[Applause]
[Applause] despite recent interest and the positive
despite recent interest and the positive
despite recent interest and the positive news and the recent interest of venture
news and the recent interest of venture
news and the recent interest of venture capitalists and investors of my giant
capitalists and investors of my giant
capitalists and investors of my giant tech startups the crude reality is not
tech startups the crude reality is not
tech startups the crude reality is not merged nowhere it’s a country or a tech
merged nowhere it’s a country or a tech
merged nowhere it’s a country or a tech economy the natural tech startup scene
economy the natural tech startup scene
economy the natural tech startup scene is mostly concentrated in illegals Lagos
is mostly concentrated in illegals Lagos
is mostly concentrated in illegals Lagos is the most populated and
is the most populated and
is the most populated and fastest-growing city on the African
fastest-growing city on the African
fastest-growing city on the African continent is a rising star in the global
continent is a rising star in the global
continent is a rising star in the global star topic ecosystem
star topic ecosystem
star topic ecosystem the city has transformed tremendously in
the city has transformed tremendously in
the city has transformed tremendously in the last four years as reflected in
the last four years as reflected in
the last four years as reflected in skyrocketing smartphone use and
skyrocketing smartphone use and
skyrocketing smartphone use and connectivity these technological
connectivity these technological
connectivity these technological advances resulting from digitalization
advances resulting from digitalization
advances resulting from digitalization from these tech startups have generated
from these tech startups have generated
from these tech startups have generated some benefits and opportunities for the
some benefits and opportunities for the
some benefits and opportunities for the society and equally influencing and
society and equally influencing and
society and equally influencing and changing the ways in which people
changing the ways in which people
changing the ways in which people interact and also the very nature of our
interact and also the very nature of our
interact and also the very nature of our business environment what it hasn’t
business environment what it hasn’t
business environment what it hasn’t improved the technology ecosystem let’s
improved the technology ecosystem let’s
improved the technology ecosystem let’s consider the following
most major start off cities in the world
most major start off cities in the world are majorly sustained by the following
are majorly sustained by the following
are majorly sustained by the following legacy technology businesses and
legacy technology businesses and
legacy technology businesses and universities so we should act at ease
sustaining our Nigerian tech startups
sustaining our Nigerian tech startups again we should ask how many natural
again we should ask how many natural
again we should ask how many natural made commercial software benefited from
made commercial software benefited from
made commercial software benefited from the e-commerce boom
the e-commerce boom
the e-commerce boom or is it hype equally which you ask as
or is it hype equally which you ask as
or is it hype equally which you ask as we know deepika vendors of Technology in
we know deepika vendors of Technology in
we know deepika vendors of Technology in Nigeria the following sectors financial
Nigeria the following sectors financial
Nigeria the following sectors financial government manufacturing oil and gas and
government manufacturing oil and gas and
government manufacturing oil and gas and services are these tech startups
services are these tech startups
services are these tech startups building for this sector
building for this sector
building for this sector we should also ask is Nigeria instead on
we should also ask is Nigeria instead on
we should also ask is Nigeria instead on the proof back 100 innovation index
unfortunately only three African
unfortunately only three African countries made it but what criteria to
countries made it but what criteria to
countries made it but what criteria to be in this in-depth research
be in this in-depth research
be in this in-depth research manufacturing technology companies
manufacturing technology companies
manufacturing technology companies education patent and the three countries
education patent and the three countries
education patent and the three countries we have from Africa Tunisia which is
we have from Africa Tunisia which is
we have from Africa Tunisia which is number 94 South Africa number 99 and
number 94 South Africa number 99 and
number 94 South Africa number 99 and Moroccan hundred again we should ask is
Moroccan hundred again we should ask is
Moroccan hundred again we should ask is Nigel among the top software industry in
Nigel among the top software industry in
Nigel among the top software industry in the world only two countries Egypt and
the world only two countries Egypt and
the world only two countries Egypt and South Africa Joaquin Africa reveler
South Africa Joaquin Africa reveler
South Africa Joaquin Africa reveler relevant in the global software market
relevant in the global software market
relevant in the global software market now the proper software market is a four
now the proper software market is a four
now the proper software market is a four hundred billion market and Africa is
