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Nwagbosoh, Isaac
Management Consultant, Nigeria
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Innovation in Emerging Economies
How do we create an enabling environment for innovation, creativity and entrepreneurship in emerging economies?
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R.S. MATHUR
Teacher, India
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Enabling Environment for Entrepreneurship and Innovation in Developing Countries
Dear Isaac, to establish successful entrepreneurship and innovation an ecosystem needs to be developed. In my opinion the contributing factors are:
1. Motivating government policies,
2. Relevant training at all levels.
3. Societal support and
4. Adequate and timely hand-holding by financial and technical institutions.
Entrepreneurship and innovation are two sides of the same coin. So for both a similar ecosystem is needed.
No fear for failure and the will to experiment are also vital ingredients for the innovation culture.
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Nwagbosoh, Isaac
Management Consultant, Nigeria
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Enabling Environment for Entrepreneurship and Innovation in Merging / Developing Countries
Is it achievable in view of the perennial lack of developed political institutions, looting, corruption, poor leadership, sit-tight mentality of the political class, and high degree of insecurity prevalent in most of our emerging economies?
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R.S. MATHUR
Teacher, India
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Enabling Environment for Entrepreneurship and Innovation in Developing Countries
Issac, I agree it is an uphill task for entrepreneurs and innovators to function in the kind of environment that does exist in several developing countries. However, I have a lot of faith in human ing...
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