Government
#CoCreatingInnovation
Innovation ecosystems are the drivers of sustainable economic growth, the catalyst for foreign direct investments and the backbone to successful enterprise development. Without an ecosystem strategy, innovation policy will be fragmented, ad hock and reactionary.
Government & public sector
Underwriting innovation risk in your ecosystems strategy
The ecosystem designer must underwrite three types of risk to attract and forge successful partnerships. These include; initiative risk, interdependency risk, and adoption risk. Without understanding innovation risk of the stakeholders, forging partnerships will be problematic and ineffective.
Anam Rahman | Mar 2017
Government & public sector
Building ecosystems: Integrating I-Cap with E-Cap
Public policy must focus on creating two capacities; entrepreneurial and a technical capacities. The challenge of public policy is ensuring integration of these capacities to build a successful ecosystems. In practice, these two capacities are often detached and separated from each other.
James Browne | Sep 2018
Government & public sector
Consensus is the drivers of successful ecosystems
Pushing the frontiers of entire industries requires more than technology, business environments, ecosystems and smart public policies. Transformational change in major industries requires small and big companies to overcome their competitiveness concerns and utilise their complementary strengths.
Wendy Arnold | Dec 2018
The closed door innovation paradigm which drove 20th century thinking has been replaced with a new collaborative, and partnership orientated approach. Governments can unlock sustainable economic growth, by building the infrastructure to enable these collaborative efforts to flourish.
Government must play the role of the orchestrator, responsible for building the ecosystem, designing policies to underwrite innovation risk, expanding the innovation capacity, all while ensuring it stays glued together. The rewards can be significant for government. We see a direct relationship between successful ecosystems, total foreign direct investment and job creation.
Government & public sector
#CoCreatingInnovation
In May 2016 Challenge Advisory were engaged by a Local council to provide strategic consultancy to build and implement an Innovation Ecosystem
Government & public sector
#CoCreatingInnovation
Challenge Advisory provide consulting services to help a European University partner with multi-national to create a Innovation Ecosystem
Government & Public Sector
#CoCreatingInnovation
September 2018 advise on viability of an innovation ecosystem for an Emirate in the UAE.
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