# Entrepreneur Innovation Program: Boosting Green Technology

- Link: https://greenlivingguy.com/2016/06/entrepreneur-innovation-program-boosting-green-technology/
- Published: 2016-06-09T00:27:05-04:00
- Author: greenlivingguy

## **_Implications for Public Program Design_**

How can networks help green technology entrepreneurs innovate. What about scale 
up and in developing countries? Also, how can we design public sector programs so
that entrepreneurs can more easily make these connections?

### World Bank Climate Technology Program 

The World Bank Group’s Climate Technology Program reviewed recent literature and
14 case studies of public programs. [Green entrepreneur innovation](https://greenlivingguy.com/2011/09/zinco-usa-leaders-in-green-roof-innovation/)
programs aimed to support green technology entrepreneurs.

[⌊Entrepreneur innovation green program world bank ⌉⌊Entrepreneur innovation green
program world bank ⌉[

### Entrepreneur Innovation Program

They placed the entrepreneur at the center of the innovation process.They sought
to cement [peer-to-peer connections](https://greenlivingguy.com/2011/05/welcome-to-leadership-rewired-australia/)
at the local level. That means by establishing networks of entrepreneur innovation
programs. For they helped entrepreneurs connect to supranational networks. Moreover
technology brokering platforms which are essentially at the global level.

#### Traditional Invention Based Program

Under the traditional invention-based approach to innovation. For these enterprises
invest heavily in research and development (R&D). Especially to become the first
to develop and also commercialize new ideas. However, this approach is particularly
challenging in developing countries. Most likely given the high costs and also the
weak intellectual property protection.

#### Green Innovation Strategy

An innovation strategy based on technology absorption. In addition, the adaptation
of existing business models may offer a less capital- and time-intensive pathway.
Most likely to assist green firms grow where we need them: in developing countries.

This **“open innovation” model** is driven by social networks of entrepreneurs. 
More interestingly, it’s at both local and global levels. The model also builds 
connections with stakeholders in the innovation process. For example, firms, financiers,
and potential clients. Most notably with the goal of developing products or services
that are directly attuned to market demand.

Finally, to learn more about the “open innovation” model and review the 14 case 
studies, read “Connecting Green Technology Entrepreneurs: Implications for Public
Program Design.”

**_Source: World Bank Group, 30 May 2016_**