Entrepreneurship Metrics - Dane Stangler

K
Breaking “Startup
Fever”: Increasing
Entrepreneurship at
the Edges
Dane Stangler
Growing Entrepreneurial Communities Summit
April 2018
© 2017
We Have All Caught “Startup Fever” …
2
Source: David Benson, BYU.
© 2017
… But Not (Yet) Seeing Payoff—at least in New Company Creation—
and there is Growing Concentration in Many Industries
3
Source: Economic Innovation Group
© 2017
Worse, Economic Value from Technology-Based Startups is Highly
Concentrated—and Emerging Regions “Leak” Startups
4
Ecosystem Value Distribution
by Region 2016-17
United States
Europe
Asia-Pacific
Global Concentration of Ecosystem
Value 2016-17
Top 20 Ecosystems Other 35
© 2017
Why Aren’t We Doing Better?
• Data
– Headlines only: “Investment grew $X last year.” “We graduated X companies from our
accelerator.”
• Vanity metrics
– Incomplete data
• No context, no comparison
• Lack of benchmarks
• No guidance for prioritizing or focusing
– You can’t do it all
– Where and how do you allocate your scarce resources?
• Implementation and impact
– We are all doing similar things  Startup Monoculture
– How track impact?
• Policy
– Still, in many places, a hindrance not a help to entrepreneurs
– Invisible policies, especially
5
© 2017
So What Can Be Done? This is What We are Working On
• Startup Genome working with Kauffman Foundation
• Adapting our model and methodology to help more American cities address this
challenge
– Beginning with 5 pilot metros
• What does our model look like?
6
© 2017
Activation Globalization Expansion Integration
Lifecycle Model Captures How Ecosystems Evolve and Grow—We
Focus Especially on Stages within Activation Phase
7
© 2017
Success Factors Model  Clarity  Prioritization  Action
8
Founder
Talent
Organizations
Funding
Startup Experience
Resource Attraction
Team Local Ecosystem
RESOURCES
NETWORKS
(Knowledge Flow)
Local
Connectedness
Global
Connectedness
PERFORMANCE
Startup
Output
Global
Market Reach
Ecosystem
Value
EconomicImpact
Exits / Triggers
Local
Context
100 Metrics Validated Against Startup and Ecosystem Performance
© 2017
New Success Factors, and New Research  Consistent Goal to Help
More Places Develop Startup Ecosystems and Capture Benefits
• Local Connectedness
– Quality not just quantity
– Physical proximity unclear
• Founder Mindset
– Not personality
• New research and application areas:
– Accelerator Program Assessment
– Inclusion
• How do we make this a factor in assessing ecosystem performance?
• Developing more rigorous way for entrepreneurs and supporters and champions and
policymakers to identify strengths and gaps—and inform the actions they take, and
monitor the effectiveness of those actions
9
© 2017
Tell Us What You Think
Thank You!
• New: 2018 Global Startup
Ecosystem Report
• @startupgenome
• @danestangler
10
Thank You
11
JF Gauthier
CEO
+1-415-722-0345
jf@startupgenome.com
Marc Penzel
COO
+1-415-278-1205
marc@startupgenome.com
Dane Stangler
Chief Policy Officer
+1 (913) 634-4476
dane@startupgenome.com
@danestangler
© 2017
Evidence-Based Policymaking Engine
12
4. ACTION
Policies & Private
Practices
 Achieve
Economic
Impact
2. CLARITY
Clear Gaps
=> Build
Consensus
for Action
1. FOCUS
Right Issues at the
Right Time
 Maximize
Impact
3. STRATEGY
Prioritize
vertical strengths
 Accelerate
Growth
Lifecycle
Evolution
Success
Factors
Economic
Strengths
Policy
Action
© 2017
Startup Genome: Scientific Knowledge of How to Develop Startup
Ecosystems
13
• Most popular report
• 300,000 views
• Investors, Entrepreneurs,
Talent…
• Articles in hundreds of
publications: Forbes,
Bloomberg, Inc., etc.
Global Credibility &
Exposure
• Largest primary research
• 55 cities / 28 countries
• Voice of Entrepreneurs
• 10,000+
• Data and support from
GEN, Crunchbase and
300+ partners
Largest
Knowledge Base
• First Scientific Model
• 9 Success Factors
• 80+ metrics
• Validated against
Performance Model
Evidence-Based
Research
1 of 13

