Innovation in Emerging Economies

      
			              Forum
			            
							              22

		            		Nwagbosoh, Isaac
Management Consultant, Nigeria
			            
Innovation in Emerging Economies

	          		How do we create an enabling environment for innovation, creativity and entrepreneurship in emerging economies?
				      
X

							  			Welcome to the Product Development forum. The topic being discussed here is: "Innovation in Emerging Economies". 
										
Sign up now to gain access.  It's free. 

Comments

																	  	Sort by date
																	  	Sort by rating
																		
Rating

										              3

						            	R.S. MATHUR
Teacher, India
												
				                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.
				                
										              0

						            	Nwagbosoh, Isaac
Management Consultant, Nigeria
												
				                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?
				                
										              1

						            	R.S. MATHUR
Teacher, India
												
				                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 envi... Sign up
				              
Leave a comment

		                            More on Product Development:
		                          
													            	Summary
													            
												              Discussion Topics
												            
		                          	Stage-Gates are Not Limitative
Involving End Users in the Innovation Process
Politics and Innovation in Countries
Stage-Gate Process for Product Quality Improvement
Tip: 10 Red Flags for Innovation
Innovation Leadership
👀Innovation in Emerging Economies
🔥The 5 Elements Innovation Framework (Bouquet et al.)
Innovation versus Improvisation
Iteration in Stage-Gate Model (Cooper)
Estabish a Distributed Innovation Group
Process for New Product Introduction
Agenda for a Stage-Gate Meeting?

		                              Special Interest Group
		                            
		                            Do you know a lot about Product Development? Become our SIG Leader