Frugal innovators as change agents in circular economy transitions
The concept of frugal innovation (FI) helps us to better understand situations and contexts in which something less can actually be something more. This ‘something more’ typically becomes possible because the scarcity of resources may stimulate innovative thinking. Frugal innovators use challenges in their operational environment as a source of inspiration and respond to different constraints with innovative solutions. This chapter examines interesting connections between the ideas of frugality and circularity. Like FI, the circular economy (CE) narrative revolves around the notion of resource scarcity and the concept is of current relevance to many actors, ranging from the business world to research and from public administration to non-governmental organizations and think tanks. In this chapter, we argue that frugal innovators have the capacity to act as change agents in circular economy transitions, especially in low-income contexts of the Global South.
History
School
- Loughborough Business School
Published in
Handbook on Frugal InnovationPages
102 - 113Publisher
Edward Elgar PublishingVersion
- AM (Accepted Manuscript)
Rights holder
© André Leliveld; Saradindu Bhaduri; Peter Knorringa; Cees van BeersPublisher statement
This is a draft chapter/article. The final version is available in Handbook on Frugal Innovation edited by André Leliveld, Saradindu Bhaduri, Peter Knorringa and Cees van Beers, published in 2023, Edward Elgar Publishing Ltd https://doi.org/10.4337/9781788118873.00015 The material cannot be used for any other purpose without further permission of the publisher, and is for private use only.Publication date
2023-09-12Copyright date
2023ISBN
9781788118866; 9781788118873Publisher version
Language
- en