Recommended

Entrepreneurship Metrics - Don Macke by
Entrepreneurship Metrics - Don MackeEntrepreneurship Metrics - Don Macke
Entrepreneurship Metrics - Don Mackekphodel
1.1K views19 slides
Second Stage Entrepreneurs - Paul Bateson by
Second Stage Entrepreneurs - Paul BatesonSecond Stage Entrepreneurs - Paul Bateson
Second Stage Entrepreneurs - Paul Batesonkphodel
1.1K views16 slides
Urban Entrepreneurship - Lyneir Richardson by
Urban Entrepreneurship - Lyneir RichardsonUrban Entrepreneurship - Lyneir Richardson
Urban Entrepreneurship - Lyneir Richardsonkphodel
1.2K views20 slides
Rural Entrepreneurship - Erik Pedersen by
Rural Entrepreneurship - Erik PedersenRural Entrepreneurship - Erik Pedersen
Rural Entrepreneurship - Erik Pedersenkphodel
1K views16 slides
Rural Entrepreneurship - Pamela Bishop by
Rural Entrepreneurship - Pamela BishopRural Entrepreneurship - Pamela Bishop
Rural Entrepreneurship - Pamela Bishopkphodel
1.1K views10 slides
Kansas Economic Gardening Network by
Kansas Economic Gardening NetworkKansas Economic Gardening Network
Kansas Economic Gardening Networknado-web
554 views13 slides

More Related Content

What's hot

Transforming Regional Economic, Community, and Health Systems for Positive Ou... by
Transforming Regional Economic, Community, and Health Systems for Positive Ou...Transforming Regional Economic, Community, and Health Systems for Positive Ou...
Transforming Regional Economic, Community, and Health Systems for Positive Ou...Economic Development Navigator
1.8K views25 slides
Exploring National Trends Affecting Pennsylvania’s Economic Competitiveness by
Exploring National Trends Affecting Pennsylvania’s Economic Competitiveness  Exploring National Trends Affecting Pennsylvania’s Economic Competitiveness
Exploring National Trends Affecting Pennsylvania’s Economic Competitiveness Christa Ouderkirk Franzi
7.3K views26 slides
Past, present, and future trends in new york state economic development 201... by
Past, present, and future trends in new york state economic development   201...Past, present, and future trends in new york state economic development   201...
Past, present, and future trends in new york state economic development 201...Economic Development Navigator
4.8K views28 slides
Calculating the Cost of Fundraising by
Calculating the Cost of FundraisingCalculating the Cost of Fundraising
Calculating the Cost of FundraisingNell Edgington
10.4K views25 slides
How to Create a Compelling Fundraising Ask by
How to Create a Compelling Fundraising AskHow to Create a Compelling Fundraising Ask
How to Create a Compelling Fundraising AskNell Edgington
6.5K views35 slides
Open Grants 2020 09-10-01 by
Open Grants 2020 09-10-01Open Grants 2020 09-10-01
Open Grants 2020 09-10-01Kerim Baran
82 views12 slides

What's hot(20)

