Frugal innovation: What governments can learn from emerging markets

Many governments are facing a perfect storm: smaller budgets, less staff, higher citizen expectations, retiring baby boomers, legacy systems and broken processes among other obstacles.

The Economist recently featured a special report on innovation in emerging markets. This report discussed how companies in the emerging markets, especially India and China, are forging ahead faster and smarter than the rest of us here in the so-called rich countries.