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Supporting ecosystems
for young scalable firms
Glenda Napier
Head of Analysis, REG X
OECD Meeting in the Hague, Thursday 7 November 2013
Today‟s outline
• Background
• Entrepreneurship ecosystems
• Policy implications
Background
A bulk of recent ecosystem
analysis and publications
However,
entrepreneurs are

MANY but remain
SMALL
Ecosystems for scalable firms
Entrepreneurial Ecosystems (2011)
Successful
blockbuster
reinvesting

Established
firms

Added value

Added value
Dealmakers
Service providers

Serial entrepreneurs

Knowledge
institutions

Added value
Added value

Risk capital

$
Benchmarking ecosystems
Entrepreneurial ecosystems
• Dynamic systems with heavy private
sector involvement
• Ecosystems build on local
geographical systems and have global
outreach
• The strength of ecosystems vary
across cities and industries and stages
• Ecosystems are sector-specific and
connects to cluster policies.
Policy implications
A new perspective
- from ”checking off” framework conditions to
creating the glue between them and facilitate
collaboration

Framework condition 1
Framework condition 2
Framework condition 3

Framework condition 4
Framework condition 5

F
C

1

F
C
FC
3
F
C
2

4

F
C
5

Ecosystem glue:
Serial
entrepreneurs
dealmakers, experi
enced
management
teams
Startup-America Partnership to
develop stronger ecosystems
America’s Top Entrepreneurs and Business Leaders Form New
Alliance
Launched at the White House in January 2011, the Startup America
Partnership is an independent alliance of top entrepreneurs,
investors, corporations, universities, foundations, and other
leaders, joining together to grow the entrepreneurial ecosystems that
support innovative, high-growth U.S. startups.
The Startup America Partnership has already mobilized more
than $1 billion in private-sector commitments to provide
products, services, mentorship and funding to scale and grow
100,000 U.S. startups over the next three years.
Recommendations – KNOWLEDGE
• Revisit framework conditions and include measures
for “ecosystem glue”
• Conduct ecosystem analysis based on ecosystem
model and identify it‟s strengths and weaknesses
• Develop more nuanced and internationally
comparable data on entrepreneurship (sectors and
metropolis)
• Better understanding of serial entrepreneurs
• New internationally comparable performance data
and indicators reflecting the „born-big‟ and
blockbuster firm activities
15
Recommendations – ACTION
• Shape sector-specific and geographically anchored
ecosystems for growth entrepreneurs
• Identify and involve key actors within the different
groups such as serial entrepreneurs, established firms,
etc.
• Engage in an Entrepreneurship Ecosystem Dialogue
with the participation of key ecosystem actors (see
above) and with a heavy private sector commitment
• Integrate ecosystem and cluster policy development
in order to facilitate/strengthen sector-specific
ecosystems

16
Thank you!
Glenda Napier
Head of Analysis
glenda@regx.dk

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3. napier supporting ecosystems for young scalable firms

  • 1. Supporting ecosystems for young scalable firms Glenda Napier Head of Analysis, REG X OECD Meeting in the Hague, Thursday 7 November 2013
  • 2. Today‟s outline • Background • Entrepreneurship ecosystems • Policy implications
  • 4. A bulk of recent ecosystem analysis and publications
  • 5.
  • 7.
  • 9. Entrepreneurial Ecosystems (2011) Successful blockbuster reinvesting Established firms Added value Added value Dealmakers Service providers Serial entrepreneurs Knowledge institutions Added value Added value Risk capital $
  • 11. Entrepreneurial ecosystems • Dynamic systems with heavy private sector involvement • Ecosystems build on local geographical systems and have global outreach • The strength of ecosystems vary across cities and industries and stages • Ecosystems are sector-specific and connects to cluster policies.
  • 13. A new perspective - from ”checking off” framework conditions to creating the glue between them and facilitate collaboration Framework condition 1 Framework condition 2 Framework condition 3 Framework condition 4 Framework condition 5 F C 1 F C FC 3 F C 2 4 F C 5 Ecosystem glue: Serial entrepreneurs dealmakers, experi enced management teams
  • 14. Startup-America Partnership to develop stronger ecosystems America’s Top Entrepreneurs and Business Leaders Form New Alliance Launched at the White House in January 2011, the Startup America Partnership is an independent alliance of top entrepreneurs, investors, corporations, universities, foundations, and other leaders, joining together to grow the entrepreneurial ecosystems that support innovative, high-growth U.S. startups. The Startup America Partnership has already mobilized more than $1 billion in private-sector commitments to provide products, services, mentorship and funding to scale and grow 100,000 U.S. startups over the next three years.
  • 15. Recommendations – KNOWLEDGE • Revisit framework conditions and include measures for “ecosystem glue” • Conduct ecosystem analysis based on ecosystem model and identify it‟s strengths and weaknesses • Develop more nuanced and internationally comparable data on entrepreneurship (sectors and metropolis) • Better understanding of serial entrepreneurs • New internationally comparable performance data and indicators reflecting the „born-big‟ and blockbuster firm activities 15
  • 16. Recommendations – ACTION • Shape sector-specific and geographically anchored ecosystems for growth entrepreneurs • Identify and involve key actors within the different groups such as serial entrepreneurs, established firms, etc. • Engage in an Entrepreneurship Ecosystem Dialogue with the participation of key ecosystem actors (see above) and with a heavy private sector commitment • Integrate ecosystem and cluster policy development in order to facilitate/strengthen sector-specific ecosystems 16
  • 17. Thank you! Glenda Napier Head of Analysis glenda@regx.dk