Exploring National Trends Affecting Pennsylvania’s Economic Competitiveness by Christa Ouderkirk Franzi
Exploring National Trends Affecting Pennsylvania’s Economic Competitiveness  Exploring National Trends Affecting Pennsylvania’s Economic Competitiveness
Exploring National Trends Affecting Pennsylvania’s Economic Competitiveness
Calculating the Cost of Fundraising by Nell Edgington
Calculating the Cost of FundraisingCalculating the Cost of Fundraising
Calculating the Cost of Fundraising
Nell Edgington10.4K views
How to Create a Compelling Fundraising Ask by Nell Edgington
How to Create a Compelling Fundraising AskHow to Create a Compelling Fundraising Ask
How to Create a Compelling Fundraising Ask
Nell Edgington6.5K views
Open Grants 2020 09-10-01 by Kerim Baran
Open Grants 2020 09-10-01Open Grants 2020 09-10-01
Open Grants 2020 09-10-01
Kerim Baran82 views
Delmar Loop Social Impact Hackathon by Victoria Chen
Delmar Loop Social Impact HackathonDelmar Loop Social Impact Hackathon
Delmar Loop Social Impact Hackathon
Victoria Chen220 views
Fundraising Intelligence: Measuring Fundraising Return on Investment and the ... by fmahunik
Fundraising Intelligence: Measuring Fundraising Return on Investment and the ...Fundraising Intelligence: Measuring Fundraising Return on Investment and the ...
Fundraising Intelligence: Measuring Fundraising Return on Investment and the ...
fmahunik8K views
نظام eFlow الإلكتروني لتسهيل تقارير العمل الخيري by Charity Innovation
نظام eFlow الإلكتروني لتسهيل تقارير العمل الخيرينظام eFlow الإلكتروني لتسهيل تقارير العمل الخيري
نظام eFlow الإلكتروني لتسهيل تقارير العمل الخيري
Charity Innovation265 views
CM10 Elephant in the Community Kurt Mantonya by CommunityMatters
CM10 Elephant in the Community Kurt MantonyaCM10 Elephant in the Community Kurt Mantonya
CM10 Elephant in the Community Kurt Mantonya
CommunityMatters455 views
Brad Whitehead's presentation at NOACA's Annual Summit, 2010 by futurefundneo
Brad Whitehead's presentation at NOACA's Annual Summit, 2010Brad Whitehead's presentation at NOACA's Annual Summit, 2010
Brad Whitehead's presentation at NOACA's Annual Summit, 2010
futurefundneo375 views
Sarasota data platform a smarter and stronger community by JuliaPLindner
Sarasota data platform   a smarter and stronger communitySarasota data platform   a smarter and stronger community
Sarasota data platform a smarter and stronger community
JuliaPLindner54 views
Social Enterprise Alliance Summit Live! by Seaadmin
Social Enterprise Alliance Summit Live!Social Enterprise Alliance Summit Live!
Social Enterprise Alliance Summit Live!
Seaadmin141 views

Similar to Entrepreneurship Metrics - Dane Stangler

Webinar-The Total Economic Impact of PayScale by
Webinar-The Total Economic Impact of PayScaleWebinar-The Total Economic Impact of PayScale
Webinar-The Total Economic Impact of PayScalePayScale, Inc.
836 views25 slides
Competing in Economic Development? Use Metrics. by
Competing in Economic Development? Use Metrics.Competing in Economic Development? Use Metrics.
Competing in Economic Development? Use Metrics.Atlas Integrated
408 views66 slides
Jumpstart board meeting 6 18 13 by
Jumpstart board meeting 6 18 13Jumpstart board meeting 6 18 13
Jumpstart board meeting 6 18 13Frank Papay
1.2K views39 slides
Continuous Performance Management: How To Make It Work by
Continuous Performance Management:  How To Make It WorkContinuous Performance Management:  How To Make It Work
Continuous Performance Management: How To Make It WorkJosh Bersin
28.2K views38 slides
EDD Leadership Lab: Reaching New Heights by
EDD Leadership Lab: Reaching New Heights EDD Leadership Lab: Reaching New Heights
EDD Leadership Lab: Reaching New Heights nado-web
57 views66 slides
Webinar: Strategy + Innovation by
Webinar: Strategy + InnovationWebinar: Strategy + Innovation
Webinar: Strategy + InnovationAli Zeeshan
1.2K views42 slides

Similar to Entrepreneurship Metrics - Dane Stangler(20)

