI.

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Driving social impact at the bottom of the Pyramid through the internet-of-things enabled frugal innovations

Cited by 18 publications

References 49 publications

Hegemony of Network Capabilities, Frugal Innovation and Innovation Strategies: The Innovation Performance Perspective

Hegemony of Network Capabilities, Frugal Innovation and Innovation Strategies: The Innovation Performance Perspective

Digital transformation: A multidisciplinary perspective and future research agenda

Frugal innovation: Antecedents, mediators, and consequences

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