We’ve probably moved on from calling an Innovation Ecosystem a Cluster because they now involve more parties doing more things across a wider geography. However, all active participants remain bound to a common collaborative approach to finding innovative and sustainable new solutions to increasing complex industry challenges.
Simply put, industry clusters are collaborative concentrations of related industry organisations. They consist of companies, suppliers, and service providers, as well as government agencies and other institutions that provide education, information, research, and technical support to a regional economy.
The original ‘Triple Helix’ model of interacting universities, industries and governments gave rise to intermediary institutions, such as technology transfer offices and science parks. That’s since evolved with the recognition that entrepreneurs and capital are also an essential part of driving growth and increasing value to the ecosystem participants, (Ref: TCI.org and others)
The evolved ‘innovation pentagon’ model is shaping ambitious political and industrial thinking around solving industry-level challenges and opportunities.
Ref: StrategyTools.io and enviroMETS.org
In developing its understanding of the enviroMETS innovation ecosystem landscape, a sixth group, Industry Peak Bodies and Affiliates, was recognised to engage, as they have an ‘associated’ role, and that their actions can hinder or help successful industry collaborations.
Benefits for each group might be described as;
enviroMETS mission of finding new innovative and sustainable ways to make mining impacted land valuable to its future custodians, looks to create this economic value via a strategy of pursuing multi-facet technical, social, and environmental opportunities.
Ref: HATCH.com / Improved Project Value, across technical, social, and environmental (reproduced with permission).
This approach leads the innovation ecosystem to develop and embed several core go-to expertise streams. The following are provided by, and for, the active participants.
enviroMETS brings the expertise of our collaborating Participants to create opportunities that achieve;
A successful ecosystem must a strong core organisation, offering relevant services, and maintaining close contact to its participating companies and other actors.
enviroMETS will evolve and expand to undertake and coordinate these services around commercial projects that directly benefit the collaborating participants. With a spin-off gain across the entire ecosystem.