Anchoring: a historical perspective on frugal innovation
Miguel John Versluys,
Ineke Sluiter
Abstract:In almost all of its definitions, applications and examples, the concept of frugal innovation tends to be related exclusively to capitalism and modernity (this Handbook, Chapter 1). There are some observations on its history, e.g. the fact that '[i]t is not a new phenomenon and many societies are practicing it through centuries' (Devi and Kumar, 2017: 66); or the statement that '[i]n the basic sense, frugal innovation has always occurred since the invention of Neanderthal hand tools from stones and bones to ma… Show more
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