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.
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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
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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
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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,…)
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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
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12. How to Start an Ecosystem? MedTech Ecosystem Mexico
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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
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14. Global Ecosystem Project
Categorize 200k-300k
organizations
evaluate & map
ecosystems
Sources: The Entrepreneurs‘ Ship®
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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
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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
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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
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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