from Part II - Types of Innovation in Emerging Markets
Published online by Cambridge University Press: 15 March 2021
This chapter sheds light on the growing relevance of frugal innovation as EMNCs leverage competitive advantages through its means. We highlight the three component parts (open, sustainable and cost innovation) of this process. Drawing on case studies and a survey of Brazilian MNCs, we demonstrate the stakes of frugal innovation as a catch-up strategy.
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