Prashant Kumar, Dongbei University of Economics & Finance, Dalian, China
Tao Meng, Dongbei University of Economics & Finance, Dalian, China
Sajal Kabiraj,Full Professor of Strategy & International business, Dongbei University of Economics & Finance, Dalian, China

In recent years, the focus of the governments, business and civil society around the world has been shifted from the traditional way of performing the various tasks toward more inclusive, where all the stakeholders work in collaboration. Keeping this perspective in mind, we as an author of this paper try to explore the possibilities of managing low cost innovation developed by the people who are not at the leading edge of the technologies, but who are living at the edge of poverty and its social and economic implication on the society at large. This paper with the help of a typical case study research method will try to fill the gap in the previous research in the field of frugal innovation, user innovation, crowdsourcing and BOP, which mainly focus on the frugal innovation developed by different organizations, user innovation for the upper strata of life, crowdsourcing through internet and BOP from the companies perspective. This research will highlight the low cost innovation done by people who are short of connectivity, information, education & economic resources, along with this it will try to justify the framework proposed by C.K Prahalad for the ''Bottom of the Pyramid" market and on the basis of the above findings will strongly argue in favor of crowdsourcing the process of frugal innovation.

Keywords: user & non user innovation, frugal innovation, bottom of the pyramid, crowdsourcing

Suggested citation: Prashant Kumar. Meng, T. & Kabiraj, S.(2018).Frugal innovation: a need which need to be crowd-sourced. Skyline Business Journal, Volume 14, No 1,pp 32-46.

{jd_file file==120}

Prashant Kumar. Meng, T. & Kabiraj, S.(2018).Frugal innovation: a need which need to be crowd-sourced. Skyline Business Journal, Volume 14, No 1,pp 32-46.