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Tech Innovation Ecosystems 
ICT Unit World Bank 
The Case of New York: 
How To Create a Vibrant and Sustainable Ecosystem?
What New York Lacked? 
Talent 
Capital 
Space 
Community
Policies to Adress Each Weakness 
Education 
Seed Funding 
Collaboration Spaces 
Challenges & Promotion
Title of Presentation 
5
0.7 – 2.5 
Investment 
VC (US$ B) 
10 - 27 
Exits >US$500M 
22% 
Founders 
not tech 
44% 
Jobs below Masters
Contacts: 
Victor Mulas 
ICT Innovation Specialist 
vmulas@worldbank.org 
Hallie Applebaum 
Open Innovation Specialist 
ha...
Sources: 
•Center for an Urban Future. 2012. “New Tech City.” https://nycfuture.org/pdf/New_Tech_City.pdf 
•HR & A. 2014. ...
New York Innovation Ecosystem Policies
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New York Innovation Ecosystem Policies

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How New York Created a Sustainable and Vibrant Innovation Ecosystem and the Lessons to Learnt from it

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New York Innovation Ecosystem Policies

  1. 1. Tech Innovation Ecosystems ICT Unit World Bank The Case of New York: How To Create a Vibrant and Sustainable Ecosystem?
  2. 2. What New York Lacked? Talent Capital Space Community
  3. 3. Policies to Adress Each Weakness Education Seed Funding Collaboration Spaces Challenges & Promotion
  4. 4. Title of Presentation 5
  5. 5. 0.7 – 2.5 Investment VC (US$ B) 10 - 27 Exits >US$500M 22% Founders not tech 44% Jobs below Masters
  6. 6. Contacts: Victor Mulas ICT Innovation Specialist vmulas@worldbank.org Hallie Applebaum Open Innovation Specialist happlebaum@worldbank.org ICT Unit World Bank
  7. 7. Sources: •Center for an Urban Future. 2012. “New Tech City.” https://nycfuture.org/pdf/New_Tech_City.pdf •HR & A. 2014. “The New York City Tech Ecosystem.” http://www.nyctecheconomy.com/ •Florida, R. 2014. “Start Up City: The Urban Shift in Venture Capital and High Technology.” http://martinprosperity.org/media/Startup%20City_14-03- 14.pdf •Interviews with Dmytro Pokhylko, Director, Vice President, New York City Economic Development Corporation (October 2014), and Rachel Haot, former Chief Digital Officer, New York City (September 2014).

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