Conference paper 2023

Challenges in Building an Ecosystem for Inclusive Innovation as a Prerequisite for Scaling up Inclusive and Grassroots Innovation

Lecture Notes in Networks and Systems
Conference · Vol. 605 LNNS · pp. 388-397
Abstract

An ecosystem for inclusive innovation involves communities, innovators, policy makers, and research organizations, educational and financial institutions and their interrelations. The objective of this paper is to analyses the specific challenges that inclusive and grassroots innovators meet and the behavior of the ecosystem that can either hinder or facilitate their market realization. In the results section it is determined challenges which may be considered for further development of inclusive and grassroots innovations: limited access to knowledge and skills, lack of access to adequate financing, lack of market information, regulatory and policy challenges. Conclusion reveal that exchange of knowledge between the actors of an ecosystem will facilitate scaling up of inclusive innovations as this will add up to the internal capacity of inclusive innovators; dissemination can be improved with the support of knowledge flow; and inclusive innovations need flexible financial mechanisms and policy initiatives tailored to the needs of inclusive innovations that are strongly encouraged. © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.

Keywords

Author Keywords

ecosystem inclusive innovation Regulations knowledge exchange Financing mechanisms Grassroots innovation Replication Scaling up

Index Keywords

Author Affiliations
George Emil Palade University of Medicine, Pharmacy, Science, and Technology of Targu Mures, Targu Mures, Mures, Romania
Funding & Acknowledgements
European Commission, EC
Grant: 585919-EPP-1-2017-1-RO-EPPKA2-CBHE-JP
Funding. This research was funded by the European Commission, Erasmus+ programme, grant number 585919-EPP-1-2017-1-RO-EPPKA2-CBHE-JP.
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