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I’ve added some of those insights here while I work on a more comprehensive resource guide to mapping entrepreneurship ecosystems. What is Ecosystem Mapping and Why Do It? Ecosystem mapping can be thought of as the practice of observing, analyzing and visualizing an entrepreneurialecosystem.
One key aspiration was driving job creation and attracting young adults to the area by providing more support for entrepreneurs, innovators and small businesses. This was the first step in building Nebraska’s entrepreneurialecosystem, but more funding was needed in order to expand the initiative statewide.
The concept of building networks of support, or what has sometimes been referred to as, forging “entrepreneurialecosystems”, has been a key focus for many advancing the idea that innovation and entrepreneurship will be the future of not just our recovery- but the necessary inclusive pathway for economic advancement and wealth building for all.
Mazzucato’s overarching argument is that (a) the state’s role in driving innovation, and therefore economic growth, is much larger than is reflected by market reward mechanisms, and (b) a primary driver behind this lopsided arrangement is the flawed way we value a range of inputs to production.
As the Economic Innovation Group states, “the startup-less recovery revealed one of the glaring failures of the response to the Great Recession.” At Forward Cities we are working with a growing number of communities to foster cross-sector teams committed to strengthening their equitable entrepreneurialecosystems.
Congressional committees have held scores of hearings, lawsuits have been filed and legislation has been introduced to regulate privacy and datacollection. The knock-on effect of these reforms for young companies and their venture investors is unclear.
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