This has created a pool of talented and resourceful human capital producing award winning innovations. Notably, the top innovating countries have highly valued organizations coupled with effective regulatory authorities and business environment, especially in the private sector. Also, they have created effective innovation ecosystems with substantial funding available from both the private and public sector. But for technological innovation to impact community, more measures have to be put in place. Those could include the following.
Therefore, to have a sustainable impact on community and economic development, there is need to enhance an atmosphere that encourages innovation, provides an environment in which it is safe to fail, and harnesses the power of partnerships, collaboration and research to size down the solutions or products to particular niche markets.
Peter A. Kyeyune is an E4C Research Fellow working with Kiira Motors, a presidential initiative aimed at championing value addition in the domestic automotive industry for job creation and diversification of the Ugandan economy. Sign In to comment. Maybe it snapped off. Maybe it got lost. Maybe it got jury-rigged into a knife for the butcher to use at the same store.
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View Preview. Learn more Check out. Abstract This article investigates the way in which regions innovate. Citing Literature. Volume 41 , Issue 6 November Pages Related Information. Close Figure Viewer. Browse All Figures Return to Figure. Previous Figure Next Figure. Email or Customer ID.