Model Eco-systems Decision Systems Lab University of Wollongong.
Understanding Business Eco-Systems
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2012 INTRO
Transcript of Understanding Business Eco-Systems
2012
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0.001% of all business started in Denmark explode to great heights and
are global image makers
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99% of all business started in Denmark remain less than 10 people in size and hardly contribute to the global image of
the country.
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In other places the ratios are :
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facts and figures....
In other places the ratios are :
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Why does this happen in some places and not in others!
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What does it take to make a big hub for entrepreneurship 2.0?
Why does this happen in some places and not in others!
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We are going to tell you a story
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We are going to tell you a story
a story of why these hotbeds of
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We are going to tell you a story
a story of why these hotbeds ofinnovation
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We are going to tell you a story
a story of why these hotbeds ofinnovation, creativity
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We are going to tell you a story
a story of why these hotbeds ofinnovation, creativity and entrepreneurship
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We are going to tell you a story
a story of why these hotbeds of
flourish in some places and do not in others.
innovation, creativity and entrepreneurship
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Why is this important?
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Why is this important?
Established large companies need to catalyse a new wave of startups for their own sake.
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Why is this important?
New entrepreneurs need to look at unconventional ways and also see how they can sow the seeds for a new eco-system.
Established large companies need to catalyse a new wave of startups for their own sake.
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Where do we have good eco-systems?
ECO-SYSTEMS
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Where do we have good eco-systems?
BoulderSilicon Valley
Toronto
San DiegoAustin RtpPhoenixDenver
Minneapolis
ChicagoMontrealSeattle
ECO-SYSTEMS
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Where do we have good eco-systems?
BoulderSilicon Valley
Toronto
San DiegoAustin RtpPhoenixDenver
Minneapolis
ChicagoMontrealSeattle
StockholmCopenhagen
Cambridge
London
ECO-SYSTEMS
New figure
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Why is it so...
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Why is it so...We know this true
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Why is it so...
- it was presumed that specific clusters were random -
We know this true
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Why is it so...
- it was presumed that specific clusters were random -
We know this true
depending onindividuals, culture and geography
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Why is it so...
- it was presumed that specific clusters were random -
We know this true
BUT
depending onindividuals, culture and geography
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Why is it so...
- it was presumed that specific clusters were random -
going by research, it is our hypothesis that this could happen by intent
everywhere.
We know this true
BUT
depending onindividuals, culture and geography
INTRO ECO-SYSTEMS
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INTRO ECO-SYSTEMS
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INTRO ECO-SYSTEMS
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The Eco-System
INTRO ECO-SYSTEMS
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The Eco-System
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Capital
2012
The Eco-System
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
2012
The Eco-System
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
2012
The Eco-System
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
2012
The Eco-System
Start-up phase3-10 1-2 years
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
Support
Capital
Competences Knowledge
Universities
Companies
Advisors
Intermediaries
2012
The Eco-System
Start-up phase3-10 1-2 years
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
Support
Capital
Competences Knowledge
Universities
Companies
Advisors
Intermediaries
2012
The Eco-System
Start-up phase3-10 1-2 years
Growth phase10-40 2-5 years
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
Support
Capital
Competences Knowledge
Universities
Companies
Advisors
Intermediaries
2012
The Eco-System
Start-up phase3-10 1-2 years
Growth phase10-40 2-5 years
