An Innovation Ecosystem, sometimes referred to as a cluster, has evolved beyond its traditional definition. These ecosystems now include a broader range of participants collaborating across larger geographic areas to address complex industry challenges.
At its core, an Innovation Ecosystem is a network of interconnected organizations within a specific industry. This includes businesses, suppliers, service providers, government agencies, and institutions offering education, research, technical support, and information to drive economic growth in a region.
The traditional 'triple helix' model of cluster collaboration—between universities, industries, and governments—has evolved to include entrepreneurs and investors, reflecting the broader scope of modern innovation ecosystems. enviroMETS built on this by including a sixth group: Industry Peak Bodies and Affiliates. Their engagement is crucial, as their actions can either support or hinder effective industry collaboration.
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