Wealth creation in developing countries: Linking techno-economic-social networks

Copyright © 2017 Inderscience Enterprises Ltd. Some European countries have benefited from programs involving the creation of alliances of techno-socio-economic networks. In developing countries, their competitiveness based on industrial clusters are non-existent because of their poor regional enabling conditions required for assembling complex organisational interactions. To help alleviate this situation, a `wealth creation based on innovation and enabling technologies¿ model (WIT) was developed. Within this framework, the economic growth is articulated by a systemic enabling environment, capable of supporting network economies, industrial ecosystems and regional innovation systems, with a purpose: to transform regions with scarce resources, hostile conditions and poor associativity into poles of regional attractiveness and competitive clusters of companies capable of producing high economic value strongly inter-related with the social and environmental capital in their communities. A more recently version of the WIT model, was developed, which adds sustainable wealth creation, called SWIT, which articulates all the stakeholders of the biosphere system of capitals.

Wealth creation in developing countries: Linking techno-economic-social networks Academic Article in Scopus