5. Regions or places that can provide the necessary ingredients for the emerging tech-economy and implement tech-based economic development (TBED) strategies will remain competitive and economically relevant in the 21st century.
6.
7.
8.
9.
10. Success is dependent upon IP portfolios, tech-transfer and local/regional entrepreneurship
11. Success is measured by number of spin-outs and liquidity events. At best, rewards only “trickle-down” to the communities which host TBED efforts