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July 22, 2012
Private versus social returns of jugaad innovation

It is the age of austerity in Europe. In India, it is the age of frugality, as the middle class expands and innovation drives a kind of resource-conscious economic growth. A new book by Navi Radjou, Jaideep Prabhu, and Simone Ahuja called Jugaad Innovation reframes the language of modern resource-conscious, frugal innovation in terms of jugaad.
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