There's an exciting movement taking place — and it's creating lots of jobs http://cnb.cx/2p4uias
https://www.linkedin.com/…/how-scale-up-regional-economies-… Ecosystems for Growth
Since 2009, after three decades as entrepreneur, investor, and professor, I and a small band of collaborators have been tackling a fundamental problem facing hundreds of urban and quasi-urban economic regions around the globe: How to accelerate broad-based prosperity, using only existing regional assets, and to accelerate this growth in a way that is rapid, relatively cheap, robust and replicable. Now, almost a decade later, a pattern has evolved into a methodology that meets these criteria, and which appears to be self-sustaining and even self-accelerating. At the heart of this methodology are three guiding principles or action levers:
"Don’t expect investors to be too logical, rational, or well-organized. The say “no” when they mean “yes,” “yes” when they really want to say “no,” say they are different from the others, which is what everyone says, claim to add value when they really want to extract it, support the entrepreneurs until they don’t, say they don’t invest in “that” (eg search engines, big data, consumer) except they do. In short, 80% of it is the individual partner and how much s/he is really able to roll up their sleeves and do some of the heavy lifting in a smart way. When it works, it REALLY works. 10% of it is the method, the firm. 10% of it is luck.
Or maybe the other way around."
An email I just wrote to one of my investees as they are meeting with VCs for Series A
Recent must read by Profs Ross Brown and Suzzane Mawson: Tackling Myths in Entrepreneurship Policy: What high growth firms really look like.” Mar 22 2017. http://centreforentrepreneurs.org/tackling-myths-entrepren…/
Check out November 7-9 2016, Driving Economic Growth through Entrepreneurship Ecosystems http://www.babson.edu/…/driving-economic-gr…/Pages/home.aspx
El Mundo Entrepreneurs Create Value, Not Disruptive Innovation, February 2, 2015 http://bit.ly/ElMundo_Value