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Charles Leadbeater on ‘frugal innovation’

Innovation Strategy

Charles Leadbeater, global advisor and leading authority on innovation, presents a powerful new model of social change called “frugal innovation”.

Focused on providing low-cost solutions to social issues, the model is based around four key design principles – “lean, simple, clean, social”. By rethinking current technology and re-examining resources through collaborative innovation, Leadbeater says that we can produce extraordinary results, as “many of the most important innovations are in process rather than products or services.” He uses examples of innovators and entrepreneurs from developing countries to show that this model can produce boundless opportunities in a world with severe constraints on capital and resources.

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