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Building and Assessing Entrepreneurship Ecosystems

Dr. Peter Vogel
Chair for Entrepreneurship & Technology Commercialization
peter.vogel@epfl.ch
www.petervogel.org
Ecosystems

November 7th, 2013

2
Entrepreneurship Ecosystems
 Everything starts with a definition...

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.

November 7th, 2013

3
Entrepreneurship Ecosystems

Sources: The Entrepreneurs‘ Ship®
November 7th, 2013

4
Factors and Actors

November 7th, 2013

5
Factors and Actors

November 7th, 2013

6
Telescoping Ecosystems
Campus

Regional

National

November 7th, 2013

7
How to Start an Ecosystem?
The formation of an ecosystem is a positive, reinforcing loop:

Importance of the
location
Area attractive to
talents

Success Stories

Innovation

November 7th, 2013

8
How to Start an Ecosystem? Swiss MedTech
 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

November 7th, 2013

9
How to Start an Ecosystem? Success Factors in CH
 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,…)

November 7th, 2013

10
Swiss Startup Monitor

CTI
Research Labs
Start-ups
Public & Press
Cantons
Universities

Swiss Start-up
Monitor

Banks & Analysts
Foundations
Tech Parks

Investors
Tech-transfer Centers

November 7th, 2013

11
How to Start an Ecosystem? MedTech Ecosystem Mexico

November 7th, 2013

12
How to Start an Ecosystem? KAUST
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

November 7th, 2013

13
Global Ecosystem Project
Categorize 200k-300k
organizations

evaluate & map
ecosystems

Sources: The Entrepreneurs‘ Ship®
November 7th, 2013

14
Global Entrepreneurship Ecosystem Project
www.EntrepreneurShipEcosystems.com (coming soon)

Symbolic map
November 7th, 2013

15
Ecosystem Index

Sources: The Entrepreneurs‘ Ship®
November 7th, 2013

16
Scientific Approaches for Assessment
 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
November 7th, 2013

17
When Building an Entrepreneurial Ecosystem, consider…
 Each ecosystem is unique
 USP first!

 Holistic implementation
 Multi-stakeholder approach

 Self-employment ≠ Entrepreneurship
 Bureaucracy blocks innovation  facilitate, don’t regulate!

 Coordination and supervision

November 7th, 2013

18
A Call to Action…
 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
November 7th, 2013

19
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)

Dr. Peter Vogel
Ecole Polytechique Fédérale de Lausanne
Switzerland

Mail peter.vogel@epfl.ch
Twitter: @pevogel
Web http://www.petervogel.org

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6. vogel building and assessing entrepreneurial ecosystems

  • 1. Building and Assessing Entrepreneurship Ecosystems Dr. Peter Vogel Chair for Entrepreneurship & Technology Commercialization peter.vogel@epfl.ch www.petervogel.org
  • 3. Entrepreneurship Ecosystems  Everything starts with a definition... 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. November 7th, 2013 3
  • 4. Entrepreneurship Ecosystems Sources: The Entrepreneurs‘ Ship® November 7th, 2013 4
  • 8. How to Start an Ecosystem? The formation of an ecosystem is a positive, reinforcing loop: Importance of the location Area attractive to talents Success Stories Innovation November 7th, 2013 8
  • 9. How to Start an Ecosystem? Swiss MedTech  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 November 7th, 2013 9
  • 10. How to Start an Ecosystem? Success Factors in CH  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,…) November 7th, 2013 10
  • 11. Swiss Startup Monitor CTI Research Labs Start-ups Public & Press Cantons Universities Swiss Start-up Monitor Banks & Analysts Foundations Tech Parks Investors Tech-transfer Centers November 7th, 2013 11
  • 12. How to Start an Ecosystem? MedTech Ecosystem Mexico November 7th, 2013 12
  • 13. How to Start an Ecosystem? KAUST 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 November 7th, 2013 13
  • 14. Global Ecosystem Project Categorize 200k-300k organizations evaluate & map ecosystems Sources: The Entrepreneurs‘ Ship® November 7th, 2013 14
  • 15. Global Entrepreneurship Ecosystem Project www.EntrepreneurShipEcosystems.com (coming soon) Symbolic map November 7th, 2013 15
  • 16. Ecosystem Index Sources: The Entrepreneurs‘ Ship® November 7th, 2013 16
  • 17. Scientific Approaches for Assessment  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 November 7th, 2013 17
  • 18. When Building an Entrepreneurial Ecosystem, consider…  Each ecosystem is unique  USP first!  Holistic implementation  Multi-stakeholder approach  Self-employment ≠ Entrepreneurship  Bureaucracy blocks innovation  facilitate, don’t regulate!  Coordination and supervision November 7th, 2013 18
  • 19. A Call to Action…  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 November 7th, 2013 19
  • 20. 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) Dr. Peter Vogel Ecole Polytechique Fédérale de Lausanne Switzerland Mail peter.vogel@epfl.ch Twitter: @pevogel Web http://www.petervogel.org

Notes de l'éditeur

  1. 3 dimensions