https://journals.econsciences.com/index.php/JITKE <p>^{JITKE (3108-5539) is a peer-reviewed, open-access academic journal dedicated to exploring the dynamic interplay between innovation, technology, and the knowledge economy. This journal provides a platform for researchers, policymakers, and practitioners to disseminate cutting-edge research, critical analyses, and innovative solutions that contribute to advancing our understanding of these interconnected domains. The "Journal of Innovation, Technology and Knowledge Economy" is aimed at a broad audience of academics, policymakers, practitioners, and other stakeholders interested in the intersection of innovation, technology, and the knowledge economy. The journal provides a valuable resource for researchers seeking to publish their work, policymakers seeking evidence-based guidance, and practitioners seeking innovative solutions to real-world challenges. <strong>Continuous Publication Model:</strong> Econsciences Journals is published under the continuous publication model. T}</p> EconSciences Library en-US Journal of Innovation, Technology and Knowledge Economy 3108-5539 https://journals.econsciences.com/index.php/JITKE/article/view/2546 <p>This research introduces a novel production function integrating the Indian Jugaad philosophy, emphasizing cost-effectiveness and adaptability in resource- constrained environments. Traditional production functions, such as Cobb-Douglas and CES, assume capital abundance and technological uniformity, making them less applicable in developing economies where capital constraints and technological iner- tia prevail. This study develops a nested production function incorporating capital intensity, labor intensity, and capital-labor interaction as a composite input. The theoretical foundation is reinforced by linking Jugaad to Schumpeterian innovation, institutional economics, and adaptive efficiency. A dynamic transition equation is introduced, demonstrating how firms either persist with Jugaad-based strategies or transition to capital-intensive production over time. Industry-wide equilibrium properties and spillover effects are analyzed and empirically estimated using firm- level data. Empirical validation using India’s Annual Survey of Industries (ASI) across five industrial sectors demonstrates superior performance over Cobb-Douglas and CES models. Robustness checks, including cross-validation, AIC/BIC criteria, Hansen J-tests, Stock-Yogo weak-instrument tests, overidentification tests, and sen- sitivity analysis, confirm the model’s predictive power. The findings provide action- able insights for policymakers aiming to optimize industrial efficiency in emerging economies.</p> <p><strong>Keywords.</strong> Jugaad innovation; Production function; Resource-constrained economies; Capital–labor interaction; Industrial efficiency.</p> <p><strong>JEL.</strong> C23; D24; O14; O31; O33.</p> Samidh PAL Copyright (c) 2026 Journal of Innovation, Technology and Knowledge Economy 2026-01-17 2026-01-17 2 1 1 5 10.65810/jitke.v2i1.2546 https://journals.econsciences.com/index.php/JITKE/article/view/2704 <p>This paper presents novel solution for turning noise pollution into an energy source. To support this stance, theoretical calculations along with schematic diagrams on circuit boards and details regarding assembly plans of prototypes used during experimentation phases are also presented. The installation of the proposed device along airport runway lights has an initial cost of $102,150. As per specifications laid out in the article, this unit will have a capacity to generate 1.44MkWh energy for everyday use as compared with 0.074 Mk/h from airport runway lighting and aircraft generating around 0.072 MwH each day respectively. Additionally, Cost-Benefit Analysis demonstrates that this project offers positive benefits (Net Present Value &amp; Benefit-Cost Ratio). This proposal would involve a one-year project with an expected recovery period of one quarter. Adopting this plan may bring various benefits, such as reduced carbon emissions and less cost.</p> <p><strong>Keywords:</strong> Circular circulation; Combination of energy law and thermodynamics;&nbsp; Runway's lights; Monte Carlo Simulation; Renewable resources; Noise pollution</p> <p><strong>JEL:</strong> Q29; C63; O13.</p> Mehr-u-nisa ISHTIAQ Isma ISHTIAQ Copyright (c) 2026 Journal of Innovation, Technology and Knowledge Economy 2026-01-17 2026-01-17 2 1 6 16 10.65810/jitke.v2i1.2704 https://journals.econsciences.com/index.php/JITKE/article/view/2708 <p>In progress (Continuous Publication - March 2026)</p> EconSciences Library Copyright (c) 2026 Journal of Innovation, Technology and Knowledge Economy 2026-01-17 2026-01-17 2 1