Emerging economies and opportunities for innovation

Emerging economies in regions from Asia and to Latin America present great opportunities as the challenges are great. Everyone is competing in the same market and the opportunity for innovation both incremental and disruptive will trigger a socio-economic tsunami of change. The challenges that entrepreneurs, technologists, NGO, for profit and governments are working to address are in these markets and with key sectors.

• BFSI
• Healthcare
• Education
• Governance
• Retail
• ICT
• Energy

However where everyone seems to have the biggest challenge is in the economics and that is quite apparent in the business models that are emerging and will emerge. In my opinion what is clear is clear is that for these markets;

• Bottom-up
• Micro-everything
• Intermediation
• Social & Community Capital
• Clusters
• Concentric circle footprints

et al will determine the potential success and failures of these opportunities in these markets. For example think of the mobile telephone in India as a mobile single access interface for “transaction services” or the ipod for education or healthcare content and with wifi connectivity and a software application interface to communities for www access with content.

The opportunities are waiting to be leveraged. This is where the Darwinism will play out with Sustainable and Scalable innovation as the foundation for continuity and possibly disruption.