A connected ecosystem

The entrepreneurial spirit of ecosystems can only be sustained if stakeholders provide adequate infrastructural support for startups.

Ecosystem builders should focus on creating an innovation capability that promotes policy initiatives to foster a startup culture. Entrepreneurial ecosystems can flourish only if the government takes proactive interest in formulating policies that address the needs of all ecosystem stakeholders.

Capacity-building measures include implementing an innovation policy that focuses on R&D to address new market needs, especially in the wake of the pandemic.