Skip to main content

KEC Adventures Around the World

Successful approaches to knowledge exchange and commercialisation (KEC).

 Back to blog

Published on July 17, 2020

What do successful approaches to knowledge exchange and commercialisation (KEC) look like in different geographical, social, and political realities? What are the KEC failures and blockers in different places, and what are ways to re-establish the right approach?

Successful innovation ecosystems have their own idiosyncrasies that make them unique. A common paradigm that characterises well-functioning ecosystems is the strong connection between their main constituent pillars: local research, government, industry, and the community. In the UK, this connection is expressed in multiple funding opportunities for innovators, governmental initiatives, including the recently launched Knowledge Exchange Framework, and networks for entrepreneurs.

Ecosystems in emerging economies present similar structures. We see this in Peru, where the National Council for Science and Technology is harvesting the fruits of international connections to stimulate national and regional innovation. We can travel further South to Medellin, Colombia, where engagement with international experts has helped the city create one of the most vibrant innovation ecosystems in Latin America, with new incubators and accelerators. The effects of the initiative in Medellin are visible to all: for example, areas that had been historically relegated as landfill sites have been regenerated into vegetable gardens. The volume and quality of innovations from Latin America have attracted national government attention and, crucially, local and regional capital.

The Middle East offers snapshots of KEC activities for comparison. Here national governments support business initiatives of individual citizens, but the ecosystems face some challenges, including: the limited number of research-intensive institutions and a nascent entrepreneurship support. Raising awareness and promoting innovation management training are important solutions in these economies. Often, Gulf states can secure the funds needed to buoy early-stage products and services, which is a strong driver for building the innovative culture in the region.

Lower and middle-income countries, where innovation ecosystem malaise is often a result of susceptibility to political cycles and leadership turnovers. Those driving innovation in these economies must focus on the following: what can be done and what resources are available now to do it. Successful solutions in such realities tend to include 1) devising funding mechanisms that span election cycles wherever possible, and 2) collaboration with international development assistance bodies. The latter enables local and international experts to work together to develop the ecosystem at low (or no) cost for the local government.

Join my webinar KEC Adventures Around the World. Learn how to leverage the strengths and overcome the weaknesses of your innovation ecosystem, and discover insights for collaborations and partnerships in ecosystems other than your own.

Register for the webinar here.

Twitter

@oxentia

🌐 Are you a scale-up or start-up working on an innovative solution in mobility, logistics, transport, or CO2 capture and storage?

Applications are now open for the @SantanderX Global Challenge | Countdown to Zero.

Apply now👉 https://t.co/mOZ96UvztD

#SantanderXChallenge https://t.co/gSU1Cp9aOu

3 days
@oxentia

🎂 Oxentia turns 5 this month!

Throughout August, our team will be sharing what Oxentia stands for, the team behind the consultancy, and the opportunities we help our clients realise.

This week, our CEO @scleverley kick-starts the series covering our history, vision, and values https://t.co/BAKWVP8Dpp

2 weeks
@SantanderX

RT @SantanderX: If you have a startup or scaleup that offers sustainable mobility, logistics, transport, or CO2 capture and storage solutio…

2 weeks
@SantanderX

RT @SantanderX: Tomorrow we’ll be announcing the winners of the Santander X Global Challenge | Blockchain & Beyond, aimed at the most innov…

1 month
@oxentia

We are very excited to join the competition winners from the Santander X Global Challenge | Blockchain & Beyond. Join us in #Decentraland at 4pm CEST. Hear more about the inspiring innovations these startup and scaleup companies are developing in #blockchain technology. https://t.co/96tCokpEob

1 month
@oxentia

They will also share a prize fund of €120,000, and access the #SantanderX100 global entrepreneurial community. Entries close on 8th September 2022.
Find all the details below.
#SantanderXChallenge

1 month
@oxentia

Winners will get the opportunity to pitch their projects to a panel including representatives of the Formula One Marketing Limited (FOML), and will receive an invitation to Formula 1 Gran Premio de la Ciudad de México 2022, where the awards ceremony will be held.

1 month
@oxentia

The aim is to help advance projects with investment and entrepreneurial support, enabling them to contribute towards lasting social and economic impact for the environment and millions of people around the world.

1 month
@oxentia

The Oxentia Foundation and Banco Santander are delighted to be launching the new Santander X Global Challenge | Countdown to Zero. This exciting new challenge will invite startup and scaleups to pitch their innovative solutions to the sustainability challenges of carbon emissions https://t.co/RL7TmcClXZ

1 month
@oxentia

Everyone is welcome to register for the livestream ceremony, starting at 4pm CEST, with registered attendees in with a chance of receiving free wearables for their metaverse avatars.

Discover all the details: https://t.co/BTOekYMFuY

#SantanderXChallenge

1 month

This website site uses cookies to improve your browsing experience. By continuing to use this site, you are agreeing to our use of cookies. Review our privacy policy.

Accept and close