Description

The concept of interaction among organizational, political, economic, environmental, and technological systems and the resulting synergy has resulted in a new way to support business growth. This phenomenon is being depicted under the term Innovation Ecosystems. Based on the intensity of innovations in the various innovation belts or regions for each technology cluster, the United States, Germany and South Korea have been chosen for analysis of technology developments across areas of a) healthcare b) chemicals-materials-food c) clean and green environment, and d) sustainable energy.