Head of the access2innovation secretariat Jacob Ravn has written a piece on the challenges of getting partnerships to link up for BOP innovation projects in the online leadership magazine Thinkers.
In the article, he sums up a number of pitfalls and challenges that companies face when trying to gain a foothold on developing world markets and lines out possible solutions through partnerships with NGOs, CSOs and researchers and how this can lead to a vital understanding of local markets and customs.
He also touches on how knowledge from a network between partners from different sectors can be beneficial when it comes to developing the right business model, accessing venture capital or donor funding etc.
“Applying a network-driven approach that is essentially facilitating the coupling of otherwise dispersed technologies, resources and network (can) collectively (…) provide the basis for creating innovative sustainable solutions that target the demands in developing countries,” he states.
Thinkers is a quarterly thought leadership magazine with articles, interviews, and thought pieces from the brightest thinkers in the areas of economics and governance; philosophy and literature; science and technology; and management.