hundred billion market and Africa is
hundred billion market and Africa is contributing around two billion dollars
contributing around two billion dollars
contributing around two billion dollars now John software market is around two
now John software market is around two
now John software market is around two billion in size and the African software
billion in size and the African software
billion in size and the African software market is five period so the question is
market is five period so the question is
market is five period so the question is are tech startup tonight you are really
are tech startup tonight you are really
are tech startup tonight you are really helping the country to become a tech
helping the country to become a tech
helping the country to become a tech country the question is known so will
country the question is known so will
country the question is known so will not talk about why superfast let’s
not talk about why superfast let’s
not talk about why superfast let’s define what is not office in start-up is
define what is not office in start-up is
define what is not office in start-up is an entrepreneurial venture which is
an entrepreneurial venture which is
an entrepreneurial venture which is typically a new image fast green
typically a new image fast green
typically a new image fast green business that aims to meet a marketplace
business that aims to meet a marketplace
business that aims to meet a marketplace meet by developing a viable business
meet by developing a viable business
meet by developing a viable business model around an innovative product
model around an innovative product
model around an innovative product services or platform so it’s all about
services or platform so it’s all about
services or platform so it’s all about high risk in startups have high rates of
high risk in startups have high rates of
high risk in startups have high rates of failure and why do they have this high
failure and why do they have this high
failure and why do they have this high rate of failure simply because of so
rate of failure simply because of so
rate of failure simply because of so many genuine business reasons and
many genuine business reasons and
many genuine business reasons and equally because of his high risk but
equally because of his high risk but
equally because of his high risk but it’s also fired by height and facade
it’s also fired by height and facade
it’s also fired by height and facade unfortunately our young folks who are
unfortunately our young folks who are
unfortunately our young folks who are impressionable and impatient I am
impressionable and impatient I am
impressionable and impatient I am pressing this without enough knowledge
pressing this without enough knowledge
pressing this without enough knowledge insight lack understanding office
insight lack understanding office
insight lack understanding office implication
implication
implication for a poorly educated and
for a poorly educated and
for a poorly educated and poverty-stricken continents like Africa
poverty-stricken continents like Africa
poverty-stricken continents like Africa the following abstract so I’m going to
the following abstract so I’m going to
the following abstract so I’m going to talk news it or into the hype created
talk news it or into the hype created
talk news it or into the hype created instead of wanted to Tony solution or a
instead of wanted to Tony solution or a
instead of wanted to Tony solution or a product into an organized structure in
product into an organized structure in
product into an organized structure in the form of FM intrapreneurship came to
the form of FM intrapreneurship came to
the form of FM intrapreneurship came to be interpreted as starting a company
be interpreted as starting a company
be interpreted as starting a company first and then finding the answer to
first and then finding the answer to
first and then finding the answer to what it is we have to do hence the
what it is we have to do hence the
what it is we have to do hence the global start of failure rate to be at
global start of failure rate to be at
global start of failure rate to be at 95% what it is that we do is that we
95% what it is that we do is that we
95% what it is that we do is that we also conflict terminologies and tales
also conflict terminologies and tales
also conflict terminologies and tales for instance any time we mention
for instance any time we mention
for instance any time we mention technology or startup people think it’s
technology or startup people think it’s
technology or startup people think it’s we are talking the other team so we
we are talking the other team so we
we are talking the other team so we conflict words like technology with
conflict words like technology with
conflict words like technology with startup we misuse terms like technology
startup we misuse terms like technology
startup we misuse terms like technology ecosystem to mean developer community
ecosystem to mean developer community
ecosystem to mean developer community and even platforms colonialism is not
and even platforms colonialism is not
and even platforms colonialism is not helping matters
helping matters
helping matters African needs to understand the
African needs to understand the
African needs to understand the technology terminologies properly
technology terminologies properly
technology terminologies properly bringing clarity to the conversation is
bringing clarity to the conversation is
