Guiding Ideas from Mind to Market : Learning from infoDev's Mobile Microwork Innovation Competition
The Information for Development Program's (InfoDev) "From Mind to Market" approach was designed to bridge early-stage innovation support gaps and guide promising ideas on toward minimum viable products, ultimately turning them into s...
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/01/18807162/guiding-ideas-mind-market-learning-infodevs-mobile-microwork-innovation-competition http://hdl.handle.net/10986/17605 |
| Summary: | The Information for Development
Program's (InfoDev) "From Mind to Market"
approach was designed to bridge early-stage innovation
support gaps and guide promising ideas on toward minimum
viable products, ultimately turning them into sustainable
businesses. The approach aims to source ideas from a large
talent pool and spur the best innovators to turn their
innovations into sustainable, growth-oriented start-ups. The
primary goal is start-up creation. Secondary goals include
the generation of pools of ideas and prototypes, the
creation of basic topical knowledge for a large group of
innovators, and broader awareness-raising around a new
topic, as well as partnership and capacity-building for
implementation partners. This report summarizes the
approach, which is based on four steps: 1) the
identification of a novel topic with market potential and
high potential for international development; 2) the
implementation of a broad based collaborative, open
innovation competition; 3) the implementation of an activity
that forges minimum viable products through face-to-face
support at sites across the globe; and 4) the follow-up with
a program of incubation and acceleration for the best and
most committed innovators. |
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