Stanley- Week _ Scarcity-induced innovations

Stanley- Week _ Scarcity-induced innovations -...

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Scarcity-Induced Innovations Incorporating Technology In Developmental Process Stanley Mutinda
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Task 1. Discussion on Scarcities and Developmental Process 2. Distinction between developed and developing countries in terms innovation environments 3. Policy implications of scarcity-Induced innovations
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Outline 1. Scarcity Conditions 2. Scarcity-Induced Innovations 3. Innovations and Developmental Processes 4. Scarcity Environments Distinction 5. Policy Implications
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Scarcity Conditions Quantitative and qualitative factors in comparative terms 1. Infrastructure Missing or not up to date 2. Materials and equipment Required quality or accuracy 3. Institutional support Building of endogenous capacities 4. Skills Appropriate skills to run projects or discuss ideas, 5. Finances To rely on well-known solutions
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Scarcity-Induced Innovations Innovations under scarcity conditions They emerge from; 1. Cognitive: Unable to understand conical innovations Need to address the problem differently.
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