bringing clarity to the conversation is always fundamental so as to reduce this
always fundamental so as to reduce this
always fundamental so as to reduce this effect we also completely follow in
effect we also completely follow in
effect we also completely follow in terms in all vision and disruption now
terms in all vision and disruption now
terms in all vision and disruption now let me give you some history in 1983
let me give you some history in 1983
let me give you some history in 1983 professor Oliva Robison developed the
professor Oliva Robison developed the
professor Oliva Robison developed the first black Africa commercially produced
first black Africa commercially produced
first black Africa commercially produced line of personal computers and service
line of personal computers and service
line of personal computers and service at the animal State University aesthetic
at the animal State University aesthetic
at the animal State University aesthetic presently inserted a suit under the
presently inserted a suit under the
presently inserted a suit under the keyway uncle an effort described by the
keyway uncle an effort described by the
keyway uncle an effort described by the term head of state illogical Shagari as
term head of state illogical Shagari as
term head of state illogical Shagari as placing the trio for Nigel’s quest for
placing the trio for Nigel’s quest for
placing the trio for Nigel’s quest for technology development this computers we
technology development this computers we
technology development this computers we are named as tech eight hundred and
are named as tech eight hundred and
are named as tech eight hundred and eight thousand series
eight thousand series
eight thousand series unfortunately we didn’t build on these
unfortunately we didn’t build on these
unfortunately we didn’t build on these eight years later the personal computer
eight years later the personal computer
eight years later the personal computer revolution started in Nigeria creating
revolution started in Nigeria creating
revolution started in Nigeria creating lots of computer businesses like
lots of computer businesses like
lots of computer businesses like computer science computer assemblies
computer science computer assemblies
computer science computer assemblies from software development networking
from software development networking
from software development networking desktop publishing Bhansali it was not
desktop publishing Bhansali it was not
desktop publishing Bhansali it was not based on our earlier chief it by the 90s
based on our earlier chief it by the 90s
based on our earlier chief it by the 90s Nigel was in the war tech mark because
Nigel was in the war tech mark because
Nigel was in the war tech mark because software developed in Nigeria we have
software developed in Nigeria we have
software developed in Nigeria we have been used locally and exported to many
been used locally and exported to many
been used locally and exported to many Western countries with a high point
Western countries with a high point
Western countries with a high point being when the functions of technical by
being when the functions of technical by
being when the functions of technical by Nigerian complicate our system we are
Nigerian complicate our system we are
Nigerian complicate our system we are using over eaten weapons in the United
using over eaten weapons in the United
using over eaten weapons in the United States of America alone so Larry a
States of America alone so Larry a
States of America alone so Larry a district in the liquors was a Silicon
district in the liquors was a Silicon
district in the liquors was a Silicon Valley of Legos he had over 250 computer
Valley of Legos he had over 250 computer
Valley of Legos he had over 250 computer companies Nyjah had over 5,000 computer
companies Nyjah had over 5,000 computer
companies Nyjah had over 5,000 computer schools all over the country
schools all over the country
schools all over the country these were aware before India became a
these were aware before India became a
these were aware before India became a big force in information technology
big force in information technology
big force in information technology unfortunately our tech boom column be
unfortunately our tech boom column be
unfortunately our tech boom column be sustained for long
sustained for long
sustained for long it died after the y2k hype due to
it died after the y2k hype due to
it died after the y2k hype due to manufactures in all we had over 1,000
manufactures in all we had over 1,000
manufactures in all we had over 1,000 tech companies in Nigeria with about
tech companies in Nigeria with about
tech companies in Nigeria with about five of them unison five percent market
five of them unison five percent market
five of them unison five percent market share then there were no venture
share then there were no venture
share then there were no venture capitalists the front software houses
capitalists the front software houses
capitalists the front software houses technology ministry there was no there
technology ministry there was no there
technology ministry there was no there was no ICT agency and there was no ICT
was no ICT agency and there was no ICT
was no ICT agency and there was no ICT policy now Nigeria 2015 is that imported
policy now Nigeria 2015 is that imported
policy now Nigeria 2015 is that imported 2.5 billion worth of software we pirated
2.5 billion worth of software we pirated
2.5 billion worth of software we pirated 190 million software we had spotted only