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
Support
Capital
Competences Knowledge
Universities
Companies
Advisors
Intermediaries
2012
The Eco-System
Start-up phase3-10 1-2 years
Growth phase10-40 2-5 years
Scalable phase500+ 5 years +
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
Support
Capital
Competences Knowledge
Universities
Companies
Advisors
Intermediaries
2012
The Eco-System
Start-up phase3-10 1-2 years
Growth phase10-40 2-5 years
Scalable phase500+ 5 years +
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
Support
Capital
Competences Knowledge
Universities
Companies
Advisors
Intermediaries
2012
The Eco-System
Start-up phase3-10 1-2 years
Growth phase10-40 2-5 years
Scalable phase500+ 5 years +
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
Support
Capital
Competences Knowledge
Universities
Companies
Advisors
Intermediaries
2012
The Eco-System
Start-up phase3-10 1-2 years
Growth phase10-40 2-5 years
Scalable phase500+ 5 years +
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
Support
Capital
Competences Knowledge
Universities
Companies
Advisors
Intermediaries
2012
The Eco-System
Start-up phase3-10 1-2 years
Growth phase10-40 2-5 years
Scalable phase500+ 5 years +
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
Support
Capital
Competences Knowledge
Universities
Companies
Advisors
Intermediaries
2012
The Eco-System
Start-up phase3-10 1-2 years
Growth phase10-40 2-5 years
Scalable phase500+ 5 years +
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
Support
Capital
Competences Knowledge
Universities
Companies
Advisors
Intermediaries
2012
The Eco-System
Start-up phase3-10 1-2 years
Growth phase10-40 2-5 years
Scalable phase500+ 5 years +
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
Support
Capital
Competences Knowledge
Universities
Companies
Advisors
Intermediaries
2012
The Eco-System
Start-up phase3-10 1-2 years
Growth phase10-40 2-5 years
Scalable phase500+ 5 years +
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
Support
Capital
Competences Knowledge
Universities
Companies
Advisors
Intermediaries
2012
The Eco-System
Start-up phase3-10 1-2 years
Growth phase10-40 2-5 years
Scalable phase500+ 5 years +
INTRO ECO-SYSTEMS
Support
Competences Knowledge
Universities
CompaniesAdvisors
Intermediaries
Capital
Support
Capital
Competences Knowledge
Universities
Companies
Advisors
Intermediaries
2012
The Eco-System
Start-up phase3-10 1-2 years
Growth phase10-40 2-5 years
Scalable phase500+ 5 years +
INTRO ECO-SYSTEMS
Bio tech cluster map
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Methods used to research
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Methods used to research
Bench mark ReportReport 1
INTRO ECO-SYSTEMS REPORTS
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Methods used to research
Bench mark ReportReport 1
TraveloguesReport 2
INTRO ECO-SYSTEMS REPORTS
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Methods used to research
Bench mark ReportReport 1
TraveloguesReport 2
Bio Tech ClusterReport 3
INTRO ECO-SYSTEMS REPORTS
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Bench mark ReportReport 1
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We did the following in the bench mark study
Bench mark ReportReport 1
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TraveloguesReport 2
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We interviewed a wide mix of people who have system overview and have been deeply
involved in these global hubs
TraveloguesReport 2
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We interviewed a wide mix of people who have system overview and have been deeply
involved in these global hubs
We tried to look at both good and bad practicesand cover a heterogeneous opinion group
TraveloguesReport 2
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INTRO ECO-SYSTEMS REPORTS
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“If the region's two most successful IT companies, SAS Institute and RedHat had had the same open and innovative culture and had employee shares options as many companies in SiliconValley, Austin RTP could have been one of America's very successful entrepreneurial regions.”
Amit Singh, entrepreneur of Indian origin, 800 employees, including 50 in RTP
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“La Repubblica riconosce a tutti i cittadini il diritto al lavoro e promuove le condizioni che rendano effettivo questo diritto.”
John Doe, CEO Microsoft, Atlanta
“If the region's two most successful IT companies, SAS Institute and RedHat had had the same open and innovative culture and had employee shares options as many companies in SiliconValley, Austin RTP could have been one of America's very successful entrepreneurial regions.”
Amit Singh, entrepreneur of Indian origin, 800 employees, including 50 in RTP
INTRO ECO-SYSTEMS REPORTS
2012
“La Repubblica riconosce a tutti i cittadini il diritto al lavoro e promuove le condizioni che rendano effettivo questo diritto.”
John Doe, CEO Microsoft, Atlanta
“La Repubblica riconosce a tutti i cittadini il diritto al lavoro e promuove le condizioni che rendano effettivo questo diritto.”