Webinar-The Total Economic Impact of PayScale by PayScale, Inc.
Webinar-The Total Economic Impact of PayScaleWebinar-The Total Economic Impact of PayScale
Webinar-The Total Economic Impact of PayScale
PayScale, Inc.836 views
Competing in Economic Development? Use Metrics. by Atlas Integrated
Competing in Economic Development? Use Metrics.Competing in Economic Development? Use Metrics.
Competing in Economic Development? Use Metrics.
Atlas Integrated408 views
Jumpstart board meeting 6 18 13 by Frank Papay
Jumpstart board meeting 6 18 13Jumpstart board meeting 6 18 13
Jumpstart board meeting 6 18 13
Frank Papay1.2K views
Continuous Performance Management: How To Make It Work by Josh Bersin
Continuous Performance Management:  How To Make It WorkContinuous Performance Management:  How To Make It Work
Continuous Performance Management: How To Make It Work
Josh Bersin28.2K views
EDD Leadership Lab: Reaching New Heights by nado-web
EDD Leadership Lab: Reaching New Heights EDD Leadership Lab: Reaching New Heights
EDD Leadership Lab: Reaching New Heights
nado-web57 views
Webinar: Strategy + Innovation by Ali Zeeshan
Webinar: Strategy + InnovationWebinar: Strategy + Innovation
Webinar: Strategy + Innovation
Ali Zeeshan1.2K views
Atlas High Performance Economic Development is a Team Sport - Pure Michigan by Atlas Integrated
Atlas High Performance Economic Development is a Team Sport - Pure MichiganAtlas High Performance Economic Development is a Team Sport - Pure Michigan
Atlas High Performance Economic Development is a Team Sport - Pure Michigan
Atlas Integrated979 views
Taking the CEDS to the Next Level Through the Content Guidelines by nado-web
Taking the CEDS to the Next Level Through the Content GuidelinesTaking the CEDS to the Next Level Through the Content Guidelines
Taking the CEDS to the Next Level Through the Content Guidelines
nado-web735 views
Trends in corporate giving by Meghan Ennes
Trends in corporate givingTrends in corporate giving
Trends in corporate giving
Meghan Ennes451 views
Support for Startups & Scaleups by Oscar Ramirez
Support for Startups & ScaleupsSupport for Startups & Scaleups
Support for Startups & Scaleups
Oscar Ramirez225 views
Northwest Indiana: Growing Businesses, Growing the Regional Economy by Scott Hutcheson, Ph.D.
Northwest Indiana: Growing Businesses, Growing the Regional EconomyNorthwest Indiana: Growing Businesses, Growing the Regional Economy
Northwest Indiana: Growing Businesses, Growing the Regional Economy
GEC 2017: JF Gauthier by Mark Marich
GEC 2017: JF GauthierGEC 2017: JF Gauthier
GEC 2017: JF Gauthier
Mark Marich392 views
Evaluating impact of business partnerships by Debbie West
 Evaluating impact of business partnerships Evaluating impact of business partnerships
Evaluating impact of business partnerships
Debbie West311 views
The Digital Side Of Startup Ecosystem Development GEC 2018 istanbul by Grow VC Group
The Digital Side Of Startup Ecosystem Development GEC 2018 istanbulThe Digital Side Of Startup Ecosystem Development GEC 2018 istanbul
The Digital Side Of Startup Ecosystem Development GEC 2018 istanbul
Grow VC Group663 views
Learning's Big Data Problem: Measuring & Analyzing Impact Part 2 by Watershed
Learning's Big Data Problem: Measuring & Analyzing Impact Part 2Learning's Big Data Problem: Measuring & Analyzing Impact Part 2
Learning's Big Data Problem: Measuring & Analyzing Impact Part 2
Watershed 712 views
GEC 2017: Craig Mullett by Mark Marich
GEC 2017: Craig MullettGEC 2017: Craig Mullett
GEC 2017: Craig Mullett
Mark Marich338 views
Actionable Financial Analysis: Insights for Nonprofit Leaders by GuideStar
Actionable Financial Analysis: Insights for Nonprofit LeadersActionable Financial Analysis: Insights for Nonprofit Leaders
Actionable Financial Analysis: Insights for Nonprofit Leaders
GuideStar657 views

More from kphodel

Antiviral Compounds Against SARS-COV-2 by
Antiviral Compounds Against SARS-COV-2Antiviral Compounds Against SARS-COV-2
Antiviral Compounds Against SARS-COV-2kphodel
63 views11 slides
Co-Immunity Presentation by
Co-Immunity PresentationCo-Immunity Presentation
Co-Immunity Presentationkphodel
129 views14 slides
Co-Immunity Presentation by
Co-Immunity PresentationCo-Immunity Presentation
Co-Immunity Presentationkphodel
20 views14 slides
Effective, Disposable Medical Gowns by
Effective, Disposable Medical GownsEffective, Disposable Medical Gowns
Effective, Disposable Medical Gownskphodel
80 views12 slides
Improved Jacketing Repair System For Steel H Beams by
Improved Jacketing Repair System For Steel H Beams Improved Jacketing Repair System For Steel H Beams
Improved Jacketing Repair System For Steel H Beams kphodel
167 views8 slides
Nucleotide-Based Diagnostic for Infectious Diseases by
Nucleotide-Based Diagnostic for Infectious DiseasesNucleotide-Based Diagnostic for Infectious Diseases
Nucleotide-Based Diagnostic for Infectious Diseaseskphodel
315 views11 slides

More from kphodel(20)

