research innovation and entrepreneurship
TRANSCRIPT
RESEARCH, INNOVATION AND ENTREPRENEURSHIP: ESSENTIALS FOR SOCIO-ECONOMIC TRANSFORMATION
BY
Salome Guchu
Ministry of Higher Education, Science and Technology
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OUTLINE
Introduction
Towards a Knowledge based economy
Research, Innovation and Entrepreneurship
ST&I essentials for socio-economic transformation
Building an Innovative and Entrepreneurial Culture
INTRODUCTION
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Nation’s socio-economic transformation rests on an innovation-driven growth.
In Kenya’s long-term development blueprint, Vision 2030 - the main goal is to transform into a knowledge-based economy
Key assets that drive a knowledge-based economy include advanced research, patents and high quality relevant graduates.
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Current Status: Kenya is still a factor-driven economyContd…
Source: The Global Competitiveness Report 2011-2012, World Economic Forum
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A KNOWLEDGE –BASED ECONOMY Must have research that leads to increased products
Products
Prototypes
IP (Patents, trademarks, Industrial designs, Utility
Models)
Publications
Scientific Research: Basic & Applied
• Always ensure there is growth in the overlapping interrelationship
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Transformation of
knowledge into
moneyTransformation of
money into knowledge
Dedicate to reinvesting innovation
returns in knowledge creation
Must have a complete cycle of knowledge to money
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THE JOURNEY: KNOWLEDGE TO MONEY
Is it a smooth straight forward progression?
KNOWLEDGE MONEY
NO
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Scientific Research
Inventions
Valley of Death
Innovations
&
New Businesses
Viable Businesses
Darwinian Sea
THE JOURNEY
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KNOWLEDGE BASED ECONOMY
Strongly rooted in Research, Innovation and Entrepreneurship
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RESEARCH, INNOVATION AND ENTREPRENEURSHIP
What are the ST&I Essentials for Socio-economic Transformation?
i. ST&I POLICY – The guiding principle
FIVE Key Components
ST&I for Policy: Customization to the needs of nationalsocio-economic transformation programme e.g. is itcustomized to support Kenya Vision 2030
Policy for ST&I: Measures to strengthen nation’s ST&Icapacity and capability in terms of institutions, mandates,personnel, funding and linkages must be part of ST&I policy
Private Sector buy in: Participation and commitment ofboth public and private sector in implementation andsuccess of nation’s socio-economic transformationprogramme.
ST&I Governance: Ensure effective consultation,coordination, collaboration and harmonization of ST&I.
ST&I and Community: Supportive and knowledgeablesociety is key for advancement of ST&I in a country
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ii. NATIONAL INNOVATION SYSTEM
Knowledge generation and acquisition
Knowledge utilization and commercialization
A Well developed interface
• Involve various ST&I actors in academia, industry and Government >>> To ensure a well developed interface
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Web of Interaction
Industry and Business community
(Manufacturers, Service providers,
customers)
Academia
(Universities, RIs, TVETs)
Financial Sector (Venture capitalists, Banks, Business angels, investors)
Government
(Policy coordination,
regulatory and administrative
environment, R&D Funding)
Innovation Support
(Technology commercialization offices/centres, S&T parks, Incubators, clusters ,networks)
Dynamic and effective interaction among various
ST&I actors – A must for innovative and entrepreneurial Society
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iii. ROLE OF INSTITUTIONS OF HIGHER LEARNING Recognize that wealth is generated through creating and
harnessing the value of knowledge.
Embrace the complete cycle of innovation and entrepreneurship: Generation, utilization, dissemination and translation of knowledge.
Provide solutions through real world
experiences
Generate Knowledge
Translate Knowledge
(Innovation and Entrepreneurship))
Disseminate Knowledge
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Generate adequate human capital taking in to accountquality and relevancy to the needs of the country.
Ensure provision of a complete human resource pyramidto move national ST&I agenda
Champions
Advisors
Popularisers
Planners
Managers
Educators
Practitioners
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iv. SMART PARTNERSHIPS AND COLLABORATIONS
• Global Partnerships and collaborations enhance
access to international frontiers of science and
technology
• Interact to Secure high levels of scientific advances
and technological progress
>>> Connect Globally to Develop Locally and Regionally
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iv. POLITICAL COMMITMENT
Bedrock without which the desired socio-economic transformation cannot be achieved.
• Allocation of funds
• Provision of suitable environment
To ensure generation of innovative human capital and effective implementation of national ST&I agenda in line with Policy
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BUILDING AND SUSTAINING AN INNOVATIVE & ENTREPRENEURIAL CULTURE: GETTING
IT RIGHT
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i. Team work:
Always understand that everyone matters, therefore MUST seek to work together with others.
ii. Be Solution oriented:
• Focus on creating solutions and not on avoiding failure.
• Should expect and accept failures may come but be willing to persevere.
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iii. Be Customer driven:
• Understand that Customers are key
• Customers validate ideas to have value.
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iv. Must Learn and adhere to policy and regulations
iv. Be Honest and transparent
vi. Ensure clarity in communication:
• Must communicate your ideas clearly.
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vii. Networking and connectivity:
• Avoid insulation and seek ways to partner with others globally.
• Sharing information increases ones ability to fill in knowledge gaps.
“No man is an Island, entire of itself; every man is a piece of the
Continent, a part of the main”
John Donne (1572 - 1631) , Meditation XVII
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“Do not be encumbered by history. Go off and dosomething wonderful.”
-Dr Robert Noyce, Intel Co-founder (1927-1990)