Online: | |
Visits: | |
Stories: |
Videos For An Earth In Transition – http://www.earth-heal.com/index.php/videos.html
Source: TED
Via nextworldtv.com
Navi Radjou has spent years studying “jugaad,” also known as frugal innovation. Pioneered by entrepreneurs in emerging markets who figured out how to get spectacular value from limited resources, the practice has now caught on globally. Peppering his talk with a wealth of examples of human ingenuity at work, Radjou also shares three principles for how we can all do more with less.
Frugal innovation: Resourcefulness as the essence of sustainability… Innovative process of the future. Getting the most out of what we have.
“Jugaad”, or frugal innovation, is the practice of creating technology to meet human needs using the smallest amount of resources as possible.
This method has sparked out of necessity in many countries of the global South, as the wealth of money, power, industry and developed resources just simply isn’t as present in many of these regions.
But could this process of frugal innovation be paving the way to a sustainable future?