THE IMPACT OF FRUGAL INNOVATION ON SUSTAINABILITY: A SYSTEMATIC LITERATURE REVIEW
| Autor: | LEA FRANZISKA STÖBER, DANIEL SOMMER, BERND EBERSBERGER |
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| Rok vydání: | 2022 |
| Předmět: | |
| Zdroj: | International Journal of Innovation Management. 26 |
| ISSN: | 1757-5877 1363-9196 |
| DOI: | 10.1142/s1363919622300021 |
| Popis: | Concerns about sustainability challenges are growing. Companies are under pressure to rethink existing innovation paradigms. In this context, research interest in the resource-constrained innovation concept, frugal innovation, has increased. In this paper, we examine the impact of frugal innovation on the economic, social, and ecological sustainability dimensions by conducting a systematic literature review of 44 papers. We find that frugal innovation is a promising approach to promote sustainable development from an economic perspective and a social perspective. Nevertheless, positive and negative effects exist in all three dimensions. Thus, a positive relationship is not inherent but must be proactively formed. External factors can influence the impact of frugal innovation on sustainability. For future research we recommend (1) establishing a unified understanding of frugal innovation through a clear definition, (2) broadening the research focus to a global perspective, (3) assessing the impact of frugal innovation along the entire product life cycle, and (4) investigating characteristics that make frugal innovation sustainable. |
| Databáze: | OpenAIRE |
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