Exploring a Vision for Sustaining Innovation in African Economies
Nam Mokwunye ()
Additional contact information
Nam Mokwunye: Stanford University
Chapter Chapter 1 in Sustaining Innovation, 2012, pp 1-14 from Springer
Abstract There is an opportunity for African countries to capitalize on economic gains made in the telecommunication sector over the last decade and self-imposed pressure to achieve the United Nations Millennium Development Goals (MDGs). Thus far, African leaders have accepted capacity building and infrastructure development as two responsibilities which, when implemented, should accelerate internal and regional economic growth. But to accelerate development and overcome socioeconomic challenges associated with competing in an information-driven, flat economy, leadership in African governments, businesses and research (academic and nonacademic) must adopt a scalable and sustainable technology transfer agenda designed for multihelix innovation. Such an agenda would allow internal and external stakeholders to benefit from the network of productive information, transactions, and human capital that the continent’s telecommunication operators have accumulated over the decade. With multihelix collaboration, these physical networks could become transformative platforms that make it possible to scale economies, increase security and crop yields, promote human rights and civil liberties, improve health service response, multiply transactions and Foreign Direct Investments (FDI), and accelerate intellectual content exports. The convergent telemedia platforms could fuse physical infrastructure with virtual networks, social applications, and human activity to sustainably galvanize innovation, generate opportunities, create value, and change lives. New business models such as pay-as-you-go and residual revenue sharing, which leverage the absence of legacy systems, can facilitate this fusion.
Keywords: Foreign Direct Investment; Civil Society; African Country; Technology Transfer; African Continent (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:innchp:978-1-4614-2077-4_1
Ordering information: This item can be ordered from
Access Statistics for this chapter
More chapters in Innovation, Technology, and Knowledge Management from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().