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Inspiration, Ideation and Implementation: How Design Thinking Can Build Robust and Sustainable mHealth Ventures
Design thinking can help mHealth ventures develop their value propositions and potential impacts, meet customer needs, and shape business models that stand the test of time. In the final post in his series on making mHealth businesses sustainable, Khanjan Mehta provides a structured framework that helps these enterprises determine their viability, particularly in the early conceptualization phase.
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- Entrepreneurship, Health Care, Technology
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Internalizing Innovation: It’s About Creating a Culture, Not a Product
Innovation holds the key to expanding financial health for low- and moderate-income households—but how can organizations foster a culture of innovation, rather than treating it as a one-off event or a process fix? MetLife Foundation and UNCDF are launching two new innovation hubs in China and Malaysia that aim to promote this cultural shift. Krishna Thacker and Jaspreet Singh discuss the program's unique approach.
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- Education, Entrepreneurship, Finance
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Hardware Innovation is … Hard: How These Entrepreneurs Overcame the Challenges
Compared with the creators of app-based products, hardware-focused innovators face a much more difficult and expensive journey, says Villgro CTO Arun Venkatesan. The resources and time required to perfect hardware iterations are larger, the lack of a mature ecosystem is a problem, and the buyer is often distinctly different from the user or beneficiary. Venkatesan profiles four hardware innovators in agriculture and health care, discussing how they worked through these obstacles.
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- Agriculture, Health Care, Investing, Technology
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For Solar Irrigation to Grow, the Pump Needs to be Innovative – So Does the Warranty
Helen Davies at Futurepump writes that the startup has developed a cost-effective, solar-based pump to irrigate crops that is simple to use and maintain, and designed specifically with small rural farms in mind. The firm has already sold 4,000 units and is distributing in 11 African and Asian countries. But beyond the technology, an equally important innovation is the company's five-year warranty on the product, which Davies says is an industry first. She makes the case that solar device makers operating in low-income markets need to stand behind their products with warrantees and service, if customers are going to trust the technology and the manufacturers.
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- Agriculture, Energy, Technology
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Press release: MIT’s Inclusive Innovation Challenge awards over $1 million to organizations harnessing technology to create greater economic opportunity for workers
The MIT Initiative on the Digital Economy has awarded over $1 million in prize money in its second annual MIT Inclusive Innovation Challenge (IIC) in recognition and celebration of for-profit and non-profit organizations using technology to improve economic opportunity for base- and middle-level income earners.
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- Technology
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LAST CHANCE to Get a Free Chapter of Ross Baird’s New Book, ‘The Innovation Blind Spot’ – Oct. 31 Deadline
Village Capital president Ross Baird's first book, "The Innovation Blind Spot: Why We Back the Wrong Ideas―and What to Do About It" highlights a startling reality: While a handful of big companies are experiencing unprecedented success, entrepreneurial activity is near a 30-year low in the U.S. Meanwhile, investors are chasing the newest hit app, and ignoring grave and worsening challenges affecting billions of low-income people. We're giving away a free chapter from the book to subscribers of NextBillion Notes, our weekly e-newsletter, during the month of October.
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- Investing, NextBillion Originals
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Cities Need To Transition To Circular Economies: Google Wants To Help
The company has made strides in making its own operations and buildings focus on reuse and recycling–now it wants to apply the lessons it has learned to urban environments.
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- Energy, Environment, Technology
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Silicon Valley and governments have to play nice if we want to save the world
Traditionally positioned as opponents at opposite ends of the ring—the private sector wanting to make a profit, the public sector wanting to make a difference—UNGA treated both as equals and encouraged them to shake hands instead of throw punches. True, lasting, global change isn’t the responsibility of either party alone, but to move forward, they’re going to have to find some middle ground.
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- Technology
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