John Doe, CEO Microsoft, Atlanta
“If the region's two most successful IT companies, SAS Institute and RedHat had had the same open and innovative culture and had employee shares options as many companies in SiliconValley, Austin RTP could have been one of America's very successful entrepreneurial regions.”
Amit Singh, entrepreneur of Indian origin, 800 employees, including 50 in RTP
INTRO ECO-SYSTEMS REPORTS
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INTRO ECO-SYSTEMS REPORTS
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We analyzed for the report points to three key insights.
INTRO ECO-SYSTEMS REPORTS
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We analyzed for the report points to three key insights.
1. Known: there must be a good framework for entrepreneurshipand necessary resources in terms of knowledge, skills and capital.
INTRO ECO-SYSTEMS REPORTS
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We analyzed for the report points to three key insights.
1. Known: there must be a good framework for entrepreneurshipand necessary resources in terms of knowledge, skills and capital.
2. New: a single or a few established companies sees an interest in helping to build a cluster.
INTRO ECO-SYSTEMS REPORTS
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We analyzed for the report points to three key insights.
1. Known: there must be a good framework for entrepreneurshipand necessary resources in terms of knowledge, skills and capital.
2. New: a single or a few established companies sees an interest in helping to build a cluster.
3. Successful entrepreneurs are in the region and reinvest the time and resources in the ecosystem.
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The Key actors
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The Key actors
1. Established Companies
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The Key actors
1. Established Companies
2. Knowledge creation
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The Key actors
1. Established Companies
2. Knowledge creation
3. Venture Capital
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The Key actors
1. Established Companies
2. Knowledge creation
3. Venture Capital
4. Deal Makers
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The Key message from this is that we have to shift the mind-set of existing large companies
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to help reinvest in local startups.
The Key message from this is that we have to shift the mind-set of existing large companies
INTRO ECO-SYSTEMS REPORTS ACTORS
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to help reinvest in local startups.
The Key message from this is that we have to shift the mind-set of existing large companies
Startups needs to have high ambitions to spinoff and become serial entrepreneurs.
INTRO ECO-SYSTEMS REPORTS ACTORS
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This also requires 3 types of catalysts in the eco-system
INTRO ECO-SYSTEMS REPORTS INDICATORS CATALYSTS
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This also requires 3 types of catalysts in the eco-system
1. Deal makerspeople with business acumen and connections
INTRO ECO-SYSTEMS REPORTS INDICATORS CATALYSTS
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This also requires 3 types of catalysts in the eco-system
1. Deal makerspeople with business acumen and connections
2. Super nodespeople with large vision and connections
INTRO ECO-SYSTEMS REPORTS INDICATORS CATALYSTS
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This also requires 3 types of catalysts in the eco-system
1. Deal makerspeople with business acumen and connections
2. Super nodespeople with large vision and connections
3. Business angelscommitment from established companies
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How do we attract and retain these catalysts?
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CALL FOR ACTION
INTRO ECO-SYSTEMS REPORTS INDICATORS CATALYSTS ACTION
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CALL FOR ACTION
Who should act?
INTRO ECO-SYSTEMS REPORTS INDICATORS CATALYSTS ACTION
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CALL FOR ACTION
Who should act?
Established companies
INTRO ECO-SYSTEMS REPORTS INDICATORS CATALYSTS ACTION
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CALL FOR ACTION
Who should act?
Established companiesSmall startups
INTRO ECO-SYSTEMS REPORTS INDICATORS CATALYSTS ACTION
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CALL FOR ACTION
Who should act?
Established companiesSmall startupsPension funds
INTRO ECO-SYSTEMS REPORTS INDICATORS CATALYSTS ACTION
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CALL FOR ACTION
Who should act?
Established companiesSmall startupsPension funds
Universities
INTRO ECO-SYSTEMS REPORTS INDICATORS CATALYSTS ACTION
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INTRO ECO-SYSTEMS REPORTS INDICATORS CATALYSTS ACTION
