Table 2

Key characteristics extracted from the definitions of FI*

Key characteristicAssociated key wordsReference(s)
Affordability
  • Unnecessary costs

  • Low cost

  • Cost-conscious

  • Cost-effective

  • Minimum-cost

  • Non-essential costs

  • Significantly lower costs

  • Low budget

  • Low purchasing power

  • Low income

  • Low priced

  • Economic means

42
Adaptability
  • Addressing specific needs

  • Flexible

  • Conforming to needs

  • Suffice the needs

  • Focus on crucial needs

  • Developed for very specific applications

  • Meeting the needs

  • Innovated under

  • Doing more for less

  • Means or an ends

  • Needs and context of citizens in the developing world are put first

39
Accessibility
  • Availability

  • Convenience

  • Ease of access

  • In any segment of the economic pyramid

  • Both emerging and developed markets

  • For the many

  • For more people

6 7 13 16 24 31 42 45–48
Sustainability
  • Eco-friendly

  • Ecosystem

  • Low environmental impact

  • Repurposing

  • Low environmental intervention

  • Ecological

  • Renewable

  • Spare resource use

  • Sustainable development

18 31 49 52 64
Scalability
  • Volume

  • Profitable

  • Expanding

  • Scaling

  • Changing markets

  • Market orientation

  • Reverse innovation

  • Large scale

1 18 20 39
Simplicity
  • Easy to use

  • User-friendly

  • User-friendliness

  • No previous training required

  • Low competency

  • Strip back

  • Essential

  • Basic

  • Simple

  • Simpler

  • Sophistication

  • Non-essential

  • Minimising the use of material

  • Reduces material waste

18 31 42 52 63 64
Emerging market
  • Bottom of the pyramid

  • Low-income market

  • Developing countries

  • Developing world

  • Low-income to middle-income countries

  • Low purchasing power

  • Resource constrained

  • Resource scarcity

  • Unserved customers

  • Underserved consumers

13 18 20 24 31 39 42 47
Developed market
  • Top of the pyramid

  • High-income market

  • Developed countries

  • Developed world

  • High-income countries

  • Medium to high purchasing power

39 42
Functionality
  • Essential

  • Appropriate

  • Minimalistic

  • Minimalism

  • De-featuring

  • Unnecessary frills stripped out

19 64
Performance
  • Optimisation

  • Robust

  • Outperform

  • Enhanced

  • Advanced

  • High quality

19 74
Process
  • Approach

  • Procedure

  • Moving counterparts

6 7 13
Outcome
  • Result

  • Conclusion

  • Consequence

  • Reaction

24 31
Mindset
  • Psychological

  • Cognitive

  • Behaviour

  • Lifestyle

  • Mentality

  • Attitude

  • Ethos

  • Decision making

  • Thought process

17 49
Resource scarcity/constrained
  • Limited resources

  • Sparing resources

  • Budget constraints

  • Insufficiency

  • Resource shortages

  • Limited or no access

  • Shortages

3 16 20 24 31 45–48 64
Good-enough
  • Sufficient

  • Suffice

  • Functional

  • Acceptable

  • Appropriate

  • Passable

  • Decent

  • Satisfactory

  • Contention

13 16 17 45 48
High value
  • Potential

  • Profitable

  • Scalable

  • Attractive

  • Novelty

20 49 63
  • *Adapted from Weyrauch and Herstatt.19

  • FI, frugal innovation.