Fostering innovation in low- and middle-income countries through challenge funds and prizes : Lessons for development co-operation

Benjamin, Kumpf ... [et al]

For centuries, governments in high-income countries have offered financial incentives to external parties for innovative solutions to complex problems. However, open innovation mechanisms like challenge funds and prizes have been less prevalent in low-income countries. This working paper explores the effects of such mechanisms on innovation ecosystems and how challenge funds and prizes have contributed to building dynamic capabilities in public sector entities.

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Year of publication:	2024
Authors:	Kumpf, Benjamin
Other Persons:	Zavarella, Avilia (contributor) ; Chis, Teodora (contributor) ; Nothstine, Kathy (contributor)
Publisher:	Paris : OECD Publishing
Subject:	Innovation \| Anreiz \| Incentives \| Innovationsmanagement \| Innovation management \| Technologiepolitik \| Technology policy \| Entwicklungsländer \| Developing countries \| Schwellenländer \| Emerging economies

Extent:	1 Online-Ressource (47 p.) 21 x 28cm.
Series:	OECD Development Co-operation Working Papers ; no.116
Type of publication:	Book / Working Paper
Language:	English
Other identifiers:	10.1787/86713366-en [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10015081807