190 million software we had spotted only
190 million software we had spotted only 5 million dollar ICT equipment software
5 million dollar ICT equipment software
5 million dollar ICT equipment software export from Nigeria what 0 know what is
export from Nigeria what 0 know what is
export from Nigeria what 0 know what is this situation we are not all was never
this situation we are not all was never
this situation we are not all was never built in technology pillars Nyjah had no
built in technology pillars Nyjah had no
built in technology pillars Nyjah had no culture of research and development with
culture of research and development with
culture of research and development with mention about it here they were not
mention about it here they were not
mention about it here they were not brought innovation enabler
brought innovation enabler
brought innovation enabler and without this elementary to be hard
and without this elementary to be hard
and without this elementary to be hard for us in development indigenous
for us in development indigenous
for us in development indigenous technology capability beauty most of our
technology capability beauty most of our
technology capability beauty most of our technology solutions or beauty most of
technology solutions or beauty most of
technology solutions or beauty most of our digital technology solutions of
our digital technology solutions of
our digital technology solutions of consumer isin technologies on foreign
consumer isin technologies on foreign
consumer isin technologies on foreign digital platforms we do also no good we
digital platforms we do also no good we
digital platforms we do also no good we cannot have the capacity to evolve our
cannot have the capacity to evolve our
cannot have the capacity to evolve our technology across systems if we do not
technology across systems if we do not
technology across systems if we do not invest in the fundamental elements that
invest in the fundamental elements that
invest in the fundamental elements that make technology development happen when
make technology development happen when
make technology development happen when this foreign digital platforms dictate
this foreign digital platforms dictate
this foreign digital platforms dictate rollout of technology there is less and
rollout of technology there is less and
rollout of technology there is less and less opportunities for innovation or
less opportunities for innovation or
less opportunities for innovation or invention Muslims it benefits these
invention Muslims it benefits these
invention Muslims it benefits these platforms and their hosts this is what
platforms and their hosts this is what
platforms and their hosts this is what we call digital colonization yes we are
we call digital colonization yes we are
we call digital colonization yes we are being colonized by platforms like
being colonized by platforms like
being colonized by platforms like Facebook Google and Co in other words
Facebook Google and Co in other words
Facebook Google and Co in other words any limitation imposed by these digital
any limitation imposed by these digital
any limitation imposed by these digital platforms or into how assist local
platforms or into how assist local
platforms or into how assist local problem will limit our ability to create
problem will limit our ability to create
problem will limit our ability to create solutions address our needs that is
solutions address our needs that is
solutions address our needs that is we’re only accelerating the vision of
we’re only accelerating the vision of
we’re only accelerating the vision of these digital platforms let’s define
these digital platforms let’s define
these digital platforms let’s define what technology ecosystem is a
what technology ecosystem is a
what technology ecosystem is a technology ecosystem is an
technology ecosystem is an
technology ecosystem is an interconnected in the interdependent
interconnected in the interdependent
interconnected in the interdependent network of actors that combine to create
network of actors that combine to create
network of actors that combine to create innovative technology products and
innovative technology products and
innovative technology products and services it’s also a distributed
services it’s also a distributed
services it’s also a distributed adaptive open socio technical system
adaptive open socio technical system
adaptive open socio technical system with properties of self-organization
with properties of self-organization
with properties of self-organization scalability and sustainability and is
scalability and sustainability and is
scalability and sustainability and is inspired by the natural ecosystems we
inspired by the natural ecosystems we
inspired by the natural ecosystems we read about in our biology now it has the
read about in our biology now it has the
read about in our biology now it has the following actors universities and
following actors universities and
following actors universities and Polytechnic technology businesses homes
Polytechnic technology businesses homes
Polytechnic technology businesses homes on accelerators entrepreneurs startups
on accelerators entrepreneurs startups
on accelerators entrepreneurs startups Research Institute the other secondary
Research Institute the other secondary
Research Institute the other secondary supporting factors which include the
supporting factors which include the
supporting factors which include the media the government installed human
media the government installed human
