WAITRO Summit 2024, Nanjing, P.R.China
November 13 - November 15
WAITRO Summit 2024 will be hosted by Jiangsu Industrial Technology Research Institute, on November 13-15, 2024, in Nanjing, P.R. China
Summit Focus: From Innovation to Impact
There is innovation all around the world, but it does not always achieve impact on sustainability. Innovation is found not only in large industrial economies but also in smaller economies and even in local indigenous communities, often in response to local challenges in wellbeing, environment and social equity. Like a seed needs soil in which to germinate, however, innovation needs a market in which to take root, grow, and realize impact. Multiple surveys of failed technology startups have shown that, in the vast majority of cases, failure was not a fault of the technology but rather an inability to create or connect to a market.
WAITRO’s structure as an association of organizations gives it access to a granularity of insight on local research needs and market conditions that is unavailable to UN organizations at the country level. The WAITRO Summit 2024 will consider how to convert innovations into impact. How can ideas that may reach a natural limit in their local market find opportunities to scale throughout the Global Innovation Family? What can local innovators, separated by distance and cultures, learn from one another?
Just like a grain of dirt in an oyster stimulates the creation of a pearl, a local pain point of need often gives rise to a pearl of innovation. WAITRO is the string that connects such pearls into something of beauty and value. Join us to build it!
The Convergence of Digital and Green Transformations Through digital platforms, we can enhance education, foster inclusivity, and promote economic opportunities, thereby contributing to SDGs related to poverty eradication, quality education, and decent work. From smart cities employing data analytics to enhance urban living to precision agriculture minimizing resource wastage, technology becomes a tool for environmental stewardship.
Enabling Local Solutions, Achieving Global Impact Recent WAITRO events have highlighted the relevance of this focus even at the level of indigenous cultures. For example, last year’s agriculture webinar explored the impact of indigenous knowledge in agriculture on sustainability. All around WAITRO, members are using local resources to solve problems that could be generalizable to solve global challenges. What can they learn from one another?
Incubators, Accelerators, and Entrepreneurship Since the establishment of WAITRO’s Associate Member category, a number of incubators and accelerators have joined the Global Innovation Family. What can different styles of supportive ecosystems rooted in distinct cultures teach and learn from one another? How can they effectively work across borders?
WAITRO Working Groups Working Group kickoff sessions were held at the WAITRO Summit 2022 in Cape Town. The 90-minute workshop sessions were intended to be just the beginning of the Working Group process. We hope the Working Group will become a member-driven force within WAITRO that will increase its impact on SDGs and guide the Secretariat on how best it can help WAITRO members achieve their goals. Regular meetings, either online or in person, will help define their vision.
About Nanjing, China
City name Nanjing (English: Nanjing Pinyin: nán jīng). Also known as Nanking.
City area 6587 square kilometres.
GDP 1,7 trillion Chinese Yuan by 2023 (242 billion US dollars)
Permanent population 9.50 million by 2023
Location Nanjing, the capital of Jiangsu Province, is in the southwestern part of Jiangsu Province and the lower reaches of the Yangtze River. Nanjing has a prominent place in Chinese history and culture, having served as the capital of 12 Chinese dynasties, kingdoms and central governments dating from the 3rd century to 1949. Nanjing is an important city in eastern China, ranked as a top 10 city with a GDP of over 200 billion RMB. It is also a substantial national research and education base, hosting 53 universities, and a comprehensive transportation hub that serves over 30 million air passengers per year. It is one of the megacities in the Yangtze River Delta and an important gateway city for the development of the central and western regions, the first batch of national historical and cultural cities, and a national key scenic tourist city. The civic spirit of Nanjing is “Open and honest, displaying fraternity and liberty, entrepreneurship and innovation”. (Nanjing Foreign Affairs Office)
Nanjing Jiangbei New Area Established in 2015 by the State Council, the Nanjing Jiangbei New Area became the thirteenth state-level new area in Jiangsu province. Since its establishment, the new district has become home to over 300 enterprises, with an output value exceeding RMB 50 billion (US$6.94 billion ), with the overall scale of the life and health industry being close to RMB 100 billion (US$13.88 billion) and a focus on precision medicine. (China Briefing)
Nanjing Jiangbei New Area is also the home of the JITRI and, therefore, the WAITRO Secretariat.