Project Details
Key findings
Frugal and reverse innovations can share similar interpretations, with reverse innovations sharing the resource-constrained traits of frugal innovations.
The study findings suggest that there is limited awareness at the policy and investment level of these specific innovation concepts.
The findings suggest that there is room to improve the promotion of frugal and reverse innovation. Social and sustainability policy frameworks could be an appropriate area where frugal innovation, in particular, could be best supported.
Frugal innovations align with EU sustainability goals, addressing challenges such as reducing fossil fuel reliance, improving accessible healthcare, and enhancing EU autonomy by promoting local solutions, presenting an opportunity for the EU to increase its competitiveness against growing emerging external markets.
The study findings suggest that there is limited awareness at the policy and investment level of these specific innovation concepts.
The findings suggest that there is room to improve the promotion of frugal and reverse innovation. Social and sustainability policy frameworks could be an appropriate area where frugal innovation, in particular, could be best supported.
Frugal innovations align with EU sustainability goals, addressing challenges such as reducing fossil fuel reliance, improving accessible healthcare, and enhancing EU autonomy by promoting local solutions, presenting an opportunity for the EU to increase its competitiveness against growing emerging external markets.
| Status | Finished |
|---|---|
| Effective start/end date | 1/11/23 → 18/12/25 |
Collaborative partners
- European Innovation Council and SMEs Executive Agency (European Commission) (lead)
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