This book offers a comprehensive model for explaining the success
and failure of cities in nurturing startups, presents detailed case
studies of how participants in that model help or hinder startup
activity, and shows how to apply these lessons to boost local
startup activity. Startup Cities explains the factors that
determine local startup success based on a detailed comparison of
regional startup cities-pairing the most successful and less
successful cities within regions along with insights and
implications from case studies of each of the model's elements. The
book compares local city pairs, highlighting factors that
distinguish successful from less successful cities and presents
implications for stakeholders that arise from these principles.
Peter Cohan is a lecturer of Strategy at Babson College and one of
the world's leading authorities on regional startup ecosystems.
Starting in 2012, he created and led Startup Strategy courses that
explore four regional startup ecosystems-Hong Kong/Singapore,
Israel, Paris, and Spain/Portugal. These courses are based on an
original framework for evaluating why a few cities host most
startup creation and the rest fail to do so. In running these
courses, Peter has built a network of local policymakers,
investors, entrepreneurs, and professors from which he draws
practical insights for what distinguishes successful Startup
Commons from their peers. The book provides vital benefits to these
stakeholders. What You'll Learn Local policymakers will know how to
build a local team to set objectives for their local Startup
Commons and develop a comprehensive strategy to realize those goals
Entrepreneurs will know how to choose where to locate their
startups based on factors such as the supply and quality of
talent-from chief marketing and technology officers to coders and
sales people; quality of life, access to capital, customers, and
mentors; and costs such as salary and real estate expense
University administrators and faculty will know how to take
research out of their labs and house it in companies that can
commercialize that research, create academic programs that will
encourage more entrepreneurship among their students, and connect
with local policymakers and capital providers to spur local startup
activity Capital providers will know how to scout out emerging
startup cities where they can get access to the best investment
opportunities at more favorable valuations and have greater
influence on how the local startup scene evolves Who This Book Is
For All key startup stakeholders, including local policymakers
(mayors, directors of economic development, treasurers,
controllers, presidents of regional chamber of commerce),
entrepreneurs (CEOs, chief marketing officers, chief financial
officers, chief HR officers, chief technology officers),
universities (presidents; deans of faculty; provosts; professors of
finance, management, and entrepreneurship; directors of
international education), and capital providers (venture capital
partners and associates, angel investors, bank loan officers,
managers of accelerator operations)
General
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