Concurrent with this effort our team began an unusual project to develop a technology based economic strategy project for the region of Karnataka, India—focusing on Bangalore. At this time Bangalore was not known, as it is today, as one of the major software development centers of the world. Our project with this region focused on analyzing the region’s clusters, their requirements, the capabilities of the region’s universities, national labs (they had four) and how to sustain and accelerate the technology-based enterprise development process that was just taking shape. This region helped shape a collaborative strategy that created a network for shared R&D, training and venture financing that has been operating for over five years now. We learned from Bangalore, India the importance of understanding the buyer-supplier dynamics of business in a region and how very often economic development programs are less essential to economic development than “virtual” programs that improve market efficiency by removing barriers or creating opportunities for collaboration.