Examples of frugal innovation from housing, energy, transportation, and retail.
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Language: en
Added: Aug 17, 2016
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Slide Content
Frugal
innovation
Part # 1
What is frugal innovation?
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.
http://www.strategy-business.com/article/00368
Affordability, simplicity, quality, and sustainability
are 4 key values in frugal innovation.
Part # 2
Transportation examples
http://news.bbc.co.uk/1/hi/business/7957671.stm
What makes the http://www.tatanano.com/cheap?
http://www.blablacar.com/makes it simple for people to
drive with each other and thereby save money.
Part # 3
Housing examples
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/
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
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
plastic material.
https://hbr.org/2014/12/what-frugal-innovators-do
https://www.airbnb.com/make it simple for people to share
apartments / houses with other people.
Part # 4
Energy examples
http://www.m-kopa.com/is a ahome 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://www.mpesa.in/.
https://hbr.org/2016/02/tackling-big-global-challenges-with-low-cost-innovation
http://literoflight.org/
http://www.instructables.com/id/How-to-build-a-SOLAR-BOTTLE-BULB/
Placing a PET bottle in their roofs, people in the Philippines
created light in houses fueled by the sun.
Materials needed
1.PET soda bottle.
2.Galvanized iron sheet.
3.Rubber sealant.
4.Bleach.
5.Filtered water.
https://www.chotukool.com/is a tiny refrigeratorsold
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.
Part # 5
Retail examples
http://www.business2community.com/business-innovation/learning-master-frugal-innovation-founder-ikea-01454878#PqyFPWFJj7mXjUcg.97
Ingvar Kamprad, founder of http://www.ikea.com/, reduced
costs for furnitureassembly, storage, andtransportation, 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.
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
sustainably.
http://www.strategy-business.com/article/00368
https://www.sparkschools.co.za/provides education
for less than what it costs to educate a educate a
state-school student.
https://www.sparkschools.co.za/reduces costs by,
for example, using modern technology and inviting
parents to help with maintenance.