ADVERTISEMENT
TechEconomy
Friday, May 9, 2025
No Result
View All Result
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Can Innovation Thrive in a Country Without Good Leaders?

Can Innovation Thrive in a Country Without Good Leaders?

Joan Aimuengheuwa by Joan Aimuengheuwa
October 24, 2022
in ConsumerTech
6

RelatedPosts

Samsung Real QLEDs

Why Samsung’s Real QLEDs Are the Gold Standard and Why You Should Choose Them

May 9, 2025

TECNO CAMON 40 Premier 5G: Power Meets Precision with MediaTek Dimensity 8350

May 8, 2025
  • When leaders of a country do not have the vision and determination to foster innovation, everything will be at the mercy of anyone taking over the job
  • It might happen, but then it would be hard to give innovation a chance to succeed even if technology or resources are there right out of the box
  • If a country fails to focus on growth, it will end up throttled at its source: No investment in innovation can create value as well as productivity and efficiency
  • Innovation seems to have gotten to a commendable rate and most countries, both developed and developing, are getting a hang of it, with some doing better than others.

    Looking at it from this perspective: what if the leaders of a country didn’t have the power to lead? Or what if they just weren’t focused on making innovation thrive? How would a country without leaders prosper?

    There is only one reliable way to run a country. This is by empowering the leaders, who are ready to go the extra mile for their citizens and creating an atmosphere for innovation to thrive.

    A country without 21st Century leaders is just another country.

    “If there are no leaders in a country then who will choose who does the job?” -Tiffany

    Imagine a leaderless country; it would be in turmoil with its people feuding for power. Would it have an economy? Would it have boundaries, or even security?

    Where would Britain be without its leaders? On the moon? No way of knowing.

    Innovation is a change in the way of doing anything, from using technology and scientific discoveries to improve the quality of life. But are we able to grow an innovation? and if so, how long? Well, neither smart people nor innovation can live without good leadership.

    Is innovation still important if the countries in which it thrives don’t have good leaders? It’s a question that we don’t have answers to. But what we do know is that people can make a difference in science and technology.

    Can Innovation Thrive in a Country Without Good Leaders?
    United BANK
    Innovation; Source – Unsplash

    Innovation is a process of creative and systematic change. We have seen a constant rise in innovation around the globe, with many countries emerging as global hubs of innovation. But what happens when there is no leadership to drive innovation towards excellence?

    It is widely perceived that innovation thrives in a country only if the leaders of its society are focused on ensuring its continuous growth. In other words, the single element most widely accepted as being crucial to the success of an economy is its leader.

    Innovation takes a lot of time, money and patience. Leaders have to be focused and constantly encouraging the innovation process. But is the population of a country like Nigeria, good enough to foster innovation on its own?

    This article provides insights into how public policy and leadership can help create a climate where innovation thrives.

    When I was younger and hadn’t yet figured out that some stuff just doesn’t scale, I assumed that all innovation has a long tail. If a good idea is put in front of the right people and they can see the benefit, then there will be more and more followers—naturally creating an ongoing multiplier effect. This is the basic theory of exponential growth: If you increase X by 1%, then it will double in Y days, which increases by another 1%, doubling again after Z days. The numbers really get big very fast until… nothing else increments at all anymore.

    United BANK

    When leaders of a country do not have the vision and determination to foster innovation, everything will be at the mercy of anyone taking over the job. The impact of innovation may fade off eventually if the job is not maintained by capable people in the future.

    Good leadership doesn’t just support a country’s economy and people, it also ensures the continuous growth of innovation. If leaders aren’t taking the lead or being pushed, who will?

    Leaders of a country must always keep innovation at the top of their list of priorities. Otherwise, will innovation thrive in a country without good leaders? It might happen, but then it would be hard to give innovation a chance to succeed even if technology or resources are there right out of the box.

    As leaders of a country, we need to encourage innovation and keep our citizens engaged in working for it. We need to make sure that people are empowered and that their lives will change for the better as a result of their involvement in creating innovation in their country.

