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Greg Horowitt
RAINFOREST DYNAMICS:
BEYOND THE SILICON VALLEY
Innovation is about ideas having sex
       Matt Ridley, the Rational Optimist
20 years from now…what will be the next
A New Paradigm
•   Predict and Repeat  Learn and Adapt
•   Business Planning  Business Modeling
•   Eliminate Risk  Manage Risk
•   Never Fail  Fail fast and cheaply
•   Outputs  Outcomes (Patents ≠ Products)
•   Invention  Innovation
Ambiguity + Discomfort

Uninformed + Intelligent
Roots before Branches
Roots of the Rainforest
1. Enlightened Government  Policies
2. Dismantling hierarchies  knowledge flows
    social trust
3. Informed & Engaged Private Sector
4. Responsive and responsible workforce
   development
5. Porous University – Industry Interface
6. Youth Engagement
7. Flexible Intellectual Property Frameworks
Roots of the Rainforest
8. Supportive Infrastructure
9. Smart Capital
10. Active mentorship and entrepreneurial /
enterprise support
11. Proactive leadership development (role
models)
12. Social mechanisms to actively build and
distribute trust and foster collaboration
13. Venues to support risk sharing
14. Celebrate Success!!!
Who’s at the Table?
                                                      Potential Investments
 Key Interest Groups                      Access to                                       In-Kind Pro Bono
                                   Time                Political Access       Financial
                                          Networks                                            Resources

Local Business Community
(real estate, insurance, etc)


Local & Regional Trade Assoc.

Business Service Providers
(legal, etc.)

Large Companies (nat’l &
global reach)

Research Enterprises

Government Agencies (WiBs,
EDCs, etc.)


Private, Public, & Institutional
Investors


Regional Foundations &
Philanthropic Families


Demand-Driven Education
Providers
The Rainforest Canvas™
SEQUENCING YOUR REGIONAL GENOME
The Innovation
Ecosystem             Ideas




                    Opportunity


           Talent                 Capital
•Who are the entrepreneurs?
•Who has the reputation, resources and                •Who are the service providers?                                                                   •What is the regulatory environment for
commitment to lead new initiatives?                   •Who are the inventors?                                                                           innovation?
•Who will champion new initiatives within             •Who are the capital providers?                                                                   •What legal/bureaucratic barriers stand in
their own organizations?                              •Who are the support organizations?                                                               the way of entrepreneurship?
•How can leaders and champions be more                •What is the role of government?                                                                  •What widespread social norms surround
inclusive?                                            •Who are the other key participants in the innovation ecosystems?                                 the innovation ecosystem?




                                                  •What are people already doing to stimulate          •Where, when and how do stakeholders
•What resources are available to aspiring         innovation/entrepreneurship?
                                                                                                                                                          •Who are the local entrepreneurs that have
                                                                                                       interact?                                          built successful companies?
entrepreneurs (knowledge, mentorship,             •How are these people collaborating with             •How do ideas, talent and capital come
cloud hosting, etc.)?                             each other?
                                                                                                                                                          •Who are the local entrepreneurs that
                                                                                                       together?
•What sources of capital are there in the         •What activities drive participation in the          •What are the lines of communication
                                                                                                                                                          haven’t yet been successful and what can
marketplace?                                                                                                                                              we learn from their failures?
                                                  community?                                           between partners?
•How does this capital flow and interact with     •What events create ‘buzz’ and generate                                                                 •What regions have similar attributes and
growing businesses?
                                                                                                       •How do members of the community                   resources?
                                                  interest?                                            collaborate with each other?
•What is the volume and quality of talent in                                                                                                              •What organizations have shared
the labor pool?
                                                                                                       •How does the community engage external            visions/values?
                                                                                                       or global partners?                                •Are there other regions with successful
•What are the main sources of innovative                                                               •How does the community encourage recruit
ideas/discoveries/inventions?                                                                                                                             innovation ecosystems that we could learn
                                                                                                       new constituents?
•What resources are available to service and                                                           •How do young people get involved?
                                                                                                                                                          from or emulate?
support organizations that interact with
entrepreneurs (workforce training, etc.)?
                                                                                                       •What forums exist that allow the breakdown
                                                                                                       of social and professional hierarchies?




