The New Wave Of Health Care Thinking: ‘Frugal Innovation’
Reuters: Analysis: Healthcare Sees Emerging Future In Frugal Innovation
The new wave of thinking effectively turns on its head the idea that healthcare innovation must always make something more high-tech, more sophisticated, more complex - and hence more expensive. With this kind of disruptive innovation, sometimes called "frugal innovation", instead of adding yet more bells and whistles, the idea is strip down to the bare necessities (Kelland, 6/20).