6. vogel building and assessing entrepreneurial ecosystems
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Building and Assessing Entrepreneurship Ecosystems
Dr. Peter VogelChair for Entrepreneurship & Technology Commercialization
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Ecosystems
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Entrepreneurship Ecosystems
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A dynamic, interactive community within a geographic region, composed
of varied and inter-dependent actors (e.g. entrepreneurs, institutions and
organizations) and factors (e.g. markets, regulatory framework, support
setting, entrepreneurial culture), which evolves over time and whose actors
and factors coexist and interact to promote new venture creation.
Everything starts with a definition...
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Entrepreneurship Ecosystems
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Sources: The Entrepreneurs‘ Ship®
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Factors and Actors
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Factors and Actors
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Telescoping Ecosystems
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Campus
Regional
National
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How to Start an Ecosystem?
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The formation of an ecosystem is a positive, reinforcing loop:
Success Stories
Importance of thelocation
Area attractive to talents
Innovation
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How to Start an Ecosystem? Swiss MedTech
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Long tradition of watchmaking, machine industry and pharma Expert knowledge in:
Micro- and nanotechnology Precision mechanics and electro-mechanics Material sciences and surface treatment
Unique combination of biotechnology and medical engineering
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How to Start an Ecosystem? Success Factors in CH
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Robust industry
Good public infrastructure
Macroeconomic balance
Favorable rules of labor market, working time and IP protection
Culture of Innovation
Excellent education system
Highly skilled workforce
Very attractive location (#2 in world in attractiveness for talents)
Internationally recognized research hub (EPFL, ETHZ, CERN,…)
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Swiss Startup Monitor
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Start-ups
Universities
CTI
Cantons
Banks & Analysts
Tech-transfer Centers
Tech Parks
Public & Press
Investors
Foundations
Research Labs
Swiss Start-up Monitor
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How to Start an Ecosystem? MedTech Ecosystem Mexico
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How to Start an Ecosystem? KAUST
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King Abdullah Bin Abdulaziz Al Saud: “It is my desire that this new University become one of the world's great institutions of research... The University shall have all the
resources that it needs to pursue these goals…” - 2009
10 bn USD initial endowment
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Global Ecosystem Project
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Sources: The Entrepreneurs‘ Ship®
Categorize 200k-300k organizations
evaluate & map ecosystems
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Global Entrepreneurship Ecosystem Project
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www.EntrepreneurShipEcosystems.com (coming soon)
Symbolic map
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Ecosystem Index
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Sources: The Entrepreneurs‘ Ship®
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Scientific Approaches for Assessment
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Primary Data Map, classify and analyze supporting organizations
Performance Measures Quantity of support in each of the dimensions
Quality of the support (e.g., via external raters)
Hard-facts (e.g., # participants, # projects funded, survival rates, jobs created etc)
Match between the regional USP and the pattern of ecosystem dimensions
Secondary Data National statistics offices
GEM
GEDI
Chambers of commerce
Companies Registrars
World Bank Doing Business Report
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When Building an Entrepreneurial Ecosystem, consider…
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Each ecosystem is unique
USP first!
Holistic implementation
Multi-stakeholder approach
Self-employment ≠ Entrepreneurship
Bureaucracy blocks innovation facilitate, don’t regulate!
Coordination and supervision
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A Call to Action…
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Governments
Promote the power of entrepreneurship as engine of economic growth
Remove the stigma of failure
Create networking opportunities
Create alternative funding opportunities and startup-friendly taxation
Entrepreneurs
Share stories
Help the next generation of entrepreneurs
Corporations
Sponsor incubators and accelerators
Recognize the contributions and success of entrepreneurs
Dr. Peter Vogel
Ecole Polytechique Fédérale de LausanneSwitzerland
Mail [email protected]: @pevogel
Web http://www.petervogel.org
Thank you for your attention.
“The reasonable man adapts himself to the world; the unreasonable one
persists in trying to adapt the world to himself. Therefore all progress
depends on the unreasonable man.” (George B. Shaw, 1856-1950)