Co-Organizer: Sechaba Bareetseng (CSIR South Africa)

A common assumption is that developing countries should rely on advanced technology from industrialized nations to address their SDG challenges. However, this perspective overlooks the inherent complexities faced by these countries in acquiring and implementing such technology. The financial burden associated with cutting-edge solutions often casts doubt on their viability as sustainable business cases rather than charitable endeavors.

Yet, hidden within the fabric of developing nations lies a wellspring of indigenous innovation. Communities, both rural and urban, have ingeniously crafted solutions to their unique local problems. From sustainable agriculture practices to distributed energy solutions, these homegrown ideas hold immense promise.

Imagine a world where these local innovations are not only protected but also marketed globally. By doing so, we can simultaneously tackle global challenges while creating income streams for economically disadvantaged regions. This synergy between local expertise and a global network is precisely where WAITRO finds its purpose. As an organization, WAITRO stands at the crossroads of innovation, poised to make the traditional pipeline of innovation flow in both directions. Our mission? To amplify the impact of developing countries’ ingenuity, propelling it outward to benefit the world at large.

Together, let us embrace the power of local solutions, recognizing that true progress lies in collaboration, inclusivity, and the celebration of diverse perspectives. Join us on this remarkable journey. The Global Innovation Family can turn ideas into action, and impact into legacy.

Goals:

• Develop strategies for WAITRO and its global RTO network to enable indigenous societies to build wealth from their innovations
• Help innovative leaders learn from the experiences of their peers across continents and around the world.

Sub-Session 1

• Introductory Presentation

Title: Setting the scene in terms of WAITRO’s strategic objectives

• Changeover
• Panel Discussion

Sub-Session 2

• Introductory presentation“commercial aspects of technology development”
• Case study