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In a World Bank podcast, Nneka Eze, Partner and Lagos Office Director, discusses a recent project Dalberg worked on with the Office of the Vice-President of Nigeria to understand the state of innovation in the country, and the potential of innovation hubs. From analysis of global innovation hubs, Nneka explains that there are seven different types of innovation hubs – ranging from science and technology parks, to accelerators, and research centres – and four guiding principles that differentiate successful hubs.
When looking at Nigeria specifically, Nneka explains that while innovation hubs should play a critical role in building the innovation ecosystem, significant gaps still exist around infrastructure, policy, and financing. These gaps must be addressed to unlock the full potential of entrepreneurs and innovators in the country.