Why do innovation ecosystems thrive and where?

30/10/2020
The future of innovation in organisations should involve open models. Organisations must build and expand their ecosystems and establish connections in order to collaborate.

Technology changes very quickly and substantially all aspects of the business, rewriting the rules with customers and competitors.  As a cause, the boundaries between sectors blurs and organisations break down departmental boundaries and become liquid.

Where do we find the most developed innovation ecosystems?

Reducing the cost of access to technology leads to the democratisation of knowledge: this is no longer exclusive to large organisations, but anywhere in the world small teams with a transformative idea or agile teams and execution dynamics can generate change and disrupt the market. We all know the cases of Airbnb in the hotel sector or BlaBlaCar in the transport sector. But this is especially significant if we look at what is happening in Africa where important innovation ecosystems seem to be emerging that are giving rise to interesting disruptive startups in countries such as Ethiopia, Ghana or Rwanda - the new and unexpected African Singapore. The African continent, and specifically Rwanda, followed by Kenya, South Africa, Senegal, Tanzania, Ethiopia, Nigeria, Ghana and the Ivory Coast, have evolved to be some of the most developed ecosystems. Thus, on the international scene, led by the United States (Silicon Valley, New York, Boston, Los Angeles); Europe (London and Stockholm); Asia (Tel Aviv, Shanghai, Tokyo, Seoul, Shenzhen or Hangzhou); this new possibility is joined on the international scene.

Why do these ecosystems stand out?

Technology has eliminated distances between people and organisations as well as geographical advantages, and today it is undoubtedly easier to connect and collaborate with innovative organisations around the world. This has led to a phenomenon whereby companies are changing the way they innovate, moving from a model in which all innovation takes place internally, to a model of open innovation in which they integrate external agents, research centres, universities, suppliers and even competitors. Open innovation stimulates innovative capacity and accelerates knowledge transfer, promoting agility in reaching the market and the competitiveness of organisations.

This business evolution is a consequence of a change in mentality and the understanding of the need to integrate external talent into organisations, especially in the complex and dynamic times that require innovation and agility.

Make your ecosystem stand out

At Zabala, since our creation, we have worked to promote the innovation for our clients and we analyse the opportunities associated with open data processing and digital technologies.  More specifically, we observe that organisations in their innovation processes need to: accelerate innovation, be able to monitor technological trends continuously and in an agile manner, find innovative entities and finance these actions.

We created Kaila, the digital platform that promotes open innovation in organisations, helping them to create and manage their innovation ecosystems at a European level.

Have you registered? Take a look and you will understand how you can make your ecosystem grow. Make it stand out.

Kaila helps you manage your innovation ecosystems. Try Kaila for 1 month without commitment.

 

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