Episode 03/23 Wisdom Workshop: Frugal Innovation with Prof. Dr. Rajnish Tiwari (German)

Episode 03/23 Wisdom Workshop: Frugal Innovation with Prof. Dr. Rajnish Tiwari (German)

The world is changing at an unprecedented rate. We have actually long since understood that higher, faster and further is not the solution for the future viability of humanity. “Because we can no longer afford as a global society to continue our consumption of resources as we have been doing, we must … think about our product architecture. That’s the contribution of frugal innovation in terms of sustainability, putting resource consumption to the test in terms of efficiency and in terms of effectiveness.” Prof. Dr. Rajnish Tiwari

The conversation with Prof. Dr. Rajnish Tiwari gives a deep insight into the topic of “frugal innovation” in the sense of “appropriate”. What can the Western world learn from developments in emerging markets and what impact do these have on product composition, on the way the Western world also has to go in order to avoid wasting resources? We discuss this and much more in this podcast.

 Enjoy listening.

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