About the Book
From Ireland to Israel to India, entrepreneurial innovation remains the #1 driver of economic success. This book identifies how successful regions build dynamic, self-sustaining centers of innovation across institutions in government, business, and non-profit organizations.. Jeff Saperstein and Dr. Daniel Rouach illuminate the complex mix of reinforcing success factors that can help regions set the stage for enduring long-term growth. Their extensive new research, detailed case studies, and diverse interviews of entrepreneurial champions across many societal sectors address economic policy, intellectual capital, labor costs, and many other key issues. Creating Regional Wealth in the Innovation Economy demonstrates how regions with diverse geographic, socio-economic, and political/institutional structures can leverage their unique strengths to successfully "plug in" to the global innovation economy. It offers a comprehensive blueprint for reaping the benefits of a vibrant, entrepreneurial marketplace?as an entrepreneur, investor, policymaker, or individual professional seeking the right place to be.
* Leveraging your region's unique strengthsBuilding regional centers of innovation * Specific techniques for regional business development specialistsPublic policy actions that offer the greatest short- and long-term payback* Identifying the best regions for new investmentHow companies and investors can choose locations with the greatest opportunities for success* Taking advantage of centers of innovationPractical strategies for companies ranging from startups to multinationals* Economic policy, intellectual capital, labor costs, and other key issuesUnderstanding the complex interrelationships amongst all regional success factorsBuilding regional centers of entrepreneurship?and sustaining them. *The key principles enabling regions to become centers of entrepreneurial excellence*After the dot.com collapse: The new dynamics of the Innovation Economy*In-depth perspectives from global leaders in business, government, academia, and nongovernmental organizations *Preface by Mary Harney, Ireland's Deputy Prime Minister and Minister for Enterprise, Trade, and EmploymentSilicon Valley. Taiwan. Ireland. France. Sweden. Israel. Munich.
When it comes to promoting entrepreneurial culture, some places just seem to "get it right"--serving as powerful magnets for talent, money, and ideas, and as powerful incubators for tomorrow's best companies. Now, drawing on extensive new research, Jeff Saperstein and Dr. Daniel Rouach pinpoint the key reasons why some locations succeed in the quest to become centers of technology and innovation?and sustain their competitive advantages over time--while others fail. This book answers the most crucial questions about the world's entrepreneurial hotspots: What makes these locations so special? Which local characteristics are inherent? Which can be fostered? What are the best practices for business and government organizations that want to promote local entrepreneurship and reach critical mass? And, most of all, what can be learned from the dozens of high-level entrepreneurial champions who have given their wisdom and experience so other people and regions may succeed.Praise for CREATING REGIONAL WEALTH"Humanity needs places where people have a common vision and develop together creativity, modern innovation, quality of life, and humanism. This book will help."
--Pierre LaffitteSenator, France"Provides valuable insights and pragmatic advice for anyone interested in improving the economic well-being of a region and adopting an entrepreneurial mindset. Conveys the spirit, knowledge, and courage of leaders in all sectors of the economy."--Henry C. Manayan, Esq.Mayor, City of Milpitas, California"A comprehensive/commendable compilation of the experiences of the entrepreneurial spirit across cultures."--Pradeep KarMicroland Group, India"A must-read for anyone interested in building ecosystems of excellence and economic advancement in any region or country. Truly invaluable."--Kailash C. Joshi, Ph.D.President, TiE Silicon Valley"A most important and stimulating contribution to the new leadership agenda for further development of intellectual capital of regions as the driver for future regional wealth and prosperity."--Leif Edvinsson, ProfessorAssociate, of Intellectual Capital, University of Lund, Sweden and CEO of Universal Networking Intellectual Capital, Sweden"Which regions will prosper and how are they positioning themselves today for tomorrow's opportunities?
A thoroughly researched and stimulating work, a sort of strategic manual for companies, scientists, and regional politicians."--Dr. Hans Christoph von Rohr Chairman, Industrial Investment Council, Berlin, Germany"This is a great book for those who want to find out what powers regional developments. A good read for anybody interested in this subject."--Hermann Hauser, Ph.D. Founder and Director, Amadeus Capital Partners, Cambridge, United Kingdom"An i
Table of Contents:
Foreword.
