As Chief Technology Officer of the United States, Aneesh Chopra sees exciting entrepreneurial opportunities in healthcare innovation. Chopra discusses how moving the American healthcare system to focus on value over volume opens the door to new businesses, while also improving patient care. He also explains why current legislation now provides greater incentives for investors to participate in these emerging markets.
The importance of new markets to growth can’t be overstated. But emerged, emerging and frontier markets are not just about growth. They are a perfect opportunity to extend our innovation capabilities. IM takes a look at the lessons of India as a product frontier.
Technology Entrepreneurship (TE) offers unique development opportunities for societies to educate and grow local talent, build diversity and long term economic health. GATE –Global Accelerators of Technology Entrepreneurship – is an initiative to support TE in emerging economies by leveraging the entrepreneurial ecosystems and international networks centered at US research universities.
How do you develop high-tech products for people living in slums? How do you go about testing them in a safe way? How can you design a product and business model that such users can actually pay for? These are some of the challenges facing innovation managers in companies addressing the UN Millennium Development Goals and the ‘Base of the Pyramid’ market.
Existing technologies, such as telecommunications, are often designed for the developed world. But an innovative focus is also urgently needed to address issues in developing countries. This is something that the Royal Institute of Technology, KTH, has acted upon and is sending students to Africa with the purpose to identify needs and develop innovative solutions. Read more in this interview with Professor Margareta Norell Bergendahl.