MIT REAP Team Beijing’s regional focus is Zhuozhou, which is a county-level city in the province of Hebei bordering Beijing to the north. Government and corporate stakeholders play the dominant roles in the MIT REAP Beijing Team. The team is beginning to involve entrepreneurial stakeholders such as Beijing Junzhida.
Innovation Ecosystem Stakeholder Model
Champion Dean and Professor, Peking University
Officer, Economic and Technical Cooperation Office
Deputy General Manager, Beijing Junzhida Consulting Co., Ltd.
Professor, Beijing University Of Agriculture
Associate Professor, Beijing University of Agriculture
Division Director, Cooperative Office
Vice Dean, School of Innovation and Entrepreneurship, Peking University
Challenge & Opportunity:
Strategy & Action:
Region of focus: Zhuozhou, which is a county-level city in the province of Hebei bordering Beijing to the north
Strong university system and agricultural base.
“Build it and they will come” mentality.
Projects are typically government lead and top down rather than bottoms up (i.e., only one single point of failure rather than multiple points of failure, learning and iteration).
Strong financial support exists from government but they face the challenge of a “build it and they will come” mentality
Government and corporate stakeholders play the dominant roles on the team.
Starting to involve the entrepreneurial stakeholders in the planning process but was not doing so previously.
Will be updated once the team graduates from the program.
Hope to draw entrepreneurs from the Beijing and Tianjin areas. Working to gather data and create a comparative analysis for Zhuozhou City, Hebei province and greater Beijing, Tianjin and Hebei region
Zhuozhou agricultural innovation exposition park (a high-tech Industrial Development Zone) to focus on local ag-tech startups.
Draw a community of entrepreneurs from the surrounding region to utilize the innovation park.
Potential Strategic Intervention(s):
Improve links between iCap and eCap using the government’s support.
Core Regional Metrics
Economic & Social Progress
Social progress and economic prosperity as a collective measure of development in a region.
Innovation-Driven Entrepreneurial Ecosystem
Innovation-Driven Entrepreneurial Ecosystems are regional environments that effectively support startups focused on addressing global markets based on technological, process or business model innovation.
Ability to develop new to the world innovations from inception through to the market.
-Nature of established companies in region
-Funding for research
Culture & Community
Ability to start and build new to the world businesses from inception to maturity.
-Accessibility of entrepreneurial capital (government, private, equity, debt, grants)
-Pool of entrepreneurs
-Quality of entrepreneurial education
-New business creation policy
-Business law and business policy
-Government, corporate and consumer demand for new products and services