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Published by:
Lagos Business School (2016)
Length:
11 pages
Data source:
Published sources

Abstract

The note highlights the importance of the valuable information contained in indigenous knowledge and its relevance to contemporary society. It is written as part of background information provided for the Entrepreneurship course taught at LBS. It aims at encouraging the discovery of exportable indigenous solutions as well as making students think about these products / services as they decide on what businesses to embark on or prepare to write business plans. The note discusses indigenous knowledge as a global competitive advantage because of the uniqueness of the solution which usually has global relevance. It also seeks to encourage an appreciation of local value creation opportunities that can contribute to national economic growth.

Topics

Indigenous knowledge; Entrepreneurship; Competitive advantage
Industry:
Other setting(s):
Nigeria, West Africa

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