    In Nigeria, we have the likes of National Information Technology Development Agency (NITDA) and others, focused on this.

    https://techeconomy.ng/2022/08/were-committed-to-supporting-nigerian-young-innovators-dg-nitda/

    Can innovation thrive in a country without good leaders? The question is not so irrelevant. If the leaders of a country are not focused on ensuring the continuous growth of innovation, can just the smart population make innovation scale? How long before the impact of innovation fades off?

    We can innovate in any country, but the only reason is the national leaders. If their vision and ambition are inline with that of a nation’s needs and aspirations, then it is possible to promote innovation. But on the other hand if a country fails to focus on growth, it will end up throttled at its source: No investment in innovation can create value as well as productivity and efficiency.

    According to a number of scholars, the impact of innovation on institutions and the economy is short-lived. For example, in the case of 19th century Britain, innovation may have triggered growth in certain industries and had a lasting effect on their workers’ skills. However, over time, these innovations faded from memory as more productive innovations came along. A new paper by researchers at Princeton University attempts to get at what factors lead to long-term growth in innovation.

    You need to know where to find a good leader. Once you’ve found him, you need to make sure he has the capabilities and skills he needs to keep innovation running. Only then can you rely on the people in your workforce who are smart enough to invent new inventions.

    Also from country perspective, why should anyone be concerned as Nigeria goes to the poll in 2023? President Muhammadu Buhari has just signed the Nigeria Startups Bill into law which is a welcome development. 

    The (Bill) Act has 11 chapters, and all of them have been crafted to provide the enabling environment for startups to be very successful. You can read more about the top 10 components of the Bill, now an Act, here. 

    We have seen some policies and regulatory instruments from the present government in Nigeria geared towards deepening or supporting innovations. However, we all know that the implementation of this Act will depend solely on who is elected the next President of Nigeria in 2023.

    So, Nigerians should start asking critical questions, especially to those vying to become President, and/or State Governors. This is not the time to sit on the fence. 

    Loading

    Author

    • Joan Aimuengheuwa
      Joan Aimuengheuwa

      Joan thrives at helping individuals and businesses scale via storytelling...

      View all posts
    0Shares
Tags: 2023 electionCan Innovation Thrive in a Country Without Good Leaders?Good LeadersinnovationNigeria Startup Bill
Previous Post

Mobile Transfers by Bank Customers Hit N12.8tr in 9 months – Report

Next Post

Tourism and Technology Summit Africa Returns

Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Related Posts

Samsung Real QLEDs
Gadgets and Appliances

Why Samsung’s Real QLEDs Are the Gold Standard and Why You Should Choose Them

by Techeconomy
May 9, 2025
0

A QLED TV is a type of TV that uses Quantum Dot technology to deliver better picture quality than regular...

Read more
TECNO CAMON 40 Premier 5G | Price in Nigeria

TECNO CAMON 40 Premier 5G: Power Meets Precision with MediaTek Dimensity 8350

May 8, 2025
TECNO CAMON 40 PREMIER 5G PHOTO

TECNO Champions a New Era of AI Imaging and Peak Performance with the Launch of CAMON 40 Premier 5G

May 8, 2025
AI Max for Search Campaigns

Google Introduces New AI Max for Search Campaign

May 8, 2025
NSO Group Ordered to Pay Over $167 Million to WhatsApp

NSO Group Ordered to Pay Over $167 Million to WhatsApp After Spyware Scandal

May 7, 2025
Microsoft Launches Cheaper Copilot+ Laptops to Expand AI PC Access

Microsoft Launches Cheaper Copilot+ Laptops to Expand AI PC Access

May 6, 2025
Next Post

Tourism and Technology Summit Africa Returns

Comments 6

  1. Pingback: Can Innovation Thrive in a Country Without Good Leaders? - TechEconomy.ng
  2. Pingback: Can Innovation Thrive in a Country Without Good Leaders? - TechEconomy.ng
  3. Pingback: Can Innovation Thrive in a Country Without Good Leaders? – TechEconomy.ng – Funky Zion
  4. Pingback: Can Innovation Thrive in a Country Without Good Leaders? – TechEconomy.ng – Funky Zion
  5. Pingback: Can Innovation Thrive in a Country Without Good Leaders? - TechEconomy.ng » Autonewsn
  6. Pingback: Can Innovation Thrive in a Country Without Good Leaders? - TechEconomy.ng » Autonewsn

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
uba

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.