Practical sheet | REF: FIC1477 V1

Understanding frugal innovation strategies

Author: Chloé LECOMTE

Publication date: May 10, 2015 | Lire en français

You do not have access to this resource.
Click here to request your free trial access!

Already subscribed? Log in!


5. Mistakes to avoid

5.1 Don't confuse frugal innovation with target-cost design

Frugal innovation is primarily concerned with product functionality, whereas target-cost design seeks to reduce costs, particularly in manufacturing, sometimes at the expense of functionality. It's important to bear in mind that frugal innovation is by no means the degradation of an existing product to make it low-cost, but rather a new way of thinking about product design in terms of functionality to meet essential needs, leaving superfluous features to one side.

SCROLL TO TOP

5.2 Don't...

You do not have access to this resource.

Exclusive to subscribers. 97% yet to be discovered!

You do not have access to this resource.
Click here to request your free trial access!

Already subscribed? Log in!


The Ultimate Scientific and Technical Reference

A Comprehensive Knowledge Base, with over 1,200 authors and 100 scientific advisors
+ More than 10,000 articles and 1,000 how-to sheets, over 800 new or updated articles every year
From design to prototyping, right through to industrialization, the reference for securing the development of your industrial projects

This article is included in

Management and innovation engineering

This offer includes:

Knowledge Base

Updated and enriched with articles validated by our scientific committees

Services

A set of exclusive tools to complement the resources

Practical Path

Operational and didactic, to guarantee the acquisition of transversal skills

Doc & Quiz

Interactive articles with quizzes, for constructive reading

Subscribe now!

Ongoing reading
Mistakes to avoid