An innovation ecosystem refers to a network of interconnected organizations, individuals, resources, and environments that collectively foster and support the development of new ideas, products, and technologies. This ecosystem typically includes various stakeholders such as businesses, startups, research institutions, government agencies, investors, and non-profit organizations.
The goal of an innovation ecosystem is to create an environment conducive to creativity and growth, where knowledge and resources are shared, collaboration is encouraged, and new opportunities can emerge. By facilitating interactions and partnerships, an innovation ecosystem can accelerate the process of turning innovative concepts into reality, driving economic growth and societal progress.
Key components of an innovation ecosystem may include access to funding, talent, mentorship, research and development capabilities, infrastructure, and supportive policies and regulations. Overall, the term emphasizes the importance of relationships and interdependencies among diverse entities in driving innovation.
As a significant shift approaches the Fitzsimons Innovation Community, the life-sciences hub prepares for a new chapter following the announcement of Steve VanNurden's retirement. After leading this vibrant campus for…