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Commercialization through Entrepreneurship Infrastructure & Startup Acceleration

Commercialization through Entrepreneurship Infrastructure & Startup Acceleration. Dean Prelazzi Director, ICT, Wireless & Digital Media B.C. Innovation Council. 3 Key Messages. Entrepreneurship Infrastructure. Technology Entrepreneurs.

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Commercialization through Entrepreneurship Infrastructure & Startup Acceleration

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  1. Commercialization through Entrepreneurship Infrastructure & Startup Acceleration Dean PrelazziDirector, ICT, Wireless & Digital Media B.C. Innovation Council

  2. 3 Key Messages Entrepreneurship Infrastructure Technology Entrepreneurs • Entrepreneurship is the linchpin of innovation and commercialization. • Entrepreneurship Infrastructure is real and it’s REAL IMPORTANT! • a critical provincial infrastructure asset. • Business Acceleration is a core factor in Entrepreneurship Infrastructure.

  3. Case Study – San Diego 1990-1998 Source: Innovation Associates & U.S. Small Business Administration • 8 years – 46,000 new jobs • Small businesses, why? ------------------------------------------------------------------------- • Broad capacity to perform R&D (university and industry). • Strong university-industry linkages to direct R&D and drive it’s commercialization. • Availability of a skilled work force and an involved business community. • Investment capital. • Strong public sector support.

  4. Entrepreneurship InfrastructureState Science & Technology Institute (SSTI) Review of the factors of success in Silicon Valley (California), Research Triangle (North Carolina), and Route 128 (Massachusetts) Source: State Science & Technology Institute (SSTI), A Resource Guide of Technology-Based Economic Development, 2006

  5. Entrepreneurship InfrastructureOrganization for Economic Co-operation and Development (OECD) ? Research in collaboration with The Kauffman Foundation in the U.S., and the International Consortium on Entrepreneurship (ICE) led by the Danish Government. Source: Nadim Ahmad and Anders N. Hoffmann, A Framework for Addressing and Measuring Entrepreneurship, OECD Statistics Working Paper.

  6. Determinants of Entrepreneurial Performance Source: Nadim Ahmad and Anders N. Hoffmann, A Framework for Addressing and Measuring Entrepreneurship, OECD Statistics Working Paper.

  7. Business Acceleration

  8. Business Acceleration & The Innovation Continuum Market Linkages Funding Management Guidance Mentorship Niche Expertise Source: Adaptation of Canada’s Science, Technology & Innovation Council ‘s Innovation Continuum

  9. Summary • Our Future, Our Objective  High Quality, High Growth Potential technology startups. • Ideally, starts with real industry problems with global market potential. • Entrepreneurship is the linchpin of innovation and commercialization. • Entrepreneurship Infrastructure is real and it’s REAL IMPORTANT! • Business Acceleration is a core factor in Entrepreneurship Infrastructure. • Needed: • Stronger University-Industry Linkages. • Expansion and improved coordination of Business Acceleration Resources.

  10. Thank You Dean PrelazziDirector, ICT, Wireless & Digital Media

  11. Dean Prelazzi, MBA An original corporate member of Silicon Valley’s ASP Forum in the late nineties, he has spoken at numerous technology events including the Latin American Telecommunications Consortium, Telemanagement Forum, The Software Industry Information Association, Vancouver Enterprise Forum, and Business in Vancouver Breakfast Series, and the Vancouver Island Economic Summit.  He earned an Executive MBA from the University of Ottawa’s Telfer School of Management specializing in high technology sales and marketing strategy and is a volunteer mentor with New Ventures BC, SFU Technology Mentorship Program, and the Kootenay Association of Science and Technology mentorship program. Dean is also a marketing instructor at the B.C. Institute of Technology and a member of the Board of Directors of the Kids Up Front Foundation in Vancouver. Currently Director of ICT, New Media and Wireless at the B.C. Innovation Council, Dean recently authored a paper in support of the BC Business Council’s Outlook 2020 initiative on the topic of Entrepreneurship Infrastructure and Business Acceleration.  With 13 years in the technology industry, he has a diverse range of early-stage experience in sales, marketing, and product management with former employers including CrossKeys Systems (acquired by Orchestream), webHancer (acquired by Microsoft),  ACL Services, and Vivonet Canada. Dean spent four years in the U.S. (Virginia and Silicon Valley) during the crest of the tech bubble and his industry background includes carrier-grade telecommunications networking, thin-client computing, data analysis, Internet performance, enterprise and business productivity applications, digital media/social networking, and SaaS applications.

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