Open innovation programs enable governments to tap into the expertise and creativity of external stakeholders, including citizens, businesses, academia, and non-profit organizations. By leveraging these collaborative efforts, governments can address complex challenges, reduce costs, and develop user-centric public services. This article explores various open innovation strategies, highlighting successful case studies that demonstrate the transformative potential of such initiatives.
As fintech solutions accelerate digital transformation in the banking sector, banks and financial services providers need to constantly innovate. The banking sector can greatly benefit from open innovation by leveraging the expertise, creativity, and technological advancements of external stakeholders such as fintech startups, technology companies, academia, and even customers.
ICC is an innovation challenge that aims at promoting cultural fluency among students and introducing them to the multifaceted challenges that startups face, especially in developing countries.
“FEKRETEK” was the name given to the program that invited Egyptian women to submit their ideas for evaluation, and three winners would be supported financially by Vodafone to fund their project. Using Untap, Vodafone launched Egypt’s Women empowerment platform, FEKRETEK, on March 8th.
P&G has always been a hardcore believer in the power of innovation.
The theme they constantly follow to bring new products to life is “Bringing the Best of Outside-In and Inside-Out”.
As the leading initiative in MENA for learning programming languages in Arabic, the One Million Arab Coders initiative – a Dubai Future Foundation project – needed to use their vast network of coders to act in a very short time frame and come up with tech-based solutions for the Arab world to lessen the challenges caused by COVID-19.
