A 21st Century Paradigm for Entrepreneurs and Policy Makers: Applying Modern Scientific Methods to Indigenous Innovation

Abstract In recent times, extant literature increasingly underscores the importance of indigenous innovations. This chapter provides an empirical illustration that a collaboration between indigenous knowledge systems and mainstream knowledge systems will not only help overcome the shortcomings in both systems, but also result in more cost-effective and environmentally friendly solutions. The chapter also advocates for public policies that facilitate the development and dissemination of such innovations. Using a case study from the Nigerian context, a framework is provided in this chapter, to illustrate how scientific knowledge can be applied to indigenous innovations to result in the next generation of sustainable, cost-effective and environmentally friendly solutions.