Inclusive innovation means shared development

CATEGORY: Economic Performance and Development
DATE: 7 December 2017
AUTHOR: IOL News

Inclusive innovation, or innovation for inclusive development, no matter how attractive it sounds, entails an implicit form of exclusion. It should therefore make place for a fairer approach that empowers the excluded to share in the mainstream development instead of devising a specific development path with adapted goods and services for them.

The discourse about inclusive development inevitably touches on the notion of pro-poor innovation as one of the most representative sources of inclusive development. The rationale behind innovation for inclusive development is that in spite of impressive technological advances in the global economy, an important share of the world’s population remains excluded from many of the innovations that improve the quality of life.

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