000 01668nam a2200145 4500
008 250307b |||||||| |||| 00| 0 eng d
100 _aMir Dost
245 _a Managerial Proactiveness, Frugal Innovation and Firm Performance
300 _aP.393-417
520 _aFirms use frugal innovations—affordable, functional and long-lasting solutions—to address issues in developing markets. These innovations aid businesses in providing valuable customer services, opening new markets and achieving sustainable goals that add value and stimulate the economy. However, our understanding of the link between frugal innovation and business performance is limited. To address this issue, the authors used a resource-based view and stakeholder theories to investigate the link between frugal innovation and firm financial and environmental performance and the moderating role of managerial proactiveness. The study analysed data from 580 CEOs in emerging markets, and the findings revealed that frugal innovation significantly enhances a firm’s financial and environmental performance. Managerial proactiveness also moderates the impact of frugal innovation on financial and environmental performance. The article concludes by discussing the theoretical and managerial implications, highlighting the importance of frugal innovation and the role of managerial proactiveness in driving firm performance
654 _aFrugal innovation
_a environmental performance
_afinancial performance
_aproactiveness orientation
_aemerging markets
700 _aWaheed Ali Umrani
773 0 _080315
_9109917
_dIndia Sage Publications
_tJournal of Entreprenureship
_x0971-3557
942 _cJA
999 _c131309
_d131309