Innovation for Inclusive Development (IID) Policy Seminars MPhil in Inclusive Innovation

2 OUR JOURNEY. We are on journey towards transformative innovation & change: REIMAGINE systems & solutions KNOW our people & systems DEMONSTRATE & TEST solutions we will question what is and reimagine what can be get behind models and solutions that can transform our world & Learning with and from the people and systems we serve IGNITE & ADVANCE change(makers) inspire and support change(makers) across Africa

3 BERTHA INITIATIVES EDUCATIONHEALTH SCALINGFINANCE

MPhil Clusters Healthcare Education Finance SME EnvironmentCommunity

MPhil learning approach

MPhil Modules 1.Design Thinking for Inclusive Innovation 2.Values-Based Leadership in Business Model Innovation 3.Entrepreneuring in Emerging Markets

Defining Innovation One of the most overused, vague terms of our time? Since Joseph Schumpeter, more than 50 definitions and definitional debates in academic literature Two key features of most innovations: 1.Something new (original, fresh, improved) 2.That creates value (of some kind, for someone/thing) The WHAT of innovation (products, processes etc) The WHY of innovation (the purpose … solving problems and/or realising new possibilities…?) Incremental vs disruptive innovation

Prof Gerard George – on inclusive Innovation 1.Defined as an innovation that benefits ‘the disenfranchised’ 2.Is a process as well as a performance outcome 3.Points to inequalities that might arise in the development and commercialisation of innovation 4.Acknowledges the inequalities that might occur as a result of value creation and capture Some important notes: Includes all forms of innovation: products, services, processes, institutions, business models, supply chains etc Distinguish between process and outcomes – both are important (even if outcomes are not fully realised)

Definitions we have an affinity for on the MPhil Inclusive Innovation: the development and implementation of new ideas which aspire to create opportunities that enhance social and economic well-being George et al, 2011 Social Innovation: A novel solution to a social problem that is more effective, efficient, sustainable, or just, than existing solutions and for which the value created accrues primarily to society as a whole rather than private individuals. Westley & Antadze, 2010

Related Concepts

Meeting 1: Discussion of options & literature Meeting 2: Discussion of research plan Meeting 3: Draft proposal feedback Meeting 4: Fieldwork preparation Meeting 5: Fieldwork discussion & analysis Meeting 6: Draft dissertation feedback Module 1 March 2 – 9 Elevator Presentation (5 mins) Conceptual Proposal (8-10 pages) Ethical Clearance Learning Portfolio (180 hours) Module 2 May 18 – 25 Elevator Presentation (5 mins) Literature Review (20 pages) Supervisor MoU Learning Portfolio (180 hours) Module 3 August 17 – 24 Elevator Presentation (5 mins) Research Proposal (15-20 pages) Learning Portfolio (180 hours) Deliverables Nov 30 – December 5 Prototype Presentation (30 mins) Dissertation ( pages) (900 hours) 19 April Identify supervisor GSB Faculty MPhil Supervisor List UCT Faculty Pilot & Fieldwork Prototype Strategy Implementation and field notes (360 hours) Ethical Clearance 21 July Literature Review 30 Aug Proposal Hand-In Feb 2016 Final Hand-In MPhil Timeline

Appendix

GSB Entrepreneurs Academy UCT GSB Entrepreneurial Support Ecosystem Educational Support Core GSB Educational Programme Online & website Policy & Advocacy Support Government interface Best practice research Culture Support Inspiration Website & videos of success and failure Marketing Competitions Conferences Seminars Interviews Business Plan Approval process & incubator Mentor Support Online & in person Financial Support Partners Specialist funders VC/PE, banks, angels etc Professional Support Partners Accounting Legal Specialists Education Partners Stanford MIT Babson Networking Support Online connected community