In recent decades, developing countries have sought to reduce their reliance on trade with the economically and politically dominant northern, or developed, countries, favoring instead South-South partnerships that synergize strengths and bolster competitiveness. Entrepreneurial firms in developing countries are increasingly aware of the opportunities in one another?s markets, as is evident from the 12.5% increase in the rate of South-South trade each year.

A survey of entrepreneurial collaborations among health biotech firms in developing countries reveals a surprisingly high level of collaboration but a lack of emphasis on new or improved health biotech products and processes.

The following paper is addressing South-South entrepreneurial collaboration in health in detail
http://www.nature.com/nbt/journal/v28/n5/pdf/nbt0510-407.pdf