Frugal innovations contribution to regional and economic development

I’ve been working on policy guidance to encourage frugal innovation (more on this later) and want to share my thoughts on the relevance of frugal innovation for regional and local economic development. Frugal innovation has been promoted as a business management practice that can be applied in resource-constrained conditions. However, it is also relevant for…

Micro and small enterprises: preferential policy treatment and exclusions

Many governments around the world assign policy preferences to micro and small enterprises. There are two rationales for this. First, micro and small enterprises deserve of special attention because of their overall contribution to national development. As a total sector, micro and small enterprises are major contributors to employment in almost all countries. Second, micro and small…