“Disruptive Innovation: A Strategy for Boosting Ghana’s Digital Initiative
Kwabena Amanor Anim-Boateng,
Agnes Nyamenaose Essuman and
Davis Festo Matari
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Kwabena Amanor Anim-Boateng: School of Economics and Management, Yanshan University, Qinhuangdao, 006000 China
Agnes Nyamenaose Essuman: School of Economics and Management, Yanshan University, Qinhuangdao, 006000 China
Davis Festo Matari: School of Economics and Management, Yanshan University, Qinhuangdao, 006000 China
International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 4, 2157-2167
Abstract:
Purpose: The purpose of this study is to examine the potential of disruptive innovation in Ghana’s digital initiative and its impact on the economy. Additionally, the challenges and opportunities associated with implementing disruptive innovation in a developing country like Ghana has been addressed to the public sectorial activities include the health sector, education and industrial sector. Methodology: The research was a review in nature it in volve reading several literature as well as exploration from specific website in volved. Findings and Conclusion: The author’s conclusion is that, given its capacity to transform established industries and spur economic growth, disruptive innovation will be the greatest way to support Ghana’s digital push across the board. Ghana may use technology to develop new business models, increase productivity, and raise the general standard of goods and services by embracing disruptive innovation. This would not only draw in outside capital but also strengthen the hand of regional business owners and build a more inclusive digital economy that benefits all Ghanaians. Disruptive innovation is ultimately what will allow Ghana to realize its greatest potential in the digital era. Recommendations and innovative contributions: The researcher suggested on better government policy formulations and implementation towards supporting the innovation process in all country’s level as the disruptive innovation have brought more benefits in the country compared to the challenges observed. More effort should be given to the adaptation process of new systems and technology for country’s development. The study have come out with combined solutions from different researcher on how the government can enhance the innovation towards digital transformations. The researchers has further highlighted on exploring more in future research on other digital areas applied in Ghana to have broad knowledge on how the innovation can impact and enhance development.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:8:y:2024:i:4:p:2157-2167
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