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What Is an Innovation Ecosystem and How Are They Essential for Startups?

In the United States and around the world, organizations, and institutions like governments, universities, investors, and corporates – to name a few – are looking to develop or be part of innovation ecosystems. There has been a lot of conversation around creating innovation ecosystems, and now the talks are shifting toward how to improve these ecosystems and how to make them more effective and efficient.

What is an innovation ecosystem and why is it important? Why do we need them? And, what role do stakeholders play in developing a sustainable innovation ecosystem?


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