media the government installed human resource poor educational system the an
resource poor educational system the an
resource poor educational system the an entrepreneur culture coupled with a
entrepreneur culture coupled with a
entrepreneur culture coupled with a local infrastructure that will support
local infrastructure that will support
local infrastructure that will support founders and invest investors
founders and invest investors
founders and invest investors communicating solving problems to
communicating solving problems to
communicating solving problems to and coming up with innovative ideas
and coming up with innovative ideas
and coming up with innovative ideas sucessful tech ecosystem allows for any
sucessful tech ecosystem allows for any
sucessful tech ecosystem allows for any smaller company and ecosystem to bring
smaller company and ecosystem to bring
smaller company and ecosystem to bring innovation to market operating alone
innovation to market operating alone
innovation to market operating alone will be difficult and in many instances
will be difficult and in many instances
will be difficult and in many instances impossible without the ongoing help of
impossible without the ongoing help of
impossible without the ongoing help of the tech ecosystem in the you may not
the tech ecosystem in the you may not
the tech ecosystem in the you may not get dominated by larger companies now
get dominated by larger companies now
get dominated by larger companies now why do we see this because the larger
why do we see this because the larger
why do we see this because the larger companies need these smaller companies
companies need these smaller companies
companies need these smaller companies to get technology that will make them
to get technology that will make them
to get technology that will make them better there are three kinds of
better there are three kinds of
better there are three kinds of technology we have biological or science
technology we have biological or science
technology we have biological or science technology reaching for science is all
technology reaching for science is all
technology reaching for science is all about the process of the line leading it
about the process of the line leading it
about the process of the line leading it to all forms of technology which
to all forms of technology which
to all forms of technology which includes new neural technology stem
includes new neural technology stem
includes new neural technology stem cells genomics bioinformatics synthetic
cells genomics bioinformatics synthetic
cells genomics bioinformatics synthetic biology so we have the physical
biology so we have the physical
biology so we have the physical technology which is about the tools
technology which is about the tools
technology which is about the tools machinery and gadgets use both within
machinery and gadgets use both within
machinery and gadgets use both within industry and by consumers so we have
industry and by consumers so we have
industry and by consumers so we have batteries nanomaterials autonomous
batteries nanomaterials autonomous
batteries nanomaterials autonomous vehicles wearables and Internet of
vehicles wearables and Internet of
vehicles wearables and Internet of Things then we have finally we have the
Things then we have finally we have the
Things then we have finally we have the digital or information technology which
digital or information technology which
digital or information technology which is about completion technology about
is about completion technology about
is about completion technology about computer technology and about computer
computer technology and about computer
computer technology and about computer software so that’s we have artificial
software so that’s we have artificial
software so that’s we have artificial intelligence augmented reality
intelligence augmented reality
intelligence augmented reality blockchain databases and so no we cannot
blockchain databases and so no we cannot
blockchain databases and so no we cannot sacrifice all these fundamental elements
sacrifice all these fundamental elements
sacrifice all these fundamental elements of technology with fixation on coding or
of technology with fixation on coding or
of technology with fixation on coding or programming now let me deal with some of
programming now let me deal with some of
programming now let me deal with some of these actors of the ecosystem first
these actors of the ecosystem first
these actors of the ecosystem first government is the government job to
government is the government job to
government is the government job to planner manage education in society
planner manage education in society
planner manage education in society government technology is also important
government technology is also important
government technology is also important because we need to take it very
because we need to take it very
because we need to take it very seriously here in Nigeria it’s part of
seriously here in Nigeria it’s part of
seriously here in Nigeria it’s part of governance it will help to bring the
governance it will help to bring the
governance it will help to bring the government citizens together and it has
government citizens together and it has
government citizens together and it has a role in developing and sustaining
a role in developing and sustaining
a role in developing and sustaining local technology ecosystem
local technology ecosystem
local technology ecosystem government technologies used to support
