Talking Indonesia: Private Sector Innovation
Major social and technological innovation is expected to be required if countries are to meet development challenges into the future. But government initiatives have typically had limited success in driving the transformative change required. Recent years have seen the private sector increasingly stepping in and financing startups to meet societal challenges, while also generating business profits.
What spurs private sector companies to innovate in ways that cater to lower-income customers, what forms do these innovations take, and how have governments responded to such innovation?
Talking Indonesia podcast host Dr. Dave McRae chats with Professor Michiko Iizuka from the National Graduate Research Institute for Policy Studies (GRIPS). Professor Iizuka recently co-authored a three-country study (with Gerald Hane) on disruptive and inclusive innovation, which included Indonesia as one of its case studies.
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