India Studies in Business and Economics

Lead Market India

Key Elements and Corporate Perspectives for Frugal Innovations

Editors: Herstatt, Cornelius, Tiwari, Rajnish (Eds.)

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  • Presents perspectives on innovations across multiple industries in India
  • Analyzes recent developments based on longitudinal observations integrating multinational and Indian corporate perspectives
  • Presents mechanisms to realize world-class products rooted in frugal designs​
  • Features essential elements for frugal innovations
  •  
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eBook $119.00
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  • ISBN 978-3-319-46392-6
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Hardcover $159.99
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  • ISBN 978-3-319-46390-2
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Softcover $159.99
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  • ISBN 978-3-319-83509-9
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About this book

India is still perceived by some as a developing country that has yet to create world-class products of its own. However, this book shows that in recent years India has emerged as a lead market for frugality-driven innovations that are affordable, robust and successful even outside its geographic boundaries. Many global companies have recognized these changes and are ramping up their local R&D capabilities. At the same time, several Indian firms are venturing out to international shores and gaining access to new markets. Using a top-down approach, the book takes a closer look at systems of innovation at work and presents examples of successful, corporate innovations in multiple industries and their contextual conditions.





About the authors

Cornelius Herstatt is professor of Innovation Management and Director of the Institute for Technology and Innovation Management of Hamburg University of Technology (TUHH). His research focuses on lead user and open innovation in global contexts. His recent work involves combining elements of this research with the investigation of lead markets. He has also been doing extensive research on Innovation Management practices in India and Japan. He holds a guest professorship with Tohoku-University in Sendai and is co-founder of the European Institute for Technology and Innovation Management (EITIM). Prof. Herstatt is a research alumni/fellow of the East-West Centre (Honolulu), JSPS (Japanese Society for promoting Science) and Templeton College in Oxford (UK). He is a founding member of the Center for Frugal Innovation at TUHH and member of its Board of Management.

Rajnish Tiwari is Senior Research Fellow and Program Leader at Institute for Technology and Innovation Management of Hamburg University of Technology (TUHH), where he leads the research program on "Global Innovation". He is one of the founding members of Center for Frugal Innovation and part of its Board of Management. Additionally, he advises Germany's Federal Ministry of Education and Research (BMBF) on “new global innovation paths” in his capacity as a member of the ITA Advisory Circle. He has worked upon extending the theory of lead markets to emerging economies. His current research is primarily focused on “affordable green excellence” that fulfills high quality standards and is responsible in its social and environmental impact. He leads the German-Indian Round Table (GIRT) in Hamburg  and is a member of its Advisory Board of the German-Indian Society.

Table of contents (11 chapters)

Table of contents (11 chapters)
  • India’s Emergence as a Lead Market for Frugal Innovations: An Introduction to the Theme and to the Contributed Volume

    Herstatt, Cornelius (et al.)

    Pages 1-10

  • Frugal Innovation: An Assessment of Scholarly Discourse, Trends and Potential Societal Implications

    Tiwari, Rajnish (et al.)

    Pages 13-35

  • Frugality in Indian Context: What Makes India a Lead Market for Affordable Excellence?

    Tiwari, Rajnish

    Pages 37-61

  • Emerging Patterns of Grassroots Innovations: Results of a Conceptual Study Based on Selected Cases from India

    Nair, Anup Karath (et al.)

    Pages 65-95

  • Consumer Innovation in the Poor Versus Rich World: Some Differences and Similarities

    Praceus, Sarah (et al.)

    Pages 97-117

Buy this book

eBook $119.00
price for USA in USD (gross)
  • ISBN 978-3-319-46392-6
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $159.99
price for USA in USD
  • ISBN 978-3-319-46390-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $159.99
price for USA in USD
  • ISBN 978-3-319-83509-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Lead Market India
Book Subtitle
Key Elements and Corporate Perspectives for Frugal Innovations
Editors
  • Cornelius Herstatt
  • Rajnish Tiwari
Series Title
India Studies in Business and Economics
Copyright
2017
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing Switzerland
eBook ISBN
978-3-319-46392-6
DOI
10.1007/978-3-319-46392-6
Hardcover ISBN
978-3-319-46390-2
Softcover ISBN
978-3-319-83509-9
Series ISSN
2198-0012
Edition Number
1
Number of Pages
XI, 254
Number of Illustrations
54 b/w illustrations
Topics