Beverlee Anderson’s working trip and her previous experiences.

I’m Beverlee Anderson, Professor Emerita, who is
engaged in observing, learning, and researching
with the goal of understanding factors that aid
businesses in improving performance.
I have worked with many and varied successful
businesses organizations. The knowledge I have
gained has been shared with others through
written articles, teaching, formal presentations,
development and leading seminars and consulting
with government agencies and business
organizations.

The main goals and objectives for 2020 and beyond.
For this coming year, I hope to continue learning and sharing my
knowledge. Working with colleagues, I plan to continue my research
and writing on best practices and survival in these difficult times.

The challenges facing the innovation and entrepreneurship
ecosystem in developed and developing countries
These are challenging times for firms in both developed and
developing countries. Climate change is producing unusual weather
and natural disasters. Covid-19 and its variants will continue to
create difficulties for employees and organizations.
Unrest is prevalent across the world. Cyber- attacks are increasing.
In many parts of the world, laws, policies and rules are being revised
and changed. These external events are posing challenges to every
aspect of the entrepreneurial ecosystem. Long-term planning has
become more and more difficult as the future appears to be
extremely turbulent

Some of the opportunities facing the innovation
and entrepreneurship ecosystem in developed and
developing countries
Every threat has the flip side of an opportunity. The
question is, how can a firm pivot to capitalize on the
event. For example, the pandemic has been a boon
for some services and businesses. Another example
is the cultural shifts seen in the U.S. and other parts of
the world. These shifts have created opportunities for
new entrepreneurs to start businesses in new markets.
Branding, brand names, and images are undergoing
review and revisions as cultural trends are shifting the
acceptability of certain words and images.
The best innovation strategy implemented to leverage
the ranking of the countries.
First, the firm should research and analyze the
characteristics, competitive advantages and
disadvantages of the country of interest/relevance.
What are the relevant factor conditions, the related
and supporting industries, the demand conditions, and
the rules and regulations regarding the governing of
businesses. By assessing these as well as the country’s
competency image, the entrepreneur can leverage the
advantages the country possesses. Countries with
deficiencies provide opportunities for the entrepreneur
to innovate products/services/technologies to lessen
these deficiencies. The best strategy would be to focus
on products and services that will solve current problems
of consumers and businesses in a targeted area.

Beverlee’s opinion about the roadmap of economic
growth & diversification through Technology,
Innovation, entrepreneurships programs
The people who are to innovate and begin new
businesses must have a set of skill levels relevant to
the enterprise. In the field of technology, one needs
to understand the basics of the type of technologies
(physics, the sciences, engineering, math, etc.). An
innovator needs to have an inquiring mind, one who
is curious and also one who is able to “connect the
dots” and visualize relationships. Entrepreneurs are
usually people who are risk takers – or as Socrates would
say, “spirited.” One who wants to stand out and build
something willlikely be an entrepreneur. Programs are
best targeted to individuals who have natural abilities or tendencies —
But programs can provide education related to the tools and mechanics,
which can lead a country to economic growth and diversification.
Educational programs for the young should be designed to focus on
creativity, imagination, and critical thinking. Budding innovators can be
encourage to think creatively and visualize across a range of situations.
The future recommendations which support the ecosystem of technology,
innovation, and entrepreneurship.
Financing is an important ingredient in support of the various ecosystems.
Start-up money is essential to begin a business, so funding is very
important. Sometimes the traditional factors considered when lending
money, do not work well for entrepreneurs. Consideration must be given
to alternative sources such as crowd-funding, etc. Potential entrepreneurs
need to be schooled in how to “pitch” and promote their ideas and
concepts to the skeptical.
Beverlee’s opinion about how we deploy the innovation mindsets in
any organization
Organizations must be flexible, adaptable, and agile. They must be
flexible in that they are open to change —change in operations and
business practices. They must be adaptable in that they monitor and
consider the impact of changing environments on their businesses. Then
consider alternative ways the firm can adapt to the external changes.
They must be agile in that there is a minimum level of bureaucracy that
slows the implementation of desired changes.