Archive for the ‘English Posts’ Category

New paper: “Global Innovation Strategies of German Hidden Champions in Key Emerging Markets”

Tuesday, July 1st, 2014

Working_Paper_85A new paper by Stephan Buse and Rajnish Tiwari of the Center for Frugal Innovation at the Hamburg University of Technology that examines product and market cultivation strategies employed by German mid-sized firms (“Mittelstand”) in the BRIC nations, especially China and India. The paper was preseneted at the XXV ISPIM Conference – Innovation for Sustainable Economy & Society, Dublin, Ireland on 8-11 June 2014.

(more…)

New paper: “Frugal innovation and analogies: some propositions for product development in emerging economies”

Tuesday, July 1st, 2014

Working_Paper_84A new paper that seeks to generate some preliminary insights on the use of inventive analogies in the process of creating frugal innovations. The paper has been authored by Rajnish Tiwari, Katharina Kalogerakis and Cornelius Herstatt and was presented at the recently-held R&D Management Conference (June 3-6, 2014) in Stuttgart.

Abstract

Frugal products and services aim at satisfying the unsaturated demand of a large and growing middle class in many “emerging economies”. Although research has been conducted in regard to the strategic importance of frugal innovations, so far, the actual development process of such innovations has not been looked into in detail. Some examples show that inventive analogies are used to develop frugal innovations. For instance, the development of a frugal artificial heart was based on the heart structure of cockroaches, which led to a reduction of costs by 20 times.

(more…)

“Changing Dynamics of Lead Markets: A New Role for Emerging Economies as Innovation Hubs”

Tuesday, July 1st, 2014

An article by Rajnish Tiwari and Cornelius Herstatt, published in The European Financial Review, issue April/May 2014, pp. 69-72.

Lead markets play a crucial role in the global diffusion of innovations. Innovative firms actively seek access to such markets whilst policy makers, especially in Europe, have attempted to foster lead markets by concerted policy measures. Below, Rajnish Tiwari and Cornelius Herstatt suggest that the conventional wisdom on the emergence and functioning of lead markets needs a rethink to better reflect the changing dynamics in the global economy, and argue that dynamic economic growth in largely unsaturated markets and increasing technological capabilities are letting new lead markets emerge in the developing world.

Continue reading […]

Symposium on Frugal Innovations in Hamburg

Thursday, October 3rd, 2013

“Mastering the Frugal Challenge: Innovating for Global Growth through Affordable Solutions”

—————————————————————————————————————

Date: Tuesday, 19.11.2013, 9:00 – 18:00 hours
Location: Guest House of the University of Hamburg,
Rothenbaumchaussee 34, D-20148 Hamburg, German
y
Organizer: Center for Frugal Innovation at TIM/TUHH
Cooperation partners: German-Indian Round Table (GIRT), European Institute for Technology and Innovation Management (EITIM)
Download: Information & preliminary agenda (PDF), Registration form (PDF)
Website: www.frugal-innovation.net
—————————————————————————————————————-

Center for Frugal Innovation @ TIM/TUHH

The inaugural symposium on frugal innovations organized by the newly-launched Center for Frugal Innovation at the Institute for Technology and Innovation Management (TIM) of Hamburg University of Technology (TUHH) intends to cover upcoming key questions on global growth in both emerging as well as developed markets through affordable and good-enough solutions.

(more…)

“Mastering the Frugal Challenge”: A Symposium on the Feasibility of Frugal Innovations

Wednesday, September 18th, 2013

We at the Center for Frugal Innovation are planning a symposium on the feasibility and implementation of frugal innovations in firms. The symposium with the title “Mastering the Frugal Challenge: Innovating for Global Growth through Affordable Solutions” will take place on 19th November 2013 in Hamburg. A detailed programme agenda and the registration modalities will be released soon at this space. The symposium will be preceded by a research seminar with invited guests from universities and research institutions on the 18th November in Hamburg.

In the meantime for any enquiry please contact: frugal.innovation@tuhh.de, and/or our team.

Telephone contact: Dr. Rajnish Tiwari (+49 40 42878 3776)