government technologies used to support
government technologies used to support and promote local technology so because
and promote local technology so because
and promote local technology so because that the biggest spenders in the economy
that the biggest spenders in the economy
that the biggest spenders in the economy they should be spending on local
they should be spending on local
they should be spending on local technology by improving the local
technology by improving the local
technology by improving the local companies now let’s talk about
companies now let’s talk about
companies now let’s talk about universities and education the
universities and education the
universities and education the foundation of a tech ecosystem is
foundation of a tech ecosystem is
foundation of a tech ecosystem is universities polytechnics and technical
universities polytechnics and technical
universities polytechnics and technical schools with
schools with
schools with having them the tech ecosystem become
having them the tech ecosystem become
having them the tech ecosystem become sustainable one of the goals of
sustainable one of the goals of
sustainable one of the goals of education is to create men who are
education is to create men who are
education is to create men who are capable of doing things not simply
capable of doing things not simply
capable of doing things not simply repeating what other generations have
repeating what other generations have
repeating what other generations have done this statement was made by a man
done this statement was made by a man
done this statement was made by a man called Piaget our inverses and
called Piaget our inverses and
called Piaget our inverses and polytechnics if built properly ought to
polytechnics if built properly ought to
polytechnics if built properly ought to be a socially cohesive environmental
be a socially cohesive environmental
be a socially cohesive environmental launched invention and innovation that
launched invention and innovation that
launched invention and innovation that will serve our local problem the
will serve our local problem the
will serve our local problem the university is also the planning stages
university is also the planning stages
university is also the planning stages for our society’s aspiration they are
for our society’s aspiration they are
for our society’s aspiration they are the drivers of disruptive technology our
the drivers of disruptive technology our
the drivers of disruptive technology our change like automatic automation and
change like automatic automation and
change like automatic automation and official intelligence most of noggins
official intelligence most of noggins
official intelligence most of noggins problem students can be solved with
problem students can be solved with
problem students can be solved with technology and when we talk technology
technology and when we talk technology
technology and when we talk technology we are talking of Applied Science and
we are talking of Applied Science and
we are talking of Applied Science and Engineering and all we need to get
Engineering and all we need to get
Engineering and all we need to get answers to our problem is to support
answers to our problem is to support
answers to our problem is to support research research activities are low in
research research activities are low in
research research activities are low in idea where we have an e 38 researchers
idea where we have an e 38 researchers
idea where we have an e 38 researchers per million population as our 2015 38
per million population as our 2015 38
per million population as our 2015 38 the global average is 1083 side not the
the global average is 1083 side not the
the global average is 1083 side not the reason why certain countries like USA
reason why certain countries like USA
reason why certain countries like USA Canada is Regina aware there is because
Canada is Regina aware there is because
Canada is Regina aware there is because they have smart comments who understand
they have smart comments who understand
they have smart comments who understand the fundamentals of this to the
the fundamentals of this to the
the fundamentals of this to the development of ecosystem a good case our
development of ecosystem a good case our
development of ecosystem a good case our give is China China’s rise in artificial
give is China China’s rise in artificial
give is China China’s rise in artificial intelligence incredible channel at the
intelligence incredible channel at the
intelligence incredible channel at the Western countries in research what is
Western countries in research what is
Western countries in research what is the comparison universe is made up for
the comparison universe is made up for
the comparison universe is made up for lost ground thus at a promoting local
lost ground thus at a promoting local
lost ground thus at a promoting local research also recently the Chinese
research also recently the Chinese
research also recently the Chinese medical Minister of Education encourage
medical Minister of Education encourage
medical Minister of Education encourage universities to set up new degree
universities to set up new degree
universities to set up new degree program to reflect the need of the
program to reflect the need of the
program to reflect the need of the society example Big Data and artificial
society example Big Data and artificial
society example Big Data and artificial intelligence
intelligence
intelligence so I created a social and economic
so I created a social and economic
