Supporting Entrepreneurship in Developing Countries using the Network Centric Approach
For developing countries looking to “move up the food chain”, whether in an attempt to sustain or generate economic growth, the hope and promise lies in and among innovation and entrepreneurship. As these regions look to assert their relevance in the global marketplace beyond their “low cost” offerings of labor, facilities etc., support mechanisms for high growth entrepreneurs are at the forefront of their economic planning agendas. The challenges and opportunities for high growth entrepreneurs, across the world, within the context of today’s new global environment, particularly those that are publicly funded and knowledge-intensive industry based, call for a new paradigm of entrepreneurial assistance: a network-centric approach.
This paper explains how the conventional cluster model that attempts to build, from the top down, a complete regional resource environment for entrepreneurs is particularly challenging for those regions in the developing world that simply do not have the assets in enough critical mass to make them independently competitive as “clusters”; also they do not possess inherent scale to provide a truly competitive environment on their own.
PDF Paper http://larta.org/publications/Shukla_Taking_the_Triple_Helix_to_a_New_Level.pdf