Damco
Danang Hi-Tech Park
savills
Dinh Vu
VSIP

Economic Sector

Last updated: Tuesday, November 21, 2017

 

Academic Roles in Start-up Ecosystem

Posted: Monday, September 11, 2017


1/ Start-up ecosystem
A start-up ecosystem is a set of start-up businesses (playing a central role of guiding and leading the start-up ecosystem) and other stakeholders (playing supporting roles called feeders), including but not limited to support organisations, funders, industry leaders, universities/research institutes and service providers with organic, co-existing and sustainable relations (see Figure 1). The government has a feeder role, e.g. building a regulatory framework, or simply referred to “rules of the game” for a start-up ecosystem. The power of the start-up ecosystems depends on the close integration of inside components of the start-up ecosystem.
Each vertical industry has its own start-up ecosystem. For example, the information technology start-up ecosystem is very different from a biotechnology start-up ecosystem. Of course, different start-up ecosystems still have intersected parts
2/ Key vectors of start-up ecosystem
According to Techstars, a start-up accelerator programme in Boulder, the United States, the development of a local start-up ecosystem depends on five key vectors as follows:
1)       Talent
2)       Culture
3)       Density
4)       Capital
5)       Regulatory framework
Wherein, talent is an underlying element of a start-up ecosystem. To develop a sustainable start-up ecosystem, it is necessary to start with young talent development to equip the young with a new entrepreneurial mindset.
3/ Roles of university in start-up ecosystem
Roles of a university in a start-up ecosystem can be defined to following main tasks:
Training and developing talents, including entrepreneurs, managers and experts; 
Providing technology (protected and unprotected), critical resource for fast-growing businesses;
Providing infrastructure facilities, laboratories for start-up businesses/projects.
The primary task of a university is to train and develop talents. The university may have an incubator but its main purpose is to create an experiential environment for students rather than business development (just a secondary product).
To train and develop entrepreneurial students, the university needs to create a holistic environment to help them experience, explore, and accumulate knowledge and skills of starting a business.
Indeed, start-up is not for all students. According to big data surveys, only 2 - 3 per cent of college students are inclined to start a business. Of these, only a small fraction of them will become entrepreneurs in the future.
Nguyen Anh Thi
Director of Information Technology Park, Vietnam National University of Ho Chi Minh City








Other news





Tong cu DL
VCB
premier-village-danang
Buhler
TBS
Thanh Binh Phu My
FLC
flamingodailai
Tan Quang Minh
Vingroup
Golf Long Thanh
Nam Kim
ippgroup
Cty Sai Gon- Tay Bac