Title: Wealth creation in developing countries: linking techno-economic-social networks

Authors: Carlos Scheel; Daniel Maranto

Addresses: Tecnologico de Monterrey, EGADE Business School, Mexico ' Tecnologico de Monterrey, EGADE Business School, Mexico

Abstract: 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.

Keywords: technology enabling environments; network economy; systemic innovation poles; regional innovation systems; sustainable wealth creation; developing countries.

DOI: 10.1504/IJTG.2017.088978

International Journal of Technology and Globalisation, 2017 Vol.8 No.2, pp.116 - 140

Accepted: 20 Jun 2017
Published online: 03 Jan 2018 *