Dean and Professor, Peking University
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.
Social progress and economic prosperity as a collective measure of development in a region.
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.EXPAND ALL
-Nature of established companies in region
-Funding for research
Ability to start and build new to the world businesses from inception to maturity.EXPAND ALL
-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