Creating digital innovation clusters in Europe
summary
Describes building regional digital clusters by running startup garages and an incubation program with entrepreneur-in-residence mentors, using equity or convertible loans rather than subsidies, and sending teams for three-month immersion in California. Claims: 12 startups spun in 2012, program scales to 20–40 candidates, portfolio companies got five times follow-up capital, and a tablet POS team signed with Griffin and entered the US market. Argues Europe lacks VC scale and needs angels, crowdfunding and clearer exit liquidity.
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chapters (12)
- 0:00Introduction and context
- 3:29Conditions for innovation clusters
- 7:41Building critical mass in ecosystems
- 10:50Specialization and global focus
- 12:58Incubation and entrepreneurship focus
- 17:13Entrepreneurial culture in Europe
- 18:55Government support pitfalls
- 19:19Student entrepreneurship programs
- 21:49Pitching and global competitiveness
- 26:04Venture capital challenges in Europe
- 28:56Emerging funding solutions
- 29:40Key elements for European clusters
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