Universities play key role creating digital skills, driving economic growth in innovation clusters
By Nitin Dahad
The good thing about the many emerging innovation and tech clusters around the world today is that the internet has created awareness of what works and what doesn’t in the creation of regional and local ecosystems capable of nurturing successful high-growth tech companies from nothing. In the last few weeks, I’ve been in Cairo, Boston and London, and seen the same questions being debated, obviously to different levels. The fact is, wherever you sit in the world, you can learn from others successes and failings, identify your own ecosystems’ strengths and weaknesses, and then create local solutions to create a thriving environment for economic growth.
This is exactly what happened at the local gathering of the great and the good of London’s tech ecosystem this week, run by Tech London Advocates at the Bloomberg headquarters in the UK. Digital skills and employability of graduates were two of the key issues that the collective said are a hindrance in enabling growth and scalability of the UK’s tech companies. As one headline from the press coverage of the event says, ‘Tech London Advocates tells universities to buck up their ideas’. At a fundamental level, the consensus at the event suggested unanimously that children at schools need to be inspired to learn digital skills as well as learn coding. At the next level, it felt universities were out of touch with their local ecosystems in terms of digital employability. Full story here.
Tulip Fields - popular with tourists
Chief innovation officers show how to innovate by harnessing greater insights from the crowd
By: Nitin Dahad
‘Innovation’ has become an all too common word, with almost everyone in the business world using it to develop a process to develop and transform new ideas into improved business processes, technologies, or services. In the modern economy, innovation has become a key success factor for corporations, large and small. ‘Innovation’ departments have been introduced to hit the ground running with new ideas and bring them to market to give companies a competitive edge in the market. Technology has been pivotal for allowing organizations to develop new products quicker and to think outside of the box in ways not possible a few years ago. More here
Emerging Indian tech parks show how places are creating ‘Silicon Valley’ like ecosystems
By: Nitin Dahad
When I first started working in the technology sector in 1985, the ‘Mecca’ for the electronics industry was Silicon Valley in the USA – if you were a new graduate in tech, you would aspire to either working in Silicon Valley, or work for one of the big tech companies that had headquarters or offices in Silicon Valley. There were many reasons for this, but one of the biggest ones was that the greater opportunities to be successful would be in the Bay Area – and also because electronic and software engineers in Silicon Valley were much better valued than most other places in the world, including the UK. Full story here
Global Innovation Week: why creating Silicon-Valley like ecosystems is still an ambition
By: Nitin Dahad
Creating and nurturing innovation ecosystems and people who can create companies that create jobs and growth is a major ambition for many governments and development agencies around the world. What started many years ago in some countries as ‘we want to be like Silicon Valley’ has now become an international passion, with several cities around the world having created their own recipe for success (London, Berlin, Tel Aviv, New York, to name but a few). Read more