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Scale up innovation spend this pandemic
Thursday December 10 2020
By EDWARD MUNGAI
Summary
Whereas enterprises should adapt to the new normal to ride out the immediate storm, they cannot afford to lose sight of potential future opportunities. And this means a continual process of innovating.
Kenya is ranked the third most innovative economy in sub-Saharan Africa, behind Mauritius and South Africa in the Global Innovation Index 2020.
The country is also considered an innovation outperformer relative to its level of development and when compared to its lower-middle income peers. This is according to the compilers of the annual index Insead (graduate business school in France), Cornell University (Ivy League research institution) and the World Intellectual Property Organisation (Wipo).