Practical clusters require entrepreneurs.
Regional, rural and remote areas want to see more integration between the many and different programs supposedly designed to support the growth of innovation while promoting sustainable development. Practical clusters run by the people who live there are required.
We need to strengthen the capacity of more impoverished towns and villages, which should have a higher priority as new technologies extend the reach of clusters. Most projects stamped with the seal of approval by governments did not match the logic and objectives of the people who live there.
Academics and governments tend to discuss how global forces shape the choices we need to make about our communities, rather than the needs of the real people who live there., have the need and want to innovate for their future success.
Clusters can thread multiple funding streams together to promote regional development. But some bureaucrats and academics say fragmented schemes make this impossible, and reforms can’t go ahead. Well, I beg to differ, if you know how to put a cluster together.
Why aren’t clusters being developed to help regional communities?
- Failure to identify suitable entrepreneurs
- Lack of knowledge about implementing clusters
- Poor funding support.
Practical clusters deliver more innovation.
Entrepreneurs need to systematically create clusters and their value chains, with more straightforward rules and less red tape, all aimed at developing various community ecosystems for long-term growth and sustainability.
Funding should be applied in a way to support a community’s practical education programs to inspire and motivate the business community along with the community entrepreneurs and gazelles. Unfortunately, good businesses leaders in our communities are being ’flogged to death’ with limited resources.
An excellent open question to ask might be, “to what extent has the community leaders scoped their investment plans for the coming years, to involve innovation and support for clusters. While money from structural projects is disbursed by the government, how much is allocated for forming clusters”?
Ideas are in abundance, implementation is the problem.
Ideas and opportunities from the local business sector are in abundance; however, too many government funding programs are poorly focused and too complicated.
People want to get on with it, not stifled by countless boring meetings and red tape. There needs to be a simplification of processes involved, and have them enhanced with various Economic Gardening programs.
Keep in mind, if you pay peanuts, you get monkeys. Experienced people know it takes money upfront to build worthwhile clusters.
“It’s great for people to think in terms of ‘regional development’ and ‘community strategies’; however, it is the individual choices and actions which are the primary drivers”. Peter Sergeant
“Without substantial capital expenditure, growth and business prosperity can only come about through increasing entrepreneurial participation, and this requires support in creating endless opportunities”. Peter Sergeant