Preface.
Acknowledgments.
Introduction.
About the Authors.
1. The Innovation Economy.
I. SILICON VALLEY: THE MAGNETIC FORCE.
2. Global Entrepreneurs and Marketing of Multinational Companies.
3. Linking Organizations: Non-Government Organizations, Strong Regional Business Associations, and Philanthropies.
4. Local Government Working in Partnership with Business.
II. IRELAND: THE ENTERPRISE ISLE.
5. Enterprise Spirit and Trade Union Social Contract.
6. National Government Directing the Growth of Ireland.
7. The Branding of Ireland: International Corporations Choosing Ireland for Multifunctional Operations.
III. STOCKHOLM, SWEDEN: “THE HIGH-SPEED GLOBILE INNOVATIONS COMMUNITY”.
8. Industry Specialization and Leveraging Intellectual Capital.
9. Entrepreneurship Infusion: Political and Societal Change for the Innovation Economy.
IV. GERMANY, THE UNITED KINGDOM, AND FRANCE: EUROPE'S INDUSTRIAL GIANTS ADAPTING TO THE GLOBAL INNOVATION ECONOMY.
10. Munich - The Hidden Champion: Creating an Entrepreneurial Culture with State Government in Partnership with Business.
11. Cambridge—Incubator for Innovation, “Small is Beautiful”.
12. Sophia Antipolis—Technology Park the “French Way”.
V. HIGH-TECH ISLANDS OF TAIWAN AND ISRAEL.
13. Taiwan Technology Parks and NGOs.
14. Taiwan's Financial Capitalization: the Chinese Networking Culture Extends to China and Beyond.
15. Israel's Military Technology: The Transfer to Civilian Applications and Universities as Incubators.
16. Immigration to Israel, Venture Funding, and Entrepreneurship.
VI. INDIA: THE BEST HOPE FOR BRIDGING THE DIGITAL DIVIDE.
17. India's IT Sector and Government Initiatives in Education.
18. Transnational Links in Venture Capital for the Public Good—An Advantage in Networking.
19. Endnote.
Special Perspectives - Dialogue Across the Atlantic: Lester Thurow and Jacques Attali.
Special Perspectives - Governments Can Help Make Regional Wealth in the Innovation Economy: A Dialogue Between Kailash Joshi and Davidi Gilo.
Special Perspectives - Human Resources Management in the Innovation Economy: Self-Managed Living Systems.
Index.
About the Author :
JEFF SAPERSTEIN is a consultant, marketing instructor, and writer who maintains extensive contacts with Silicon Valley entrepreneurs, venture capitalists, and multinational company executives. He consults in the public, nonprofit, and private sectors. He is co-author of How to Be a More Effective Account Manager and Practical Approaches to Impromptu Speaking.
Saperstein has written marketing columns for the San Francisco Business Times and the San Jose Business Journal and conducted marketing workshops throughout the US for AdWeek, a leading advertising industry publication. He has taught marketing courses to business professionals throughout Latin America, France, and Israel and serves as instructor in marketing for San Francisco State University Graduate School of Business, the University of California at Berkeley Extension, and the Stanford University Professional Development Program. He also teaches marketing and high technology topics at ESCP/EAP in Paris, France.
DR. DANIEL ROUACH is one of the world's leading experts ininternational technology transfer and business intelligence and is the former Dean of ESCP-EAP Full-Time MBA program. He runs in-company executive programs and seminars for companies ranging from Danone and Arthur D. Little to IBM France, Thomson, STMicroelectronics, and Bull Europe, as well as for public sector organizations.
Rouach leads the Group Technology & Innovation Lab, a Paris, France-based research center specializing in identifying and promulgating best practices for the management of technology and innovation. He teaches courses in international marketing, management of technology transfer, and business intelligence in ESCP-EAP programs.
