Future enterprise digital business innovation paths event_8july2014, brussels_iii. yague
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“Digital Business Innovation Paths” Brussels, July 8 th , 2014 Jesús Yagüe (Enterprise Europe Network Madrid – AECIM, Spain) “Ecosystem for entrepreneurial growth”
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Transcript of Future enterprise digital business innovation paths event_8july2014, brussels_iii. yague
“Digital Business Innovation Paths”
Brussels, July 8th, 2014
Jesús Yagüe (Enterprise Europe Network Madrid – AECIM, Spain)
“Ecosystem for entrepreneurial growth”
Digital Business Innovation Paths. Brussels - July 8th, 2014
Funding
Policy
Accessible
markets
Business
support
Culture
Human capital
Accessible
Key pillars for action that can sustain and accelerate the creation and growth of entrepreneurship ecosystems
Digital Business Innovation Paths. Brussels - July 8th, 2014
More early stage funding Startup’s are enemies to the banks (high risk) Public initiatives reinforcing links/support to:
Business angels Micro Venture Capital Equity Crowdfunding Access to debt
Accessible
Need to open markets to tech startup’s Traditionally, startup’s have difficulties to
reach governments and large corporations: Need to reform procurement process of governments Large corporations:
Public incentives to facilitate procurement process to startup’s
Open innovation: tech transfer, licensing-in
Digital Business Innovation Paths. Brussels - July 8th, 2014
Increase support mechanisms linking to: mentors and advisory services
Creation and improvement of incubators and accelerators: reinforce at University level and Research centres
Entrepreneurs networking
Improving regulatory environment Most governments in Europe incentivise
startups to undertake R&D activities (either when the expenditure is incurred and/or when revenue is generated), but that’s not enough.
It’s necessary to drive the growth: Strong tax incentives Business-friendly legislation & policies
Digital Business Innovation Paths. Brussels - July 8th, 2014
To get more entrepreneurs with appropriate skills through education & training programs: Entrepreneurship, tech transfer, business management
University and Research centres are ideal to train and encourage people spinning-off startup’s, through exploitation R&D results
Means to shift from employee to entrepreneur: Incentive employees for entrepreneurship in large
companies
Enhance culture to tolerance of risk and failure, mainly in Mediterranean countries
Transmit positive image of entrepreneurship: visible success, community engagement, network effect
Culture should start at school and up to University and research centres: entrepreneurship programs
Encourage entrepreneurs to try again and again and again
