austin silicon valley? cf prez 12 jul2013

AUSTIN: THE NEXT SILICON VALLEY?Beto Juárez III

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HI, I’M BETOI enjoy:

1.

2.

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Bill Aulet Scott Stern Fiona MurrayMonday, July 15, 13

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REAP PROGRAM ARCHITECTURE

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REAP PROGRAM ARCHITECTURE

2 YEARS!Monday, July 15, 13

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THE MIT FRAMEWORK

1. Small, innovative companies vs. small businesses

2. Entrepreneurial and Innovative Capacity

3. Catalysts and Collective Impact

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VS.

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VS.

Global Scale

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VS.

Global Scale

Highly Scalable Business Models

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VS.

Global Scale


Defensible Technology / Barrier to Entry

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VS.

Global Scale



High-paying jobs

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VS.

Global Scale



High-paying jobs

Quick wealth creation

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ENTREPRENEURIAL CAPACITY & INNOVATIVE CAPACITY

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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

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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


!  Focus: Coordination of research and education policy in viticulture

!  Funding: other cluster organizations

Australian Wine Export Council


!  Focus: Wine export promotion through international offices in London and San Francisco

!  Funding: Government; cluster organizations

Winemakers’ Federation of Australia


!  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


!  Focus: Information collection, organization, and dissemination

!  Funding: Cluster organizations


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$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

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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”

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WHAT ABOUT AUSTIN’S CLUSTERS?

Source: U.S. Cluster Mapping Project

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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

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A WORKING THESIS OF COLLECTIVE IMPACT FOR BUILDING ENTREPRENEURIAL COMMUNITIES

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1. Set the table and invite the right people

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2. Recruit a long-term leader and resource him sufficiently for success

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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

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COMMUNITY DASHBOARD: BUILDING ACCOUNTABILITY INTO COLLECTIVE IMPACT

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(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.

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THANKS FOR LISTENING

[email protected]

@betoiii

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