Why Frugal Innovation Isn’t Cheap
1,182 views · Published 30 November 2015 · 1:40 · Indexed 10 November 2026
Channel: Columbia Business School · 2015 · Education
“Jugaad” innovation – a quick fix – is not synonymous with frugal innovation. Understanding the difference is key to sustainability and scalability of any attempt to move a company or industry forward. Balram Bhargava, Professor of Cardiology, All India Institute of Medical Science and Executive Director, Stanford India Biodesign Centre, spoke at “Caring for Millions,” a conference on Indian healthcare sponsored by the India Business Initiative at the Chazen Institute of International Business, Columbia Business School.
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