A collaborative network of producers, suppliers, distributors, processors, business supporters (financial institutions, NGO’s, educators that prepare the workforce, R&D, etc.) and customers that share a common set of value or supply chains. Collaboration can reduce risk and cost, and increase efficiency. (Source: modified from BusinessDictionary.com). Sometimes referred to as an Entrepeneurial Ecosystem, particularly when the focus is on new business enterprises. (Source: modified from JumpStart 2011 Annual Report)

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