Scaling Innovation Hubs: Impact on Knowledge, Innovation and Entrepreneurial Ecosystems in Tanzania
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Abstract
This study has explored the impact of innovation hubs on knowledge, innovation and entrepreneurial ecosystems. To gain deeper insights, the study adopted an exploratory case study design along a qualitative approach to conduct an empirical investigation. The study reveals a noticeable contribution of the X-Innovation Hub in empowering youths in aspects of knowledge co-creation and transfer, and promotion of diverse innovations. The findings of the study also disclose that the contribution of the innovation hub in transforming innovations into entrepreneurial opportunities is still unsatisfactory. Furthermore, the findings suggest that not all start-ups emanating from the hub are taking off. This is due to various undermining factors such as financial constraints and unfriendly legal frameworks. For X-Innovation Hub to satisfactorily and sustainably contribute to national innovation systems, deliberate efforts must be made, and strategies put in place by different stakeholders such as the government. Particularly, diversification of funding sources to minimise dependence on international development funding agencies and organisations is important.
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