| IntroductionKnowledge is the key resource
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| | innovation of key business development
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| that forms the institutional basis of the
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| | benchmarks and entrepreneurial training
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| post-industrial economy and society. It
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| | methodologies. Having these research
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| should be empasized that it is
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| | outputs available, business capabilities
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| institutions of higher education that
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| | will be enhanced with regards to
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| give tangible expression to this argument
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| | scaleable business venture creation,
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| by acting as catalysts for knowledge and
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| | business incubation, commercialisation of
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| research-driven economic growth as well
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| | technologies, appropriate business
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| as well-being enhancement. All this finds
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| | competition and sustainable growth
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| embodiment within a new techno-academic
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| | strategies, development of practical
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| paradigm in which the academic knowledge
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| | business solutions and the effective
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| base is center stage as a determinant of
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| | utilisation of venture support mechanisms
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| industrial change, economic growth and
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| | within the Southern African context to
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| general well-being. Therefore, higher
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| | those that desire to start-up and sustain
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| education institutions should not be
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| | their own businesses.The International
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| viewed as a regional or national
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| | Business Case Study Centre and the Centre
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| resource, but rather as a node in an
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| | for New Venture Creation will initially
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| increasingly seamless knowledge base,
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| | focus on two extremes of business
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| which has a progressively larger
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| | creation ventures, namely:· Those
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| interface with the knowledge-driven
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| | business ventures that can be classified
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| global economy.PurposeThe aim of this
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| | as high growth ventures, characterised by
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| paper is to propose a research framework
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| | radical innovations and disruptive
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| for entrepreneurship and innovation
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| | technologies.· Those business ventures
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| suitable for a developing country
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| | than can be classified as low growth
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| enabling it to become both a producer and
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| | ventures in the survivalist
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| a consumer of innovative entrepreneurial
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| | economy.3. Research on the management of
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| information packages. The information
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| | innovation. Innovation is considered to
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| products are designed to facilitate
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| | be one of the main drivers of economic
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| business development, and sustainable
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| | growth and prosperity in the knowledge
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| business practices, packaged to support
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| | economy. Understanding and managing
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| entrepreneurial ventures in distinct
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| | innovation processes and structures in
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| epistemic cultural settings for use by
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| | general and particularly in Southern
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| multiple participants in the
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| | Africa have the potential for huge
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| entrepreneurial system. The proposal is
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| | benefits for actors, local clusters, and
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| based upon a model applied at Tshwane
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| | the national system of innovation.
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| University of Technology in South
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| | Research in this area should promote
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| Africa.A proposed R&D FrameworkA
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| | knowledge in the fields of
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| centralised R&D focus and strategic aim
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| | technopreneurship and technology
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| is essential if Institutions of Higher
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| | management and transfer as well as
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| Education want to act as a node in an
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| | intellectual property.The last
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| increasingly seamless knowledge base
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| | requirement is to investigate the
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| economy. A typical vision could be to
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| | interrelationships between the set
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| research and develop innovation business
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| | research parameters on Entrepreneurship
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| venture protocols and prototypes in the
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| | and Innovation. Although the two
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| fields of business clustering, business
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| | concepts are highly related to one
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| development and management of innovation
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| | another the interplay between the
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| appropriate for specific regional
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| | concepts are seldom
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| environments in Southern Africa to be
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| | investigated.ConclusionIt is envisaged
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| used by entrepreneurs, policy makers, and
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| | that the outputs of the research and
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| institutions of learning. The research
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| | development will extend the boundaries of
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| domain could then be divided into
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| | business and technology innovations by
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| mainstreams, culminating in specific
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| | making information and knowledge useful.
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| value added outputs. The
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| | The created business ventures protocols
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| entrepreneurship and innovation outputs
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| | and information packages as well as the
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| should typically been information
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| | management of innovation, aim at
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| products that are considered to be
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| | designing and modelling entrepreneurial
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| prerequisites for successful and
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| | support tools for the transfer and
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| sustainable entrepreneurial ventures and
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| | distribution of business venture
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| processes as well as for the effective
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| | information. The developed packages will
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| management of innovation.The second
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| | create an enabling environment and an
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| requirement is the formulation and
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| | efficient information support services to
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| establishment of the R&D parameters,
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| | entrepreneurs, policy makers and learning
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| which defines the boundaries or scope of
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| | institutions in Southern Africa.
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| permissible R&D conduct. The parameters
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| | Furthermore, they will provide valuable
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| can for example easily be defined in
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| | information to promote, develop and
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| terms of three strategic parameters,
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| | participate in intensive knowledge and
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| namely:1. To firstly conduct research on
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| | technology based business incubators.
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| business clustering commonalities
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| | Establishing business links between
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| (networks) in order to enhance the
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| | business clustering, business development
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| competitive basis of firms in the
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| | and the management of innovation offers a
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| Southern African market place through a
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| | great opportunity for high quality
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| process of sharing information, grouping
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| | research as business information, product
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| of resources and outputs, as well as
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| | transfer and distribution, business
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| sharing of factors of production;
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| | development, and management of innovation
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| secondly, on business clustering
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| | - although closely related - are
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| formation and causes for these formations
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| | traditionally kept apart. The outcomes
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| in order to understand opportunities and
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| | of the research will contribute to
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| constraints in specific clusters and
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| | discover underlying patterns within
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| lastly, the development business
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| | related business ventures and
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| clustering algorithms in order to
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| | innovations, as well as within similar
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| simulate specific business models and
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| | business environments. Data provided
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| business environments.2. Researchers will
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| | will not only support better management
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| contribute to the International Business
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| | of innovation and business development
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| Case Study Centre and to the Centre for
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| | ventures, but it will also enable new and
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| New Venture Creation, which will serve as
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| | established entrepreneurs to speed up and
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| business development learning
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| | improve business decision-making.Jan
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| environments for entrepreneurs, other
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| | Grundling is Head of the Centre for
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| researchers, students and policy makers.
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| | Entrepreneurship at Tshwane University of
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| Research will focus on business best
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| | Technology, South Africa. He has
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| practices, successful new venture
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| | published extensively in Journals and
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| creation, technological entrepreneurship,
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| | presented various papers ar national and
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| growth indicators, research and
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| | international conferences.
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