Antiviral Compounds Against SARS-COV-2 by kphodel
Antiviral Compounds Against SARS-COV-2Antiviral Compounds Against SARS-COV-2
Antiviral Compounds Against SARS-COV-2
kphodel63 views
Co-Immunity Presentation by kphodel
Co-Immunity PresentationCo-Immunity Presentation
Co-Immunity Presentation
kphodel129 views
Co-Immunity Presentation by kphodel
Co-Immunity PresentationCo-Immunity Presentation
Co-Immunity Presentation
kphodel20 views
Effective, Disposable Medical Gowns by kphodel
Effective, Disposable Medical GownsEffective, Disposable Medical Gowns
Effective, Disposable Medical Gowns
kphodel80 views
Improved Jacketing Repair System For Steel H Beams by kphodel
Improved Jacketing Repair System For Steel H Beams Improved Jacketing Repair System For Steel H Beams
Improved Jacketing Repair System For Steel H Beams
kphodel167 views
Nucleotide-Based Diagnostic for Infectious Diseases by kphodel
Nucleotide-Based Diagnostic for Infectious DiseasesNucleotide-Based Diagnostic for Infectious Diseases
Nucleotide-Based Diagnostic for Infectious Diseases
kphodel315 views
Non-Invasive Bowel monitoring system by kphodel
Non-Invasive Bowel monitoring systemNon-Invasive Bowel monitoring system
Non-Invasive Bowel monitoring system
kphodel272 views
Securing edge lot systems by kphodel
Securing edge lot systemsSecuring edge lot systems
Securing edge lot systems
kphodel215 views
Pandemic tent by kphodel
Pandemic tentPandemic tent
Pandemic tent
kphodel241 views
Therapeutic Targeting of Alzheimer's Disease with a Selective Antibody by kphodel
Therapeutic Targeting of Alzheimer's Disease with a Selective AntibodyTherapeutic Targeting of Alzheimer's Disease with a Selective Antibody
Therapeutic Targeting of Alzheimer's Disease with a Selective Antibody
kphodel174 views
Non-Resistant Antimicrobial Therapy: Treating Superbugs That Cause Nosocomial... by kphodel
Non-Resistant Antimicrobial Therapy: Treating Superbugs That Cause Nosocomial...Non-Resistant Antimicrobial Therapy: Treating Superbugs That Cause Nosocomial...
Non-Resistant Antimicrobial Therapy: Treating Superbugs That Cause Nosocomial...
kphodel168 views
Dual function camera webinar presentation for webpage by kphodel
Dual function camera webinar presentation for webpageDual function camera webinar presentation for webpage
Dual function camera webinar presentation for webpage
kphodel218 views
Dual function camera webinar presentation by kphodel
Dual function camera webinar presentationDual function camera webinar presentation
Dual function camera webinar presentation
kphodel93 views
4.23.2020 webinar presentation for website by kphodel
4.23.2020 webinar presentation for website4.23.2020 webinar presentation for website
4.23.2020 webinar presentation for website
kphodel237 views
4.23.2020 W2B Webinar Presentation by kphodel
4.23.2020 W2B Webinar Presentation4.23.2020 W2B Webinar Presentation
4.23.2020 W2B Webinar Presentation
kphodel37 views
Mizzou bio joint flex snapshot by kphodel
Mizzou bio joint flex snapshotMizzou bio joint flex snapshot
Mizzou bio joint flex snapshot
kphodel43 views
W2B High Scurity Circuit Boards by kphodel
W2B High Scurity Circuit BoardsW2B High Scurity Circuit Boards
W2B High Scurity Circuit Boards
kphodel122 views
W2B Electromagnetic Launchers by kphodel
W2B Electromagnetic LaunchersW2B Electromagnetic Launchers
W2B Electromagnetic Launchers
kphodel111 views
Ergo stm snapshot 3.26 by kphodel
Ergo stm snapshot 3.26Ergo stm snapshot 3.26
Ergo stm snapshot 3.26
kphodel48 views
Snap shot lever 2019 website version by kphodel
Snap shot   lever 2019 website versionSnap shot   lever 2019 website version
Snap shot lever 2019 website version
kphodel248 views

