TY - GEN
T1 - Frugal Innovation in SMEs
T2 - 2022 IEEE Technology and Engineering Management Society Conference - Asia Pacific, TEMSCON-ASPAC 2022
AU - Kusumawardhany, Prita Ayu
AU - Baihaqi, Imam
AU - Karningsih, Putu Dana
N1 - Publisher Copyright:
© 2022 IEEE.
PY - 2022
Y1 - 2022
N2 - The concept of frugal innovation (FI) has many positive sides such as how to provide customers with value-added and affordable solutions. Sustainability as one of the opportunities of FI can be created but the negative sides as challenges and positive sides as opportunities have not been explored much. This study aims to identify the challenges and opportunities of FI that will be faced by Small, Medium Enterprises (SMEs) in developing countries. A systematic literature review was used to address the gap. Therefore, it is important to develop a balanced knowledge of the topic based on a comparative perspective to gain a holistic understanding of frugal innovation. First, it points out the understanding of FI, overlapping concepts, and FI in SMEs. Second, it identifies the main challenges and opportunities of FI.
AB - The concept of frugal innovation (FI) has many positive sides such as how to provide customers with value-added and affordable solutions. Sustainability as one of the opportunities of FI can be created but the negative sides as challenges and positive sides as opportunities have not been explored much. This study aims to identify the challenges and opportunities of FI that will be faced by Small, Medium Enterprises (SMEs) in developing countries. A systematic literature review was used to address the gap. Therefore, it is important to develop a balanced knowledge of the topic based on a comparative perspective to gain a holistic understanding of frugal innovation. First, it points out the understanding of FI, overlapping concepts, and FI in SMEs. Second, it identifies the main challenges and opportunities of FI.
KW - SMEs
KW - frugal innovation
KW - innovation
KW - sustainability
UR - http://www.scopus.com/inward/record.url?scp=85141618936&partnerID=8YFLogxK
U2 - 10.1109/TEMSCON-ASPAC52831.2022.9916558
DO - 10.1109/TEMSCON-ASPAC52831.2022.9916558
M3 - Conference contribution
AN - SCOPUS:85141618936
T3 - 2022 IEEE Technology and Engineering Management Society Conference - Asia Pacific, TEMSCON-ASPAC 2022
SP - 48
EP - 53
BT - 2022 IEEE Technology and Engineering Management Society Conference - Asia Pacific, TEMSCON-ASPAC 2022
PB - Institute of Electrical and Electronics Engineers Inc.
Y2 - 19 September 2022 through 22 September 2022
ER -
