Beyond Silicon Ambitions: Robyn Klingler-Vidra Keynote on Aug 29 2019 at the Hanoi Innovation Summit

Robyn KLINGLER-VIDRA
Robyn KLINGLER-VIDRASenior Lecturer in Political Economy at King's College London
Dr. Robyn Klingler-Vidra
Senior Lecturer in Political Economy
King’s College London
Beyond Silicon Ambitions
Hanoi Innovation Summit
29 August 2019
1) The stateless Silicon Valley myth
2) Silicon Valley can’t – and shouldn’t – be copied
3) Context-relevant policy
Agenda
1) Stateless Myth of Silicon Valley
Reality: Government key protagonist
Beyond Silicon Ambitions: Robyn Klingler-Vidra Keynote on Aug 29 2019 at the Hanoi Innovation Summit
Global rise of venture capital states
2) Silicon Valley can’t be copied
In some ways, it shouldn’t be copied
We should go beyond the aim of
putting a ‘man on the moon’
Embrace the multiple benefits of
greater inclusion
Cognitive Social
3) Context relevant policy works
Policy designed for the local context
Funding Taxation Regulation
Clusters,
Networks and
Institutes
Attracting Talent
and Investment
Technology
Infrastructure
and Gov’t
Procurement
Stock Market
Access
Education and
Training
Innovation to improve productivity,
improve livelihoods
Singapore’s Block 71:
partnership to solve a local challenge
Build on local success
And leverage local advantages
Key takeaways
• Innovation is a new product or process
that advances productivity, not only high-
technology (i.e. silicon)
• Design innovation policy for the local
context, and,
• Aim to boost innovation that comes
from, and is applied by, wider society.
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Beyond Silicon Ambitions: Robyn Klingler-Vidra Keynote on Aug 29 2019 at the Hanoi Innovation Summit

Editor's Notes

  1. LP structure and ERISA Reinterpretation: Clarification of the ERISA Prudent Man rule in 1979, which allowed pension funds to invest in alternative asset classes Tax efficiency: carried interest is taxed at Capital Gains Tax, which was rate lowered in 1979 Money: Financing programs (i.e. SBIR and SBIC) which invested and loaned to venture capital funds and start-ups, launched in 1958.