austin silicon valley? cf prez 12 jul2013
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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.TRANSCRIPT
AUSTIN: THE NEXT SILICON VALLEY?Beto Juárez III
Monday, July 15, 13
HI, I’M BETOI enjoy:
1.
2.
3.
Monday, July 15, 13
HI, I’M BETOI enjoy:
1.
2.
3.
Monday, July 15, 13
HI, I’M BETOI enjoy:
1.
2.
3.
Monday, July 15, 13
HI, I’M BETOI enjoy:
1.
2.
3.
Monday, July 15, 13
Monday, July 15, 13
Bill Aulet Scott Stern Fiona MurrayMonday, July 15, 13
Monday, July 15, 13
REAP PROGRAM ARCHITECTURE
Monday, July 15, 13
REAP PROGRAM ARCHITECTURE
2 YEARS!Monday, July 15, 13
REAP PROGRAM ARCHITECTURE
2 YEARS!Monday, July 15, 13
Monday, July 15, 13
THE MIT FRAMEWORK
1. Small, innovative companies vs. small businesses
2. Entrepreneurial and Innovative Capacity
3. Catalysts and Collective Impact
Monday, July 15, 13
VS.
Monday, July 15, 13
VS.
Global Scale
Monday, July 15, 13
VS.
Global Scale
Highly Scalable Business Models
Monday, July 15, 13
VS.
Global Scale
Highly Scalable Business Models
Defensible Technology / Barrier to Entry
Monday, July 15, 13
VS.
Global Scale
Highly Scalable Business Models
Defensible Technology / Barrier to Entry
High-paying jobs
Monday, July 15, 13
VS.
Global Scale
Highly Scalable Business Models
Defensible Technology / Barrier to Entry
High-paying jobs
Quick wealth creation
Monday, July 15, 13
ENTREPRENEURIAL CAPACITY & INNOVATIVE CAPACITY
Monday, July 15, 13
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 Tourism Iron / Aluminum Bauxite
Beef
Grains
Ag Research Centers
Wool
CASE STUDY: AUSTRALIAN WINE CLUSTER
Monday, July 15, 13
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
CASE STUDY: AUSTRALIAN WINE CLUSTER
$0$100$200$300$400$500$600$700$800$900
$1,000
1995 1996 1997 1998 1999 20000%
1%
2%
3%
4%
5%
6%
7%
8%
ValueMarket Share
Source: UN Trade Statistics
Australian Wine Exports in million US Dollars
Australian Wine World Export Market Share
Trade Performance
Monday, July 15, 13
SO HOW DOES AUSTIN STACK UP?E-
Capacity
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”
Monday, July 15, 13
WHAT ABOUT AUSTIN’S CLUSTERS?
Source: U.S. Cluster Mapping Project
Monday, July 15, 13
OKAY, SO HOW DO YOU BUILD THRIVING ENTREPRENEURIAL COMMUNITIES?
The Commitment of a Group of Important Actors from Different Sectors To 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
A WORKING THESIS OF COLLECTIVE IMPACT FOR BUILDING ENTREPRENEURIAL COMMUNITIES
Monday, July 15, 13
A WORKING THESIS OF COLLECTIVE IMPACT FOR BUILDING ENTREPRENEURIAL COMMUNITIES
1. Set the table and invite the right people
Monday, July 15, 13
A WORKING THESIS OF COLLECTIVE IMPACT FOR BUILDING ENTREPRENEURIAL COMMUNITIES
1. Set the table and invite the right people
Monday, July 15, 13
A WORKING THESIS 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
A WORKING THESIS 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
A WORKING THESIS 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
A WORKING THESIS 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
A WORKING THESIS 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
COMMUNITY DASHBOARD: BUILDING ACCOUNTABILITY INTO COLLECTIVE IMPACT
Monday, July 15, 13
(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 in Your 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