Competition aims to stimulate innovative entrepreneurial concepts

The Step-Up Technology Innovation Competition aims to secure several innovative ideas, processes, technologies and products, which will then be incubated and developed for commercial application, and will run until the end of September this year, says development support organisation Technology Innovation Agency (TIA) COO Mkhululi Mazibuko. The competition aims to gather ideas, entrepreneurs, inventions and innovations in the chemicals, health and biotechnology, mining and manufacturing, information and communications technology, food and agriculture, and energy and green environment industries.
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First bio-innovate regional scientific conference

First bio-innovate regional scientific conference kicks off today

This morning the program’s first gathering of its constituent scientific projects started in Addis Ababa. The three-day event was opened by Theresa Sengooba and aims to share the successes and challenges of implementing Bio-Innovate’s activities in the eastern Africa region. Read more

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The Seven Essential Characteristics of Innovative Companies

What makes a company innovative? Innovation is nothing more than a tool that enables companies to achieve unique, strategic goals. It should not simply be a slogan, nor an end unto itself, argues Jeffrey Baumgartner. To be truly innovative, an organization should have seven essential characteristics.
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Female students scoop award for innovative concept at Innovators Summer School

Kampala, 11 August 2012 (ECA) – Two female students from Kyambogo University and Makerere University scooped the Award for the Most Innovative Concept based on their proposed “Blood Grouping Strip” concept. Ms Bagayana Shiellah and Achem Rose conceived and developed the concept during the United Nations Economic Commission for Africa supported Innovators Summer School 2012 held in Kampala from 6-10 August 2012. Read more

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What determines the innovation capability of firm founders?

Innovative start-ups, not start-ups in general, seem to be important drivers of economic growth. However, little is known about what such firms look like. As activities of start-ups are strongly related to firm founders, we investigate this question focusing on the innovation capability of firm founders. We find that the combination of different founder characteristics such as university education (at best a combination of technical and commercial education), prior experience in R&D, and strong motivation to realize own innovative ideas increases the likelihood that a start-up has innovative activities, especially the likelihood of R&D activities, by >40%.

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Why That New Innovation Effort May Not Be Worth It

Publishers note (FSG): Every Leader should read this!

Nowadays, almost every company claims to be innovative, if only to attract top talent, please investors, and strengthen its brand. Some companies are innovative, but many are not. If you are going to lead or be a part of a new initiative, how can you tell if your organization is really committed to supporting that effort? Is the innovation effort only inducing fear, uncertainty, and doubt in the market, or is the company really walking the talk? Or is this just another aspirational flavor of the month? Not understanding the difference could derail your career.
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