5 PRINCIPLES THAT GUIDE FRUGAL INNOVATORS
Frugal Innovation in simple terms is the process of reducing the complexity and cost of a good and its production and stretching the available resources to its maximum potential. Based on the Indian concept of “Jugaad” frugal innovation is an ingenious and creative way to solve problems with limited resources. Going against the traditional belief that the innovation is made possible by extensive research and development and utilizing large amount of resources, frugal innovators argue that stricter budgets and other constraints give way to much more creative outcomes. Here are some of the principles that guide frugal innovators: Do More With Less Keep It Simple Think And Act Flexibly Seek Opportunity In Adversity Follow Your Heart Ignitho Technologies Inc, one of the Top Software Development Companies in USA and UK, offers various software and related development services to some of the leading firms across the globe. Having development offices in UK, USA...