'Too Good' to Succeed? Why Not Just Try'Good Enough'! Some Deliberations on the Prospects of Frugal Innovations
Research output: Working paper › Working papers
Authors
High-tech, German companies are facing a curious problem: their products are
reportedly “too good” for the expanding global markets. So in a way they get
“penalised” for offering a superlative quality. At a second glance, though, this
doesn’t seem surprising. For, succeeding in the emerging markets like India or
China often requires developing market-specific products and services that
enable an attractive value proposition without taking recourse to (excessive)
over-engineering. Furthermore, the innovations should be able to cope with,
and successfully circumvent, the given infrastructural restrictions ever so
present in the rural and semi-urban areas in such economies.
reportedly “too good” for the expanding global markets. So in a way they get
“penalised” for offering a superlative quality. At a second glance, though, this
doesn’t seem surprising. For, succeeding in the emerging markets like India or
China often requires developing market-specific products and services that
enable an attractive value proposition without taking recourse to (excessive)
over-engineering. Furthermore, the innovations should be able to cope with,
and successfully circumvent, the given infrastructural restrictions ever so
present in the rural and semi-urban areas in such economies.
| Original language | English |
|---|---|
| Place of Publication | Hamburg |
| Publisher | Technische Universität Hamburg-Harburg |
| Number of pages | 11 |
| DOIs | |
| Publication status | Published - 10.2013 |
| Externally published | Yes |
- Management studies - frugale innovationen, reserve innovation, schwellenländer, indien, china
