Innovative Environment: An Essential Pre-Condition for Developing a Small Business
The article covers innovative environments (InE), viewing them as an essential pre-condition for the development of a small enterprise. InE, the critique notes, are needed to launch the mechanism behind small-business growth. The paper states that other factors inherent in the growth process include new stimulants (for innovative growth) and unique frameworks (for innovative-infrastructure development). Subsequently, the review suggests that entrepreneurial innovation centers – in educational innovation centers – could also function as a feature of innovative infrastructures. In the long run, the blueprint posits, development of small-businesses could lead to cooperative franchised pursuits that design innovative networks and clusters.