Recently uploaded

Macro Economics- Group Presentation for Germany by
Macro Economics- Group Presentation for Germany Macro Economics- Group Presentation for Germany
Macro Economics- Group Presentation for Germany BethanyAline
38 views24 slides
InitVerse :Blockchain technology trends in 2024.pdf by
InitVerse :Blockchain technology trends in 2024.pdfInitVerse :Blockchain technology trends in 2024.pdf
InitVerse :Blockchain technology trends in 2024.pdfInitVerse Blockchain
17 views9 slides
01-SamcoMF DAAF_IDBIBank_page-0001.pdf by
01-SamcoMF DAAF_IDBIBank_page-0001.pdf01-SamcoMF DAAF_IDBIBank_page-0001.pdf
01-SamcoMF DAAF_IDBIBank_page-0001.pdfmultigainfinancial
7 views2 slides
Tax year 2024 Advance Taxation book by Khalid Petiwala by
Tax year 2024 Advance Taxation book by Khalid PetiwalaTax year 2024 Advance Taxation book by Khalid Petiwala
Tax year 2024 Advance Taxation book by Khalid PetiwalaSazzad Hossain, ITP, MBA, CSCA™
21 views477 slides
Development Economics.pptx by
Development Economics.pptxDevelopment Economics.pptx
Development Economics.pptxNithin Kumar
11 views158 slides
2023-11-01-IPT-PPT.pdf by
2023-11-01-IPT-PPT.pdf2023-11-01-IPT-PPT.pdf
2023-11-01-IPT-PPT.pdfAdnet Communications
198 views35 slides

Recently uploaded(20)

Macro Economics- Group Presentation for Germany by BethanyAline
Macro Economics- Group Presentation for Germany Macro Economics- Group Presentation for Germany
Macro Economics- Group Presentation for Germany
BethanyAline38 views
Development Economics.pptx by Nithin Kumar
Development Economics.pptxDevelopment Economics.pptx
Development Economics.pptx
Nithin Kumar11 views
score 10000.pdf by sadimd007
score 10000.pdfscore 10000.pdf
score 10000.pdf
sadimd00710 views
GroupPresentation_MicroEconomics by BethanyAline
GroupPresentation_MicroEconomicsGroupPresentation_MicroEconomics
GroupPresentation_MicroEconomics
BethanyAline34 views
The breath of the investment grade and the unpredictability of inflation - Eu... by Antonis Zairis
The breath of the investment grade and the unpredictability of inflation - Eu...The breath of the investment grade and the unpredictability of inflation - Eu...
The breath of the investment grade and the unpredictability of inflation - Eu...
Antonis Zairis10 views
QNBFS Daily Market Report November 29, 2023 by QNB Group
QNBFS Daily Market Report November 29, 2023QNBFS Daily Market Report November 29, 2023
QNBFS Daily Market Report November 29, 2023
QNB Group10 views
TriStar Gold- Corporate Presentation - December 2023 by Adnet Communications
TriStar Gold- Corporate Presentation - December 2023TriStar Gold- Corporate Presentation - December 2023
TriStar Gold- Corporate Presentation - December 2023
OAT_RI_Ep14 WeighingTheRisks_Nov23_GeopoliticalConcerns.pptx by hiddenlevers
OAT_RI_Ep14 WeighingTheRisks_Nov23_GeopoliticalConcerns.pptxOAT_RI_Ep14 WeighingTheRisks_Nov23_GeopoliticalConcerns.pptx
OAT_RI_Ep14 WeighingTheRisks_Nov23_GeopoliticalConcerns.pptx
hiddenlevers18 views
Indias Sparkling Future : Lab-Grown Diamonds in Focus by anujadeodhar4
Indias Sparkling Future : Lab-Grown Diamonds in FocusIndias Sparkling Future : Lab-Grown Diamonds in Focus
Indias Sparkling Future : Lab-Grown Diamonds in Focus
anujadeodhar48 views
Stock Market Brief Deck 121.pdf by Michael Silva
Stock Market Brief Deck 121.pdfStock Market Brief Deck 121.pdf
Stock Market Brief Deck 121.pdf
Michael Silva34 views
Practices of corporate governance in Commercial Banks of Bangladesh by Ariful Saimon
Practices of corporate governance in Commercial Banks of BangladeshPractices of corporate governance in Commercial Banks of Bangladesh
Practices of corporate governance in Commercial Banks of Bangladesh
Ariful Saimon6 views
Debt Watch | ICICI Prudential Mutual Fund by iciciprumf
Debt Watch | ICICI Prudential Mutual FundDebt Watch | ICICI Prudential Mutual Fund
Debt Watch | ICICI Prudential Mutual Fund
iciciprumf7 views

