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      Prometheus is published by Pluto Journals, an Open Access publisher. This means that everyone has free and unlimited access to the full-text of all articles from our international collection of social science journals. Furthermore Pluto Journals authors don’t pay article processing charges (APCs).

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      Prometheus

      Volume 37, Issue 3
       
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      Frugal innovation capabilities: conceptualization and measurement

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      Author(s): a , * , a , b , c
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            Abstract

            Firms in emerging markets are rapidly developing frugal innovation capabilities (FICs) in order to harness the growth potential of these markets. Researchers have explored this frugal innovation phenomenon through case studies of such firms. This nascent domain of study has been growing, and the demand for a specialized focus on FICs and their measurement is strong. This paper aims to satisfy the demand by conceptualizing FICs using the theoretical framework of dynamic capability, developing a measurement scale, and empirically validating the scale to measure FICs. Data from the medical device and automobile sectors in India were applied for this purpose. It is proposed that FICs are a composite variable with four dimensions: value for money, acceptable quality, scalability and marketability. The confirmatory factor analysis results validate these dimensions, presenting a gateway to explore FICs and their applications.

            Content

            Author and article information

            Journal
            Journal ID (doi): 10.2307/j50022063
            Journal ID (jcode): prometheus
            Title: Prometheus
            Publisher: Pluto Journals
            ISSN: 0810-9028
            ISSN: 1470-1030
            Publication date (Print): 1 September 2021
            Volume: 37
            Issue: 3 ( doiID: 10.13169/prometheus.37.issue-3 )
            Pages: 259-285
            Affiliations
            [ a ]Department of Management, Amrita Vishwa Vidyapeetham, Amritapuri Campus, Kollam, Kerala, India
            [ b ]Department of Management and Marketing, Marymount University, Arlington, Virginia, United States
            [ c ]Department of Mechanical and Materials Engineering, University of Nebraska, Lincoln, United States
            Author notes
            Article
            Publisher ID: prometheus.37.3.0259
            DOI: 10.13169/prometheus.37.3.0259
            SO-VID: 6ae1ed01-ab33-4828-a251-a7da231b745c
            Copyright © © 2021 Pluto Journals
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            ScienceOpen disciplines: Computer science,Arts,Social & Behavioral Sciences,Law,History,Economics

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