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.

Team Members

University
Government
Corporate
Risk Capital
Entrepreneur

Innovation Ecosystem Stakeholder Model

Dongmin Chen
Champion
Dean and Professor, Peking University
Liu Yunming
Officer, Economic and Technical Cooperation Office
Liu Qing
Deputy General Manager, Beijing Junzhida Consulting Co., Ltd.
Shi Yajun
Professor, Beijing University Of Agriculture
Xu Guangcai
Associate Professor, Beijing University of Agriculture
Yuan Peihong
Division Director, Cooperative Office
Guo Lei
Vice Dean, School of Innovation and Entrepreneurship, Peking University

Team Strategy

  • Challenge & Opportunity:
  • Strategy & Action:
      • Region of focus: Zhuozhou, which is a county-level city in the province of Hebei bordering Beijing to the north
      • Comparative advantage:
        • Strong university system and agricultural base.
        • “Build it and they will come” mentality.
      • Core Challenges:
        • 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
      • Stakeholder Insight:
        • 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.
      • REAP Strategy:
        • 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.

 

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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.

Innovation Capacity

Ability to develop new to the world innovations from inception through to the market.

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Performance

Demand

-Nature of established companies in region

Funding

-Funding for research
-Government programs

Policy

Coming soon!

People

Coming soon!

Culture & Community

Coming soon!

Infrastructure

Coming soon!

Entrepreneurial Capacity

Ability to start and build new to the world businesses from inception to maturity.

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Funding

-Accessibility of entrepreneurial capital (government, private, equity, debt, grants)

People

-Pool of entrepreneurs
-Quality of entrepreneurial education

Policy

-New business creation policy
-Business law and business policy

Demand

-Government, corporate and consumer demand for new products and services

Performance

Coming soon!

Culture & Community

Coming soon!

Infrastructure

Coming soon!