so I created a social and economic development needs let’s talk about
development needs let’s talk about
development needs let’s talk about research is easy to take cutting-edge
research is easy to take cutting-edge
research is easy to take cutting-edge research for granted but most
research for granted but most
research for granted but most breakthroughs that improve our life
breakthroughs that improve our life
breakthroughs that improve our life starts as a government-sponsored
starts as a government-sponsored
starts as a government-sponsored research the statement was made by Bill
research the statement was made by Bill
research the statement was made by Bill Gates we also need to know the
Gates we also need to know the
Gates we also need to know the scientific on
scientific on
scientific on not entrepreneur leadership is driving
not entrepreneur leadership is driving
not entrepreneur leadership is driving our American innovation with input from
our American innovation with input from
our American innovation with input from research from both federal government
research from both federal government
research from both federal government corporate entities and academia high
corporate entities and academia high
corporate entities and academia high educational research and development in
educational research and development in
educational research and development in agriculture is a sample sub-saharan
agriculture is a sample sub-saharan
agriculture is a sample sub-saharan Africa averages twelve point seven
Africa averages twelve point seven
Africa averages twelve point seven million on research and between the
million on research and between the
million on research and between the researcher is nine percent of them are
researcher is nine percent of them are
researcher is nine percent of them are PhD Brazil has 230 million
PhD Brazil has 230 million
PhD Brazil has 230 million China four hundred two million India 735
China four hundred two million India 735
China four hundred two million India 735 million it’s nine percent PhD research
million it’s nine percent PhD research
million it’s nine percent PhD research in Nigeria they all knew that we have
in Nigeria they all knew that we have
in Nigeria they all knew that we have 152 universities with 21 research
152 universities with 21 research
152 universities with 21 research institutions we still have ear detect
institutions we still have ear detect
institutions we still have ear detect research per million global average is
research per million global average is
research per million global average is eight thousand eighty three natural
eight thousand eighty three natural
eight thousand eighty three natural spends 1.2 million billion dollars on
spends 1.2 million billion dollars on
spends 1.2 million billion dollars on research for South Africa spends four
research for South Africa spends four
research for South Africa spends four point seven million dollars this is us
point seven million dollars this is us
point seven million dollars this is us at 2015 China spent three hundred sixty
at 2015 China spent three hundred sixty
at 2015 China spent three hundred sixty nine billion dollars now let’s talk
nine billion dollars now let’s talk
nine billion dollars now let’s talk about startups as of travel startup
about startups as of travel startup
about startups as of travel startup ecosystem is built on top of the gases
ecosystem is built on top of the gases
ecosystem is built on top of the gases tech foundation building the startup
tech foundation building the startup
tech foundation building the startup before building a tech foundation is
before building a tech foundation is
before building a tech foundation is dead on arrival
dead on arrival
dead on arrival it needs to be sustained give an example
it needs to be sustained give an example
it needs to be sustained give an example in Cambridge University they have a
in Cambridge University they have a
in Cambridge University they have a thousand five hundred tech companies
thousand five hundred tech companies
thousand five hundred tech companies built around investor of Cambridge and
built around investor of Cambridge and
built around investor of Cambridge and the employing sixty thousand people if
the employing sixty thousand people if
the employing sixty thousand people if you are no chips they’re getting
you are no chips they’re getting
you are no chips they’re getting smartphones running nine five percent of
smartphones running nine five percent of
smartphones running nine five percent of smartphones comes from Cambridge
smartphones comes from Cambridge
smartphones comes from Cambridge University and every body is involved
University and every body is involved
University and every body is involved with such as graduates
with such as graduates
with such as graduates lecturers are involved in this companies
lecturers are involved in this companies
lecturers are involved in this companies now tech companies tech companies are
now tech companies tech companies are
now tech companies tech companies are business organizations that produce they
business organizations that produce they
business organizations that produce they do two teams they produce
do two teams they produce
do two teams they produce cell technologies and technology
cell technologies and technology
cell technologies and technology products
products
products secondly the use technology or
secondly the use technology or
secondly the use technology or technologies to offer services
