The Startup Scorecard: How Governments Can Unlock Trillions in Innovation and Economic Growth
Tuesday, 04 February 2025
Nations that adopted startup-friendly policies mid-1990s or early 00s, and consistently implemented effective measures, are now reaping the rewards; seamlessly transitioning into digital economies and enjoying long-term benefits. Conversely, those that dragged their feet on economic development of startup ecosystems are now grappling with how (and in my experience, for the most part, are failing,
- Published in Economic Development, Startups
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Trump’s First Few Days for Independents
Thursday, 23 January 2025
In the world of entrepreneurship and startup ecosystems, where disruption, innovation, and venture capital reign supreme, keeping an eye on public policy isn’t just smart — it’s essential. Government actions shape the macroeconomic environment, influence capital flows, and define the rules of the game for the next generation of innovators. With a new administration in
- Published in AI, Economic Development
Zagreb plus Istria: The Economic Development Plan for Croatia’s Future as a Global Hub of Innovation
Thursday, 09 January 2025
As I walked the streets of Zagreb, Croatia, not long ago, I couldn’t help but remark that I had a feeling that I was experiencing, Austin, TX, years ago. From my time in Michigan, Phoenix, Silicon Valley, and now Austin, my community knows well that the work I do is designing startup ecosystems; working with
- Published in Economic Development, Regional Development
Venture Capital Manifests for Opportunity: It’s Not Available to Serve
Monday, 06 January 2025
For economic development professionals, community builders, and government officials committed to fostering entrepreneurship, it’s all too common to hear founders lament that a “lack of capital” is their most significant challenge. Yet, curiously, a lack of capital is rarely cited as a leading cause of startup failure. This disconnect points to a deeper, systemic issue
- Published in Raising Capital, Startup Ecosystems
Regional Startup Ecosystems Must Embrace Distinction
Saturday, 04 January 2025
What we can learn from asking of South and Central America You’re failing. Let me cut to that chase. After more nearly two decades in Austin, Texas, and working with cities and regions throughout the world, what holds YOU and your economy back is that you won’t communicate clearly, distinguish your strengths, and acknowledge your
- Published in Economic Development, Regional Development
Silicon Valley’s Culture of Creative Destruction
Friday, 03 January 2025
Silicon Valley’s legendary status as the birthplace of innovation isn’t merely a product of geography or luck — it is rooted in a culture of creative destruction, a term popularized by Austrian economist Joseph Schumpeter, author of Theory of Economic Development. Creative destruction is the process by which innovation disrupts existing industries, rendering outdated systems
- Published in Economic Development, Regional Development
From Socialist Roots to a Free-Market Startup Renaissance: Estonia
Friday, 03 January 2025
Estonia has long been hailed as the digital darling of Europe, a small Baltic nation that defied its post-Soviet limitations to emerge as a tech powerhouse. Yet, for all its acclaim, Estonia’s journey has been shaped by a tension between its socialist roots and a growing desire for economic liberalism. Today, with sweeping governmental reforms
- Published in Regional Development