THE IMPACT OF FRUGAL INNOVATION ON SUSTAINABILITY: A SYSTEMATIC LITERATURE REVIEW
Lea Franziska Stã–ber,
Daniel Sommer () and
Bernd Ebersberger ()
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Lea Franziska Stã–ber: Department of Innovation Economics (520I), University of Hohenheim, Wollgrasweg 23, 70599, Stuttgart, Germany
Daniel Sommer: ��Department of Innovation Management (570F), University of Hohenheim, Schloss Hohenheim 1, 70599 Stuttgart, Germany
Bernd Ebersberger: ��Department of Innovation Management (570F), University of Hohenheim, Schloss Hohenheim 1, 70599 Stuttgart, Germany
International Journal of Innovation Management (ijim), 2022, vol. 26, issue 08, 1-48
Abstract:
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)Â investigating characteristics that make frugal innovation sustainable.
Keywords: Frugal innovation; sustainability; triple bottom line; SLR (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijimxx:v:26:y:2022:i:08:n:s1363919622300021
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DOI: 10.1142/S1363919622300021
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