11.2a What aid-funded interventions effectively support innovation ecosystems addressing development challenges?
Background
Innovation has contributed to significant strides in development, from agricultural output in the green revolution, to financial inclusion and accessible services with mobile money and pay-as-you-go business models. FCDO researches and invests in cutting edge technology and innovation to test and scale new ideas, approaches, technologies and business models with the potential to accelerate progress on international development.
FCDO works at the forefront of advances in technology and innovation, in partnership with countries, NGOs and the private sector to strengthen the enabling environment for innovation, to build innovation ecosystems and technology capacity, and to grow the evidence-base on the effectiveness of new use cases. Without the right policies, regulation, responsibility and safety frameworks, and inclusive and behavioural design principles, new technologies can also bring disruption, cause harm and exacerbate inequalities. Creating a responsible and inclusive environment for safe technology development, that protects the most vulnerable, including women and girls and people with disabilities, while encouraging innovation to thrive, is a complex challenge faced by governments, especially those in LMICs.
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Topics
Related UKRI funded projects
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The Diffusion of Innovation in Low Income Countries
Technological innovation is a key element of industrialisation and catch-up in developing countries. Since innovation is costly, risky and path-dependent, groundbreaking innovation is highly concentrated in a few rich co...
Funded by: ESRC
Lead research organisation: University of Oxford
Why might this be relevant?
The project specifically focuses on innovation creation, diffusion, and adoption in low-income countries, addressing the development challenges mentioned in the question.
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Unlocking Innovative Potential: Experimentation Fund
Innovation offers huge potential to improve health, better connect people, and make our societies more productive and sustainable. At the same time, it can also fuel inequality. The UK has incredible, diverse talent acro...
Funded by: ESRC
Lead research organisation: NESTA
Why might this be relevant?
While the project focuses on experimentation and inclusivity in innovation processes, it does not directly address aid-funded interventions for innovation ecosystems in developing countries.
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EU SDG Driven Innovation Ecosystems
SDG-Driven Innovation Ecosystems is a practice-based international consortium comprising the Global Steering Group for Impact Investing (GSG) and affiliated National Advisory Boards (NABs) for Impact investing in Israel ...
Funded by: Horizon Europe Guarantee
Lead research organisation: THE GLOBAL STEERING GROUP FOR IMPACT INVESTMENT
Why might this be relevant?
The project focuses on creating innovation ecosystems driven by the SDGs, which aligns with the goal of supporting innovation ecosystems addressing development challenges.