Entrepreneurship Metrics - Dane Stangler

  • 1. Breaking “Startup Fever”: Increasing Entrepreneurship at the Edges Dane Stangler Growing Entrepreneurial Communities Summit April 2018
  • 2. © 2017 We Have All Caught “Startup Fever” … 2 Source: David Benson, BYU.
  • 3. © 2017 … But Not (Yet) Seeing Payoff—at least in New Company Creation— and there is Growing Concentration in Many Industries 3 Source: Economic Innovation Group
  • 4. © 2017 Worse, Economic Value from Technology-Based Startups is Highly Concentrated—and Emerging Regions “Leak” Startups 4 Ecosystem Value Distribution by Region 2016-17 United States Europe Asia-Pacific Global Concentration of Ecosystem Value 2016-17 Top 20 Ecosystems Other 35
  • 5. © 2017 Why Aren’t We Doing Better? • Data – Headlines only: “Investment grew $X last year.” “We graduated X companies from our accelerator.” • Vanity metrics – Incomplete data • No context, no comparison • Lack of benchmarks • No guidance for prioritizing or focusing – You can’t do it all – Where and how do you allocate your scarce resources? • Implementation and impact – We are all doing similar things  Startup Monoculture – How track impact? • Policy – Still, in many places, a hindrance not a help to entrepreneurs – Invisible policies, especially 5
  • 6. © 2017 So What Can Be Done? This is What We are Working On • Startup Genome working with Kauffman Foundation • Adapting our model and methodology to help more American cities address this challenge – Beginning with 5 pilot metros • What does our model look like? 6
  • 7. © 2017 Activation Globalization Expansion Integration Lifecycle Model Captures How Ecosystems Evolve and Grow—We Focus Especially on Stages within Activation Phase 7
  • 8. © 2017 Success Factors Model  Clarity  Prioritization  Action 8 Founder Talent Organizations Funding Startup Experience Resource Attraction Team Local Ecosystem RESOURCES NETWORKS (Knowledge Flow) Local Connectedness Global Connectedness PERFORMANCE Startup Output Global Market Reach Ecosystem Value EconomicImpact Exits / Triggers Local Context 100 Metrics Validated Against Startup and Ecosystem Performance
  • 9. © 2017 New Success Factors, and New Research  Consistent Goal to Help More Places Develop Startup Ecosystems and Capture Benefits • Local Connectedness – Quality not just quantity – Physical proximity unclear • Founder Mindset – Not personality • New research and application areas: – Accelerator Program Assessment – Inclusion • How do we make this a factor in assessing ecosystem performance? • Developing more rigorous way for entrepreneurs and supporters and champions and policymakers to identify strengths and gaps—and inform the actions they take, and monitor the effectiveness of those actions 9
  • 10. © 2017 Tell Us What You Think Thank You! • New: 2018 Global Startup Ecosystem Report • @startupgenome • @danestangler 10
  • 11. Thank You 11 JF Gauthier CEO +1-415-722-0345 jf@startupgenome.com Marc Penzel COO +1-415-278-1205 marc@startupgenome.com Dane Stangler Chief Policy Officer +1 (913) 634-4476 dane@startupgenome.com @danestangler
  • 12. © 2017 Evidence-Based Policymaking Engine 12 4. ACTION Policies & Private Practices  Achieve Economic Impact 2. CLARITY Clear Gaps => Build Consensus for Action 1. FOCUS Right Issues at the Right Time  Maximize Impact 3. STRATEGY Prioritize vertical strengths  Accelerate Growth Lifecycle Evolution Success Factors Economic Strengths Policy Action
  • 13. © 2017 Startup Genome: Scientific Knowledge of How to Develop Startup Ecosystems 13 • Most popular report • 300,000 views • Investors, Entrepreneurs, Talent… • Articles in hundreds of publications: Forbes, Bloomberg, Inc., etc. Global Credibility & Exposure • Largest primary research • 55 cities / 28 countries • Voice of Entrepreneurs • 10,000+ • Data and support from GEN, Crunchbase and 300+ partners Largest Knowledge Base • First Scientific Model • 9 Success Factors • 80+ metrics • Validated against Performance Model Evidence-Based Research

Editor's Notes

  1. It’s useful to think about it in terms of Ecosystem System Factors
  2. !!! EDITING THE PRESENTATION !!! Download „Open Sans“ in order to use the correct Font: https://fonts.google.com/specimen/Open+Sans