Pune, March 26 -- The unique strength of Indian research lies in solving complex problems with limited resources, said Jaideep Prabhu, Professor at University of Cambridge and Nehru Professor of Indian Business there.
He was speaking at an event organized by FUEL Business School here during the launch of his book 'Lean Spark' on Thursday.
Prof. Prabhu explained that "Jugaad" concept represents frugal innovation driven by flexibility, speed, and unconventional thinking using lean resources to achieve more with less. It involves creating effective solutions through resourcefulness, temporary fixes, and adaptability.
Highlighting the concept of Lean Spark, he outlined four key features: the importance of lean execution, structured experimen...