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6. Exploring local ecosystems for investment and entrepreneurship

November 13, 2020

6. Exploring local ecosystems for investment and entrepreneurship

Exploring the state of entrepreneurship at the local level and the readiness for digital health innovation on the ground is central.

While in some countries digital innovation is flourishing and encouraged by the public sector, in other settings, there is limited understanding of how digital health solutions can contribute to strengthening systems and patient outcomes. As a consequence, digital services may not be seen as viable business models for the health sector, which is often exclusively associated with investment in physical health infrastructure, equipment and human resources. Moreover, where there is a proliferation of isolated innovative digital solutions (‘pilotitis’), choosing the most effective and scalable digital health interventions can remain a challenge when technical and business knowledge are limited. Exploring the state of entrepreneurship at the local level and the readiness for digital health innovation on the ground is thus central.

To ensure the financial sustainability aspect and the future possibility of scaling an innovative solution, funding considerations should also take place early on, by engaging with government stakeholders and other types of investors.

 

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