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Frugal innovation is a major source of affordable and sustainable solutions to problems of poverty, inequality and resource constraint worldwide. New technologies such as 3D printing, smartphones and the Internet of Things, as well as movements like the Maker Movement and the Sharing Economy, are driving the democratization of innovation everywhere.

Jaideep Prabhu, Jawaharlal Nehru Professor of Indian Business & Enterprise at Cambridge Judge Business School, on frugal innovation.

Read the full article [cambridgenetwork.co.uk]