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Adoption of Open Innovation by Small Firms to Develop Frugal Innovations for Inclusive Development

In: RESEARCHING OPEN INNOVATION IN SMEs

Author

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  • Mokter Hossain

Abstract

People at the grassroots level have been developing a growing number of frugal innovations (FIs). Many of them do not have formal education and access to science and technologies. FIs are playing important roles for inclusive development. Open innovation (OI) has been studied in the context of large firms, small and medium-sized firms, or high-tech industries. However, OI has not been explored in the context of FIs. In this chapter, I explore the role of OI in three FI cases that emerged in rural India. I also explore the role of these cases for inclusive development. The chapter enhances our knowledge about OI and expands the scope of OI to new application areas. I find that small firms that develop FIs at the grassroots level need more support in the development stage than in the commercialization stage. They need extensive engagement in OI activities, such as networking, collaboration with different partners, and scouting. FIs play a significant role in inclusive development.

Suggested Citation

  • Mokter Hossain, 2018. "Adoption of Open Innovation by Small Firms to Develop Frugal Innovations for Inclusive Development," World Scientific Book Chapters, in: Wim Vanhaverbeke & Federico Frattini & Nadine Roijakkers & Muhammad Usman (ed.), RESEARCHING OPEN INNOVATION IN SMEs, chapter 4, pages 115-135, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789813230972_0004
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    Citations

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    Cited by:

    1. Hossain, Mokter, 2021. "Frugal innovation and sustainable business models," Technology in Society, Elsevier, vol. 64(C).
    2. Radziwon, Agnieszka & Bogers, Marcel, 2019. "Open innovation in SMEs: Exploring inter-organizational relationships in an ecosystem," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 573-587.

    More about this item

    Keywords

    Open Innovation; SME; Entrepreneur; Innovation Ecosystem; Licensing; Ip; Collaboration; Market Partner; Partnerships; Innovation Management; Business Model;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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