Research on connecting frugality with digital transformation published
A cutting-edge research paper from Center for Frugal Innovation at TIM connecting digital transformation with frugal solutions has been published as a book chapter. The publication is titled "Digital Transformation as Enabler of Affordable Green Excellence: An Investigation of Frugal Innovations in the Wind Energy Sector" and is authored by Dr. Rajnish Tiwari.
Chapter Abstract
While the concept of frugal innovation originated in the previous decade with a focus on resource-constrained, under-served consumers living in the Global South, it is finding increasing acceptance and adoption in the economically developed nations of the Global North. Furthermore, frugal solutions are today neither exclusively targeted at (household) consumers nor at the “poor” per se, nor are they confined to a “low tech” context. We can increasingly observe frugal products and services that enable “affordable excellence” to users across customer segments, industrial boundaries, societal strata, institutional domains, and national geographies. A large, but still somewhat unnoticed role in this development is played by the technical advancement in the form of digital transformation. Cutting-edge, general purposes technologies, such as Internet of Things (IoT) and artificial intelligence, are enabling high-quality and context-sensitive products, processes and services that are affordable in terms of their financial and environmental costs. High affordability, high target-specificity and highly effective (not just efficient) resource utilization characterize a digitally frugal solution. This paper is contextualized in the global wind power sector. With the help of illustrative case studies and content analysis, the study generates preliminary evidence that frugal innovations in conjunction with digital transformation can enable “affordable green excellence.” Propositions are made for further research and a definitional update for frugal information is provided.
Direct link: https://doi.org/10.1007/978-3-030-67119-8_12
Volume Information
The chapter is a part of an edited volume entitled "Frugal Innovation and Its Implementation: Leveraging Constraints to Drive Innovations on a Global Scale", which has been published by Springer in its series on Contributions to Management Science. The volume is edited by Nivedita Agarwal and Alexander Brem from University of Stuttgart, Germany.
Bibliographic details:
DOI: https://doi.org/10.1007/978-3-030-67119-8
Hardcover ISBN: 978-3-030-67118-1
URL: https://link.springer.com/book/10.1007/978-3-030-67119-8