                                                                                                          •Where do people come from?
                                                                                                          •What are their value systems?
                                                                                                          •What are their motivations (money, reputation, lifestyle, self expression, etc.)?
                                                                                                          •What are the ‘amenities of place’?
 •What is the density and quality of service providers (law, IP, consulting, real estate, etc.)?          •How do we create and maintain a sense of urgency?
 •What boundary spanning organizations exist?                                                             •What kind of innovative social networks exist already?
 •What is the local level of serial entrepreneurship?                                                     •How do people deal with uncertainty, risk or randomness?
 •What is the density and quality of physical infrastructure (airports, internet connections, etc.)?      •How is failure perceived?
 •What are the core sectors of the local economy?                                                         •Do people build for perfection or iteration?
 •What are the strongest regional comparative advantages?
Try fast, learn quickly,
      fail small…
  and rapidly evolve

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Greg Horowitt, Act I (Global Innovation Summit 2012)

  • 2. Innovation is about ideas having sex Matt Ridley, the Rational Optimist
  • 3. 20 years from now…what will be the next
  • 4.
  • 5. A New Paradigm • Predict and Repeat  Learn and Adapt • Business Planning  Business Modeling • Eliminate Risk  Manage Risk • Never Fail  Fail fast and cheaply • Outputs  Outcomes (Patents ≠ Products) • Invention  Innovation
  • 6.
  • 7.
  • 10. Roots of the Rainforest 1. Enlightened Government  Policies 2. Dismantling hierarchies  knowledge flows  social trust 3. Informed & Engaged Private Sector 4. Responsive and responsible workforce development 5. Porous University – Industry Interface 6. Youth Engagement 7. Flexible Intellectual Property Frameworks
  • 11. Roots of the Rainforest 8. Supportive Infrastructure 9. Smart Capital 10. Active mentorship and entrepreneurial / enterprise support 11. Proactive leadership development (role models) 12. Social mechanisms to actively build and distribute trust and foster collaboration 13. Venues to support risk sharing 14. Celebrate Success!!!
  • 12. Who’s at the Table? Potential Investments Key Interest Groups Access to In-Kind Pro Bono Time Political Access Financial Networks Resources Local Business Community (real estate, insurance, etc) Local & Regional Trade Assoc. Business Service Providers (legal, etc.) Large Companies (nat’l & global reach) Research Enterprises Government Agencies (WiBs, EDCs, etc.) Private, Public, & Institutional Investors Regional Foundations & Philanthropic Families Demand-Driven Education Providers
  • 13. The Rainforest Canvas™ SEQUENCING YOUR REGIONAL GENOME
  • 14. The Innovation Ecosystem Ideas Opportunity Talent Capital
  • 15.
  • 16. •Who are the entrepreneurs? •Who has the reputation, resources and •Who are the service providers? •What is the regulatory environment for commitment to lead new initiatives? •Who are the inventors? innovation? •Who will champion new initiatives within •Who are the capital providers? •What legal/bureaucratic barriers stand in their own organizations? •Who are the support organizations? the way of entrepreneurship? •How can leaders and champions be more •What is the role of government? •What widespread social norms surround inclusive? •Who are the other key participants in the innovation ecosystems? the innovation ecosystem? •What are people already doing to stimulate •Where, when and how do stakeholders •What resources are available to aspiring innovation/entrepreneurship? •Who are the local entrepreneurs that have interact? built successful companies? entrepreneurs (knowledge, mentorship, •How are these people collaborating with •How do ideas, talent and capital come cloud hosting, etc.)? each other? •Who are the local entrepreneurs that together? •What sources of capital are there in the •What activities drive participation in the •What are the lines of communication haven’t yet been successful and what can marketplace? we learn from their failures? community? between partners? •How does this capital flow and interact with •What events create ‘buzz’ and generate •What regions have similar attributes and growing businesses? •How do members of the community resources? interest? collaborate with each other? •What is the volume and quality of talent in •What organizations have shared the labor pool? •How does the community engage external visions/values? or global partners? •Are there other regions with successful •What are the main sources of innovative •How does the community encourage recruit ideas/discoveries/inventions? innovation ecosystems that we could learn new constituents? •What resources are available to service and •How do young people get involved? from or emulate? support organizations that interact with entrepreneurs (workforce training, etc.)? •What forums exist that allow the breakdown of social and professional hierarchies? •Where do people come from? •What are their value systems? •What are their motivations (money, reputation, lifestyle, self expression, etc.)? •What are the ‘amenities of place’? •What is the density and quality of service providers (law, IP, consulting, real estate, etc.)? •How do we create and maintain a sense of urgency? •What boundary spanning organizations exist? •What kind of innovative social networks exist already? •What is the local level of serial entrepreneurship? •How do people deal with uncertainty, risk or randomness? •What is the density and quality of physical infrastructure (airports, internet connections, etc.)? •How is failure perceived? •What are the core sectors of the local economy? •Do people build for perfection or iteration? •What are the strongest regional comparative advantages?
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22. Try fast, learn quickly, fail small… and rapidly evolve