Presentation given to Capital Factory in June 2013. My assessment of Austin's progression as an entrepreneurial community given the MIT method of community acceleration.

1. AUSTIN:THE NEXT SILICONVALLEY?
Beto Juárez III
Monday, July 15, 13

2. HI, I’M BETO
I enjoy:
1.
2.
3.
Monday, July 15, 13

3. HI, I’M BETO
I enjoy:
1.
2.
3.
Monday, July 15, 13

4. HI, I’M BETO
I enjoy:
1.
2.
3.
Monday, July 15, 13

5. HI, I’M BETO
I enjoy:
1.
2.
3.
Monday, July 15, 13

6. Monday, July 15, 13

7. Bill Aulet Scott Stern Fiona Murray
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8. Monday, July 15, 13

9. REAP PROGRAM ARCHITECTURE
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10. REAP PROGRAM ARCHITECTURE
2YEARS!
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11. REAP PROGRAM ARCHITECTURE
2YEARS!
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12. Monday, July 15, 13

13. THE MIT FRAMEWORK
1. Small, innovative companies vs. small businesses
2. Entrepreneurial and Innovative Capacity
3. Catalysts and Collective Impact
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14. VS.
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15. VS.
Global Scale
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16. VS.
Global Scale
Highly Scalable
Business Models
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17. VS.
Global Scale
Highly Scalable
Business Models
DefensibleTechnology /
Barrier to Entry
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18. VS.
Global Scale
Highly Scalable
Business Models
DefensibleTechnology /
Barrier to Entry
High-paying jobs
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19. VS.
Global Scale
Highly Scalable
Business Models
DefensibleTechnology /
Barrier to Entry
High-paying jobs
Quick wealth creation
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20. ENTREPRENEURIAL CAPACITY & INNOVATIVE CAPACITY
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21. Abundant
Productive
Land
Wine
Produce
Logistics / Trade
Information Technology
1980 1990 2002 +
Bioscience
Research
Centers
Mining and
Natural
Resources
Gold
Medical Devices
Biotech / Pharmaceuticals
Education and
Knowledge Creation
Travel and TourismIron / Aluminum Bauxite
Beef
Grains
Ag Research
Centers
Wool
CASE STUDY:AUSTRALIAN WINE CLUSTER
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22. Wine Industry National
Education and Training Council
! Established in 1995
! Focus: Coordination, integration, and standard
maintenance for vocational training and education
! Funding: Government; other cluster organizations
Cooperative Centre for Viticulture
! Established in 1991
! Focus: Coordination of research and education
policy in viticulture
! Funding: other cluster organizations
Australian Wine Export Council
! Established in 1992
! Focus: Wine export promotion through international
offices in London and San Francisco
! Funding: Government; cluster organizations
Winemakers’ Federation of Australia
! Established in 1990
! Focus: Public policy representation of companies in
the wine cluster
! Funding: Member companies
Grape and Wine R&D Corporation
! Established in 1991 as statutory body
! Focus: Funding of research and development
activities
! Funding: Government; statutory levy
Wine Industry Information Service
! Established in 1998
! Focus: Information collection, organization, and
dissemination
! Funding: Cluster organizations
CASE STUDY:AUSTRALIAN WINE CLUSTER
Monday, July 15, 13

23. CASE STUDY:AUSTRALIAN WINE CLUSTER
$0
$100
$200
$300
$400
$500
$600
$700
$800
$900
$1,000
1995 1996 1997 1998 1999 2000
0%
1%
2%
3%
4%
5%
6%
7%
8%
Value
Market Share
Source: UN Trade Statistics
Australian Wine
Exports in million US Dollars
Australian Wine
World Export Market Share
Trade Performance
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24. SO HOW DOES AUSTIN STACK UP?
E-
Capacit
y
I-
Capacity
Relative
Strength
Notes
Do ppl want to start companies? X
19% have entrepreneurial
intentions1
Are there mentors who are willing
to give their time?
X Observation
Do we produce innovative
technology?
X #11 in US, #9 per capita2
Linkages between entrepreneurs
and innovation?
“Texas entrepreneurs are less
innovative than the US average.”1
Source: 12012 Global Entrepreneurship Monitor US Report, 2Brookings Institution “Patenting Prosperity”
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25. WHAT ABOUT AUSTIN’S CLUSTERS?
Source: U.S. Cluster Mapping Project
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26. OKAY, SO HOW DOYOU BUILDTHRIVING
ENTREPRENEURIAL COMMUNITIES?
The Commitment of a Group of Important Actors from
Different SectorsTo a Common Agenda for Solving a
Specific Social Problem
IT’S NOT EASY!YOU NEED COLLECTIVE IMPACT
Mark Kramer,Academic/Super Hero
Monday, July 15, 13