technologies to offer services
technologies to offer services unfortunately most of the technology
unfortunately most of the technology
unfortunately most of the technology companies are created during the
companies are created during the
companies are created during the technology boom in the early 90s where
technology boom in the early 90s where
technology boom in the early 90s where or the first one that produces
or the first one that produces
or the first one that produces technology products most technology
technology products most technology
technology products most technology stuff
stuff
stuff now use technology to do the start it’s
now use technology to do the start it’s
now use technology to do the start it’s not oh so in conclusion we need to do
not oh so in conclusion we need to do
not oh so in conclusion we need to do certain things first thing is that
certain things first thing is that
certain things first thing is that government needs to change so the the
government needs to change so the the
government needs to change so the the attitude of the government has to change
attitude of the government has to change
attitude of the government has to change we need to inject visionaries creative
we need to inject visionaries creative
we need to inject visionaries creative thinkers leaders and innovators in
thinkers leaders and innovators in
thinkers leaders and innovators in government and we also need to type
government and we also need to type
government and we also need to type without bureaucracy because bureaucracy
without bureaucracy because bureaucracy
without bureaucracy because bureaucracy stifle innovative thing innovation
stifle innovative thing innovation
stifle innovative thing innovation innovative thinking and critical
innovative thinking and critical
innovative thinking and critical thinking
thinking
thinking we also Nigel government needs to
we also Nigel government needs to
we also Nigel government needs to understand that these days wealth of
understand that these days wealth of
understand that these days wealth of nations ability to me by data flows so
nations ability to me by data flows so
nations ability to me by data flows so platforms like Facebook Google cannot
platforms like Facebook Google cannot
platforms like Facebook Google cannot without datum be making money for their
without datum be making money for their
without datum be making money for their host countries we need to start
host countries we need to start
host countries we need to start supporting local platforms so that we
supporting local platforms so that we
supporting local platforms so that we without data make money for ourselves
without data make money for ourselves
without data make money for ourselves locally we can impress we can embrace
locally we can impress we can embrace
locally we can impress we can embrace digital platform business model today by
digital platform business model today by
digital platform business model today by adopting open data open data appears on
adopting open data open data appears on
adopting open data open data appears on our challenges and opportunities we have
our challenges and opportunities we have
our challenges and opportunities we have then we need to fundamentally need to
then we need to fundamentally need to
then we need to fundamentally need to understand this that the web is not a
understand this that the web is not a
understand this that the web is not a winner takes it all
winner takes it all
winner takes it all the web is for everybody on earth so
the web is for everybody on earth so
the web is for everybody on earth so that everything can express their self
that everything can express their self
that everything can express their self and use it to push the economy God made
and use it to push the economy God made
and use it to push the economy God made me to sponsor research supported versus
me to sponsor research supported versus
me to sponsor research supported versus to get funding and they need to improve
to get funding and they need to improve
to get funding and they need to improve research activities universities really
research activities universities really
research activities universities really need to improve research activities and
need to improve research activities and
need to improve research activities and when they do this it will lead industry
when they do this it will lead industry
when they do this it will lead industry to create better products that will have
to create better products that will have
to create better products that will have social economic impact on the society in
social economic impact on the society in
social economic impact on the society in truth tech companies can partner with
truth tech companies can partner with
truth tech companies can partner with smaller startups and then create
smaller startups and then create
smaller startups and then create products but we can also come together
products but we can also come together
products but we can also come together and eat other sectors of the economy
and eat other sectors of the economy
and eat other sectors of the economy like technology like health agriculture
like technology like health agriculture
like technology like health agriculture and other sectors of the economy to
and other sectors of the economy to
and other sectors of the economy to boost the economy thank you very much
boost the economy thank you very much
boost the economy thank you very much you
you
you [Applause]
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