[kictanet] Standing on the shoulders of giants
Betty Mwangi
bmwangi1 at Safaricom.co.ke
Thu Jan 13 08:46:55 EAT 2011
Thanks Edith
You raise very valid points as regards how Safaricom can step into this space and actively contribute to assisting local innovators to bring their ideas to fruition profitably for them as well.
At Safaricom we are closely looking into a process to manage this and shall shortly be sharing.
Rgds
Betty
Chief officer - New Products & services
Safaricom ltd
Sent from my iPad
On Jan 12, 2011, at 12:13 PM, "Edith Adera" <eadera at idrc.or.ke> wrote:
> Great thread Muthoniâ¦you have touched the core of the problem stifling innovation in this country. What can be done differently to turn the 4 brilliant Kenyans into an army of 1 million innovators?
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> I recall the regional innovation exhibitions that Kevit et al used to host annually, Iâm reliably informed that a database of over 1,000 innovators with cutting edge ideas is just lying idleâ¦why not mobilize this group of a thousand brilliant minds to transform our space?
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> Edith
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> From: kictanet-bounces+eadera=idrc.or.ke at lists.kictanet.or.ke [mailto:kictanet-bounces+eadera=idrc.or.ke at lists.kictanet.or.ke] On Behalf Of Dorcas Muthoni
> Sent: Wednesday, January 12, 2011 11:50 AM
> To: Edith Adera
> Cc: KICTAnet ICT Policy Discussions
> Subject: [kictanet] Standing on the shoulders of giants
>
>
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> Sir Isaac Newton was an English physicist, mathematician, astronomer, alchemist, inventor and natural philosopher. He is often regarded as the most influential scientist in history and is most famous for discovering the Laws of Gravity.
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> He is quoted as having said âIf I have seen further it is only by standing on the shoulders of giants.â
> I have heard many enterprising developers say that they have interest working with Safaricom and other industry leaders to expand their innovations to a wider market. One huge setback facing such developers is when the giant attempts to step on the poor developers by slaming them with âbig-boyâ revenue-share agreements.
> Why is revenue share is so inhibitive in our market? Currently if you partner with Safaricom, they will take about 60% of revenues (i stand to be corrected as i have not signed up with them yet).
> Elsewhere in the world, like in Japan, 70% goes to the developer. Nokia is also helping local developers market their apps globally, Nokia takes 30% and pays out 70% to the developer.
> I would be happy to hear more from Safaricom on this.
> How can Safaricom encourage us to test our innovations in this market as you have done so well with M-PESA before exporting it to other countries?
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> Muthoni
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> On Tue, Jan 11, 2011 at 1:11 PM, Matunda Nyanchama <mnyanchama at aganoconsulting.com> wrote:
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> Congratulations are in order for these young girls in the above story; kudos.
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> My reading is that there are many such stories and potential successes that could happen. This was reinforced when I saw presentations at the most recent AITEC event in Nairobi. We just need the right environment and our tech sector will take off to even higher heights than the present trend suggests.
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> Couple of things that could help:
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> Protection of Intellectual Property: I marveled at the ease with which those at the conference shared their creations and even creations that were on the drawing board! Question: how do they know who the prying eyes are in the public event? And prying eyes with deeper pockets and better knowledge of the business of IT?
> Risk Capital: Silicon Valley wouldn't have been without risk capital? RIM (that produces the blackberry), one of the most successful Canadian tech creations, would not have happened without risk capital. For the longest time, the latter depended on government grants, which allowed them to go thru' teething stages! In Kenya, we may not have the kind money Canada has thrown into R&D in form of grants. However, we can have a variation of this. One possibility I have shared with friends relates to incentives, i.e. tax credits, R&D Levy Fund from which companies can get back some of the money invested in R&D, and even some form of "insurance" where risk capital would be compensated at a given % should a venture not materialize!
> Active scouting of ideas for development in science fairs, tech conferences, etc and investing in those that offer promise.
> Ukiona vyalea vimeundua or words to that effect from the wisdom of the old.Development cannot be left to chance. It reminds of a science project we did in high school: powering a radio using stored energy in a wind up spring! We got good marks; and off we went later to university, forgot about it and lo! years later, someone was selling wind up radios in rural Africa!
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> Shukrani.
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> ----------------------------------------------------------------------------------------------
> Matunda Nyanchama, mnyanchama at aganoconsulting.com
> Agano Consulting Inc.; www.aganoconsulting.com
> ----------------------------------------------------------------------------------------------
> âIf you have an apple and I have an apple and we exchange these apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas.â - George Bernard Shaw
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> Muthoni
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> --------------------------------------------
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