27. A WORKINGTHESIS OF COLLECTIVE IMPACT FOR
BUILDING ENTREPRENEURIAL COMMUNITIES
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28. A WORKINGTHESIS OF COLLECTIVE IMPACT FOR
BUILDING ENTREPRENEURIAL COMMUNITIES
1. Set the table and invite the right people
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29. A WORKINGTHESIS OF COLLECTIVE IMPACT FOR
BUILDING ENTREPRENEURIAL COMMUNITIES
1. Set the table and invite the right people
Monday, July 15, 13

30. A WORKINGTHESIS OF COLLECTIVE IMPACT FOR
BUILDING ENTREPRENEURIAL COMMUNITIES
1. Set the table and invite the right people
2. Recruit a long-term leader and resource him sufficiently for success
Monday, July 15, 13

31. A WORKINGTHESIS OF COLLECTIVE IMPACT FOR
BUILDING ENTREPRENEURIAL COMMUNITIES
1. Set the table and invite the right people
2. Recruit a long-term leader and resource him sufficiently for success
Monday, July 15, 13

32. A WORKINGTHESIS OF COLLECTIVE IMPACT FOR
BUILDING ENTREPRENEURIAL COMMUNITIES
1. Set the table and invite the right people
2. Recruit a long-term leader and resource him sufficiently for success
Monday, July 15, 13

33. A WORKINGTHESIS OF COLLECTIVE IMPACT FOR
BUILDING ENTREPRENEURIAL COMMUNITIES
1. Set the table and invite the right people
2. Recruit a long-term leader and resource him sufficiently for success
3. Have the leader build, test, and refine entrepreneurial community
building for at least 10 years – all judged against a set of open and
measurable goals
Monday, July 15, 13

34. A WORKINGTHESIS OF COLLECTIVE IMPACT FOR
BUILDING ENTREPRENEURIAL COMMUNITIES
1. Set the table and invite the right people
2. Recruit a long-term leader and resource him sufficiently for success
3. Have the leader build, test, and refine entrepreneurial community
building for at least 10 years – all judged against a set of open and
measurable goals
Monday, July 15, 13

35. COMMUNITY DASHBOARD: BUILDING ACCOUNTABILITY
INTO COLLECTIVE IMPACT
Monday, July 15, 13

36. (FURTHER) READING LIST
• Acs, Zoltan, J., and Catherine Armington. Entrepreneurship, Geography, and American Economic
Growth. Cambridge University Press, 2006.
• Delgado, Mercedes, Michael E. Porter, and Scott Stern. "Clusters and entrepreneurship." Journal of
Economic Geography 10.4 (2010): 495-518.
• Feld, Brad. Startup Communities: Building an Entrepreneurial Ecosystem inYour City.Wiley, 2012.
• Furman, Jeffrey L., Michael E. Porter, and Scott Stern. "The determinants of national innovative
capacity." Research Policy 31.6 (2002): 899-933.
• Haltiwanger, John, Ron S. Jarmin, and Javier Miranda.“Who creates jobs? Small vs. large vs. young.”
Review of Economics and Statistics 0 (2010).
• HanleyBrown, Fay, John Kania, and Mark Kramer. "Channeling change: Making collective impact
work." published in the Stanford Social Innovation Review.Accessed February 9 (2012): 2012.
• Isenberg, Daniel J. "How to start an entrepreneurial revolution." Harvard Business Review 88.6
(2010): 40-50.
• Kania, J. and Kramer, Mark R. Embracing Emergence: How Collective Impact Addresses
Complexity. Stanford Social Innovation Review Blog. May 16, 2013.
• Lerner, Josh. Boulevard of broken dreams: why public efforts to boost entrepreneurship and
venture capital have failed--and what to do about it. Princeton University Press, 2009.
• Roberts Edward, and Charles Eesly.“Entrepreneurial impact:The role of MIT.” (2009).
• Saxenian,AnnaLee. Regional advantage: Culture and competition in Silicon
Valley and Route 128. Harvard University Press, 1996.
Monday, July 15, 13

37. THANKS FOR LISTENING
betojuareziii.com
betoiii@gmail.com
@betoiii
Monday, July 15, 13