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Keynote Boyd Cohen - Urban Entrepreneurship and Smart City 3.0 - Mindtrek 2016

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Keynote at Mindtrek 2016
Boyd Cohen, Ph.D. Professor of Entrepreneurship & Sustainability
EADA Business School, Barcelona

Urban Entrepreneurship and Smart City 3.0

Published in: Technology
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Keynote Boyd Cohen - Urban Entrepreneurship and Smart City 3.0 - Mindtrek 2016

  1. 1. Boyd Cohen, Ph.D. Professor of Entrepreneurship & Sustainability EADA Business School, Barcelona
  2. 2. Sustainability Cities Innovation/ Entrepreneurs hip Smart, Sustainable & Entrepreneurial CitiesSustainable Entrepreneurship Local & Regional Entrepreneurial Ecosystems RESEARCH STREAMS
  3. 3. Pioneering Cities Barcelona Copenhagen Helsinki Singapore Vancouver Vienna Emerging Smart Cities Brisbane Los Angeles Montreal Next Stage Cities Bogota
  4. 4. SMART CITIES 1.0: TECHNOLOGY DRIVEN SMART CITIES 2.0: TECHNOLOGY ENABLED, CITY-LED SMART CITIES 3.0: CITIZEN CO-CREATION 3 Generations of Smart Cities
  5. 5. 4,500 new companies have moved to the district since 2000, employing 56,000
  6. 6. THE SHARING ECONOMY PROJECT ED TO REACH $335 BILLION BY 2025
  7. 7. @boydcohen
  8. 8. @boydcohen Collaborative
  9. 9. @boydcohen Collaborative
  10. 10. @boydcohen Collaborative
  11. 11. 26
  12. 12. Beginning in the early 2000s, instead of selling your car to afford hardware, you could sell a coffee table and afford it. Over the past 15 years, many costs associated with building products—servers, databases, all the once-homerolled things that are now available as cheap SaaS products—dropped immensely. This ushered in an era where startups were lean and could do with $250,000 what a startup in the ’90s could do with $2,500,000. It led to 10 times more products launching, 10 times as fast. It’s been a prosperous and successful era for the Internet. Only a few costs remained high: labor, office space, accounting, legal, marketing, etc . . . it dawned on me that we’re now entering a new era, and all those remaining costs—labor, office space, accounting, legal, marketing, etc.— are dropping to the floor. Just like last time around, it’s going to mean that we see 10 times more products launching, 10 times as fast. It means we can do with $250 what a startup five years ago could do with $250,000
  13. 13. 1) Better Designed Cities 2) Smart Cities 3) Adoption of Soft Infrastructure 4) Better safety nets 5) US Already Lost Lead in Innovation 6) Declining Role of VC 7) Better Policy for Immigrant Entrepreneurs
  14. 14. IN CONCLUSION: I LIKE CIRCLES Sustainability Cities Innovation/ Entrepreneursh ip bcohen@eada.edu www.urbaninnova.com

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