The document discusses strategies for developing successful entrepreneurial ecosystems. It advocates for an integrated and iterative approach that focuses on innovation, commercialization, entrepreneurship and capitalization. The strategy also emphasizes building extensive networks and taking a long term view. Specific policies mentioned include being evidence-driven, collaborative, and providing stage-appropriate capital. The document also provides contact information for the Kauffman Foundation which conducts research on entrepreneurship and policy.

1. The Economic Future Just Happened
Monica Doss, Director
Ewing Marion Kauffman Foundation
© 2008 by the Ewing Marion Kauffman Foundation. All rights reserved.

2. Torture the numbers and they will confess
© 2008 by the Ewing Marion Kauffman Foundation. All rights reserved.

3. Strategic Approach to Entrepreneurial Ecosystem
 Integrated: Focus on the entire entrepreneurial ecosystem
(innovation, commercialization, entrepreneurship, capitalization)
 Resist or correct fragmentation and scattering of resources
 Context is king
 Iterative: Get going and start learning. Adapt to evidence you
gather and market signals
 Speed matters
 By definition a volatile endeavor
 Resist the curse of success
 Networked: build extensive high-value add networks of human
capital and resources
 The right mentor with the right network at the right time.
 Scale to the opportunity
© 2008 by the Ewing Marion Kauffman Foundation. All rights reserved.

4. Successful E Strategies
 Dominant, demanding, risk tolerant culture
 Evidence driven, leapfrogging
 REALLY collaborative, transparent and open
 Based on stage appropriate and forward facing capital
strategies
 Contextual – globally and regionally
 Entrepreneur focused
 Take the Long View
© 2008 by the Ewing Marion Kauffman Foundation. All rights reserved.

5. Want to know what’s important to
entrepreneurs? Ask them.
© 2008 by the Ewing Marion Kauffman Foundation. All rights reserved.

6. Dynamic and Evolving Entrepreneurial Communities
Dynamic Needs of Entrepreneurial
Communities
© 2008 by the Ewing Marion Kauffman Foundation. All rights reserved.

7. © 2008 by the Ewing Marion Kauffman Foundation. All rights reserved.

8. Contacts for more information
 Monica Doss, mdoss@kauffman.org
 E.J. Reedy (research), ejreedyt@kauffman.org
 Studies
 “On the Road to an Entrepreneurial Economy: A Research and Policy
Guide”
www.kauffman.org/items.cfm?itemID=770
 “Entrepreneurship and Urban Success: Toward a Policy Consensus”
www.kauffman.org/items.cfm?itemID=1013
 Websites
 Kauffman.org
 Entrepreneurship.org
 Entrepreneurship Research and Policy Network
www.ssrn.com/erpn/index.html
 Growthology
www.growthology.org/
© 2008 by the Ewing Marion Kauffman Foundation. All rights reserved.

9. EDUCATION- FastTrac to the Future
Series1, Series1, Series1, Less Than High
Education Education
Education, 0, 0% School Diploma High School
Advanced/Profes No Answer, 2% Diploma or
sional Degree, 88, 31, 2% Equivalent
7% 4%
Master's Degree
Series1,
27%
Education Some
College, 338, 28%
Series1,
Education
Bachelor's
Degree, 372, 30%
© 2008 by the Ewing Marion Kauffman Foundation. All rights reserved.

10. RACE/ETHNICITY- FastTrac to the Future
Hispanic/Native
American/Asian/ African-
No Answer American/Black
28% 45%
Caucasian/White
27%
© 2008 by the Ewing Marion Kauffman Foundation. All rights reserved.

11. Gender- FastTrac to the Future
Series1, No
Answer, 99,
8%
Series1,
Series1, Male, Female, 564,
557, 46% 46%
© 2008 by the Ewing Marion Kauffman Foundation. All rights reserved.