Frugal canvas: a simple and easy tool for conceptualizing frugal innovation
Keywords:
frugal canvas, visual management, frugal innovationAbstract
This research aimed to create a structured canvas to assist in the ideation of frugal innovations. To achieve this, a qualitative research was performed through a theoretical review on the following topics: a visual management, the business model canvas, and the frugal innovation. The integration of these concepts resulted in a tool that aims to offer a holistic view and the identification of important areas for the development of frugal innovation – the frugal canvas –, which is composed of nine blocks representing key areas of focus in the development frugal innovation solutions, as follows: problems; possible solutions; costs; functionality; optimization; ecosystem; frugal solution; for whom; and user experience. The results indicate that the frugal canvas can be a useful tool to support the development of frugal innovations.