tci 2016 the journey: startups and innovation in the us and eu
TRANSCRIPT
Titel presentatie[Naam, organisatienaam]
Summit Day – The international perspective on clusters and their physical location
Constantijn van Oranje-Nassau,Special Envoy StartupDelta
The journey: startups and innovation in the US and EU
StartupDelta
The journey: startups and innovation in the US and EU
Government
Startups
Corporations
Universities
…how do these trends interact?
Decreasing legitimacy and effectiveness of government & traditional policy instruments (regulation, subsidy)
Pressure on corporates from new business models & technologies
Importance of innovation & startups for growth & competitiveness
Dealing with Digital & Data disruption
Seeking sustained relevance; staying on top of technology; new forms of education, increased importance of entrepreneurship
• Startup ecosystem strategies– Silicon Valley, Boston, NY stand apart from the rest:
• Concentration of talent, capital, experience, technology– Every city & state is aiming to catch up (like rest of the world)
• Support for incubators, accelerators and co-working spaces • Startup policies: tax breaks, training, VC support• Awareness raising: campaigns• Connecting networks: pitch tours by bus, events, role models
– We are all at the starting line of an explosion of new data driven digital businesses:• Low costs; easy access to tools and capacity. • Major efficiency gains affecting legacy interests
What did I learn from the US?
It is all in our minds…
Created by IABR
• NL is neither US, nor Silicon Valley, nor China or Singapore• NL is more like a small state in the US but without an internal
market of 350m and it is punching far above its weight • To credibly claim a leading position it must do something(s)
exceptionally well to attract the necessary talent, capital, and business
• The whole world is in the starting blocks, ready to jump into the game (Incubators, coding programs, and VC funds…), global competition
• It doesn’t take much to make an impact, as long as there is focus and willingness to take decisions and prioritize
Lessons learnt for NL
• Iconic connected capital Amsterdam • Legacy of innovation clusters and solid government institutions
supportive of innovation• Impressive pool of internationally oriented start/scaleups across
all sectors• Leading multi-nationational corporations • Good education and research institutions • Highly educated English speaking flexible workforce• High quality infrastructure
…these provide a great platform if NL is able to mobilise it
NL strengths
Can many clusters come together in one single Hub?
Rank Stad Land Rank Market Rank Stad Land Rank Market1 Silicon Valley VS 4 11 Paris France 62 New York City VS 1 12 Sao Paulo Brazil 113 Los Angeles VS 2 13 Moskou Rusland 84 Boston VS 7 14 Austin US 185 Tel Aviv Israel 13 15 Bangalore India 206 Londen UK 3 16 Sydney Australia 177 Chicago VS 5 17 Toronto Canada 148 Seattle VS 12 18 Vancouver Canada 15
9 Berlin Germany 19 19 AmsterdamNetherlands 10
10 Singapore Singapore 9 20 Montreal Canada 16
Progressing to the top!
• Lack of urgency and ambition• Vested sectoral and regional interests• Incremental vs disruptive innovation• Startup hype vs priority for long term
competitiveness• Starting ≠ Scaling• Research ≠ Innovation• Volume in funding ≠ Smartness in funding
Double Dutch: challenges
Professionalize start-up hubs in the
Netherlands, and link hubs and
players across the Netherlands
Promote the Dutch ecosystem
abroad, and connect start-ups with international
ecosystems
Serving and translating the interests of the
start-up ecosystem to policy makers
STRENGTHEN AT HOME
CONNECT WITH THE WORLD
ADVOCATE FOR THE FUTURE
Vision: To make the Netherlands the best ecosystem in Europe for starting, growing and internationalizing businesses.
Startup Delta to move the needle?
One Single Hub
Access to Capital
Access to Networks
Access to Markets
Access to Talent & Skills
Access to Knowledge & Technology
Connect & promote the Dutch startup ecosystem as One Single Hub
Grow overall pool of ‘smart’ funding for startups
Attract more foreign (VC) funds
Link NL startups to
the rest of the world
Increase and improve quality of mentoring for startups
Attract & support foreign startups in The Netherlands
Contribute to relevant international startup networks to complete the European Single Market
Open up public procurement to
startups
Lower barriers for launching customers: connect startups & corporates
Remove barriers for startups and increase access for startups to EU markets
Address shortage in tech talent
Facilitate entrepreneurship in education
Boost academic startups
Action Plan
• None of these actions are easy but neither are they ground-breakingly difficult.
• Requires awareness, positive will to connect the dots, work together and accelerate along common narrative on innovation and entrepreneurship
• Develop common objectives and projects, empower and share responsibility, and agree on indicators for success.
• Support the innovators, don’t start by changing the system
Conclusions: Yes we can! wir schaffen das!!!
Extra slides
Cities: Philadelphia, Washington DC, Seattle, San Francisco/Silicon Valley, Phoenix, Chicago, Boston, Cambridge, New York, AtlantaGovernment innovation:•CDO/CIOs of federal, states & city governments: Seattle, San Fransisco, White House, FBI, Chicago, UN Pulse…•NGO/think tanks: Code for America, Data transparency Coalition, Open Data Now,…•Academics & researchers: University of Philadelphia, Wharton, SRI, Stanford, MIT, Harvard, NYU, Georgetown, University of Chicago, Pew research, Lux Research, ITIF, … Corporate innovation strategy•Corporate (R&D): IBM, Google, Deloitte, News Corp, Bloomberg, Reed Elsevier/Lexis Nexis, Marsh & McLennan CompaniesStartup Eco-sytems: •Incubators/startup support: Dept of Commerce, Startup America, Tech Stars, 1871, Venture for America, General Assembly, 1776, iLab, Atlanta Tech Village, ....•VC & Angels: Seed & Bloom, Gov Tech Fund, …•Startups: Socrata, Cloudera, High Street Genome, Palantir,…
7 weeks US spring 2015
• One Single Hub: NL must pull together and maximise all its resources into one connected ecosystem. Leading regional clusters should aim to become a platform for other regional players in NL and beyond
• Access to Talent: The 'West Coast' of Europe must be open and attractive to all its talent, like Silicon Valley is; and provide seamless access to global startup hotspots and VC
• Access to Capital: Growing the pool of VC (domestic and foreign), improve transparency in early stage funding opportunities (private and public), the high potentials need to be found by the money that can let them scale up
• Access to market: Dutch government must embrace and facilitate innovation friendly policies, including innovative public procurement and actively lobby for a rapid deployment of EU Digital Single Market policies
• Access to knowledge: Universities need to assume their central role in developing technology and supporting its commercialization through professional TTOs
• Access to networks: Support for internationalisation of Dutch startups, acquisition of strategic foreign investments, supporting mentoring networks here and abroad
Time for Action
• Dare: think big, long term, and serve a higher purpose
• Focus: prioritize and be exceptional in something, identify ‘unfair advantages’ and build on your strengths
• Experiment: move from linear strategy to agile approaches that allow continuous testing, measuring and iterating
• Share: open up or die; build ecosystems, use collective intelligence and empower people
• Execute: ensure speed and rapid scaling
…these apply to government, business and startups
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