slide 1: Frugal
innovation slide 2: Part 1
What is frugal innovation slide 3: https://www.linkedin.com/pulse/how-frugal-innovation-revolutionizing-medical-rajendra-velagapudi
Frugal innovation is about lowering the
complexity and cost of producing a product
- in a scalable and sustainable manner. slide 4: http://www.strategy-business.com/article/00368
Affordability simplicity quality and sustainability
are 4 key values in frugal innovation. slide 5: Part 2
Transportation examples slide 6: http://news.bbc.co.uk/1/hi/business/7957671.stm
What makes the http://www.tatanano.com/ cheap slide 7: http://www.blablacar.com/ makes it simple for people to
drive with each other and thereby save money. slide 8: Part 3
Housing examples slide 9: http://www.yhbm.com/ uses a 3D printer to construct
houses. This process saves up to 60 of construction
waste cuts production time by up to 70 and labour costs
by up to 80.
http://www.cnet.com/news/worlds-first-3d-printed-apartment-building-constructed-in-china/ slide 10: http://www.wasproject.it/ uses a 3D mud printer
to build low cost houses from mud a clay.
https://hbr.org/2016/02/tackling-big-global-challenges-with-low-cost-innovation slide 11: http://www.tarkett.com/ creates flooring products
using rapidly-renewable materials such as walnut shells
pine resin linseed oil jute and cork as well as recycled
https://hbr.org/2014/12/what-frugal-innovators-do slide 12: https://www.airbnb.com/ make it simple for people to share
apartments / houses with other people. slide 13: Part 4
Energy examples slide 14: http://www.m-kopa.com/ is a a home solar system that
comes in a kit containing a small solar panel 2 LED lamps
an LED flashlight and a mobile phone charger.
Although the entire kit costs 200 Kenyans can purchase
it with an initial deposit of 35 and pay off the rest by
making a daily micro-payment of 45 cents using
https://hbr.org/2016/02/tackling-big-global-challenges-with-low-cost-innovation slide 15: http://literoflight.org/
Placing a PET bottle in their roofs people in the Philippines
created light in houses fueled by the sun.
1. PET soda bottle.
2. Galvanized iron sheet.
3. Rubber sealant.
5. Filtered water. slide 16: https://www.chotukool.com/ is a tiny refrigerator sold
by http://www.godrej.com/. Instead of the traditional
compressor the https://www.chotukool.com/
refrigerator uses a computer fan to cool the air.
It works on a battery and is lightweight so you can easily
bring the refrigerator with you. slide 17: Part 5
Retail examples slide 18: http://www.business2community.com/business-innovation/learning-master-frugal-innovation-founder-ikea-01454878PqyFPWFJj7mXjUcg.97
Ingvar Kamprad founder of http://www.ikea.com/ reduced
costs for furniture assembly storage and transportation by
developing flat pack kits.
The flat pack kits
took up less space than regular furniture
enabled customers to assemble their furniture themselves
in a simple way. slide 19: http://www.techshop.ws/ helped http://www.leroymerlin.com/
create maker spaces with 3D printers in retail stores.
Thereby they help customers save money and consume
http://www.strategy-business.com/article/00368 slide 20: https://www.sparkschools.co.za/ provides education
for less than what it costs to educate a educate a
https://www.sparkschools.co.za/ reduces costs by
for example using modern technology and inviting
parents to help with maintenance.