Open innovation, critical to economic transformation -EM

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(Last Updated On: 2016-10-16)

The Emerging Media has said that the 2016 Nigeria innovation summit is to create awareness on the need for Open Innovation in Nigeria as a critical step towards achieving economic transformation.

The summit slated to hold on November 3-4, 2016 at Sheraton Hotel, Ikeja, Lagos with the theme: ‘Innovation: A-key Driver of Economic Growth and Sustainable Development’ has also lined up high powered delegations who will do justice to the topic.

The Founder/CEO, Emerging Media, Mr. Kenneth Omeruo, the organiser of the summit said the event is a leading annual programme in Nigeria that focuses on the need for the country, businesses, organisations, entrepreneurs to become more innovative and apply innovation to drive economic growth and sustainable development.

According to him, the summit which is sponsored and supported by the Nigerian Communications Commission, (NCC), OneDokita Healthcare Limited, and Society for Family Health is geared towards helping Nigeria embrace innovation like never before through the use of Emerging Technologies and Trends, Research, Development, Entrepreneurship and Investments as key drivers of an innovation ecosystem.

Omeruo listed NCC’s Executive Vice Chairman and Chief Executive officer (EVC/CEO), Prof Umar Garba Danbatta, Yves Nicolet , Consul General Switzerland in Lagos, Nigeria; Davis Cook, CEO, Research Institute for Innovation and Sustainability(RIIS), South Africa, Dr. Daniel Folukoya, CEO & Founder of OneDokita Healthcare Limited, Dr Tunde Adekola, Senior Education Specialist at World Bank ,Prof Charles Uwadia, Head of Computer Sciences Department, University of Lagos as part of the high-powered delegations headlining this year’s Nigeria Innovation summit.

Other speakers expected at the Summit,  Omeruo said include Prof Wellington Oyibo, Director Innovation and Research Centre, University of Lagos; Lexi Novitske, Principal Investment Officer Singularity Investments; Dr. Victor Odumuyiwa, Lecturer in Computer Science at the University of Lagos; Dr Oyedokun Oyewole, President / Chairman Governing Council, Institute of Information Management (IIM) – Africa; Dr. Mohammed Ndaliman Abubakar, Researcher, Entrepreneur and Lecturer at The Federal Polytechnic, Bida,Niger State; Dr. Bongo Adi, Senior Lecturer, Lagos Business School; Hemant Nitturkar; Project Coordinator, CGIAR Research Program on Roots,

Tubers and Bananas (RTB) at IITA, Ibadan, Nigeria; Dr.Bayero Agabi, President Transatlantic Media Company, publishers/producers of AIT Infotech Network and host of others.

He said the event is to challenge Nigeria to leverage Innovation and become competitive and join other countries that are using innovation to drive their economies.

The summit, through the Nigeria Innovation Awards promotes leading innovations from Nigeria and recognizes innovators who are pacesetters.

Omeruo said that inability of Government at different levels to really embrace and leverage ICTs despite Nigeria’s present economic situation informed the summit.

He said “For ways to overcome the impending unemployment and economic recession engulfing the country, there is urgent need to explore non-oil sectors towards achieving sustainable development in Nigeria. Therefore, Technology innovation, Research and Entrepreneurship are key elements we need to embrace and time is really running out!

“These are some of the reasons we are putting our passion and investment working on a pan-Nigerian Innovation Summit. We are partnering with the world’s leading innovation providers from academia, government and industry to connect Nigerian businesses and

Innovators to global innovation ecosystems; no doubt, this will help Nigeria embrace innovation and move in the direction of digital transformation through the use of Emerging Technologies and Trends, Research, Development, Commercialization, Entrepreneurship and Investments as the key drivers of an innovation ecosystem and sustainable development.

“There is no better time to promote innovation in Nigeria than now. Unfortunately, in the latest Global Innovation Index which ranks the innovation performance of 128 countries and economies around the world, based on 82 indicators, Nigeria appeared on that index as a country far

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away from innovation because Nigeria does not invest in Innovation”.

Omeruo said that innovation for any country or people does not come by mere wishing it, rather driven by huge investments in research and development, promoting greater entrepreneurship spirit. These are the bedrocks on which prosperous economies are built.

This year’s Summit will focus on issues related to Telecommunication and mobile innovations; Health innovations; Research and innovation in higher education; Agric innovation and startup/entrepreneurship innovation.

He said the summit will also showcase a group of engineering students from the University of Lagos, (UNILAG) who  designed a zero emission car.

 

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