SlideShare a Scribd company logo
1 of 36
2016 Global Conference on Advances in Management
Thank you for creating an opportunity to share the story of our shift to an
entrepreneurial community in Jacksonville (FL).
Jacksonville
A cross sectional case series of
by Carlton L. Robinson, DBA
Techniques for analysis
• Chronological explanation building
• Descriptive times-series analysis
• Logic model © 2016 Carlton L. Robinson, DBA
Jacksonville
Elevation of an entrepreneurial ecosystem: A resource provider perspective
• Golden Age (Phenomenon)
• Silver Age (Context)
• Bronze Age (Context)
• Heroic Age (Context)
© 2016 Carlton L. Robinson, DBA
The Golden Age (1998-2010)
The shift to an entrepreneurial economy:
• Phenomenon of study: Entrepreneurship’s role in economic growth
• Establishments
• Jobs
• Sales
• Exploratory case study
• Empirical investigation related to correlates of growth
© 2016 Carlton L. Robinson, DBA
Smaller businesses grew at a higher rate
Small business employment grew
Small business sales volume grew
© 2016 Carlton L. Robinson, DBA
Data sources: Edward Lowe Foundation and National Establishment Time Series (1998-2010)
The significance of the correlates of growth differ between National, State, and Regional populations.
• Conclusion: Entrepreneurial ecosystems are not transferrable.
• Conclusion: Entrepreneurship’s role in economic growth is related to localized business activity
• Ecosystem Implication: Be the best where you are and leverage local resources.
© 2016 Carlton L. Robinson, DBA
Data sources: Edward Lowe Foundation and National Establishment Time Series (1998-2010)
Entrepreneurial
Economy
Stage 1 segment
increased sales by over
300%
Stage 1 segment shows
job growth of nearly 60k
© 2016 Carlton L. Robinson, DBA
Data sources: Edward Lowe Foundation and National Establishment Time Series (1998-2015)
The Silver Age (2011-2013)
Entrepreneurs take the lead
• Meetups
• One Spark
• Startup Weekend
• Startup Quest
Leading infrastructure institutions change value system for small business and entrepreneurs
• Academic institutions, economic development agencies, and government entities accept the challenge of doing
something different.
• JAX Chamber creates new position: Senior Director for Entrepreneurial Growth
Entrepreneurial Eclipse takes place © 2016 Carlton L. Robinson, DBA
Asset Mapping Exercise funded by City
of Jacksonville and JAX Chamber
Participants:
• Beaver Street Enterprise
• City of Jacksonville
• Edward Lowe Foundation
• Entrepreneurs
• Florida State College at
Jacksonville
• Jacksonville University
• Small Business Administration
• SBDC at University of North
Florida
© 2016 Carlton L. Robinson, DBA
JAX CHAMBER
COUNCILS
ONLINE EDUCATION
UNIVERSITIES &
COLLEGES
NON-PROFIT
CENTER of NEFL
CAREERSOURCE
FLORIDA
ASSET MAP
JAX SMALL BIZ HELP
JAXUSA REGIONAL
PARTNERSHIP
NON-PROFIT
RESEARCH INSTITUTIONS &
HOSPITALS
JAXBIZ
GOVERNMENT
LINKS
ENTREPRENEURS
Nor theast Florida Entrepreneurial
Ecosystem
JAX CHAMBER
ONE STOP ONLINE PORTAL
INNOVATION CENTER
FLVEC
JAX CHAMBER
WORKFORCE
DEVLOPMENT
INCUBATORS &
ACCELERATORS
© 2016 Carlton L. Robinson, DBA
Entrepreneurs are always at the core of every ecosystem
© 2016 Carlton L. Robinson, DBA
Data sources: http://www.innovatenortheastflorida.com
© 2016 Carlton L. Robinson, DBA
Data sources: http://www.innovatenortheastflorida.com
© 2016 Carlton L. Robinson, DBA
Entrepreneurs take the lead 2012 to present
© 2016 Carlton L. Robinson, DBA
Entrepreneurs take the lead 2013, 2014, 2015
Entrepreneurs take the lead 2011 to present
Entrepreneurs take the lead: 2012 to present
© 2016 Carlton L. Robinson, DBA
Entrepreneurs take the lead 2013 to present
Source: One Spark (2013)
© 2016 Carlton L. Robinson, DBA
Entrepreneurs take the lead 2013 to present
Entrepreneurs take the lead 2013 to present
Entrepreneurs take the lead 2013 to present
Entrepreneurs take the lead 2013 to present
Entrepreneurs take the lead 2013 to present
Entrepreneurs take the lead 2014 to present
The Bronze Age (2014-2015)
Emergence of curators and technology to connect with entrepreneurial stakeholders
Induced entrepreneurial density (Rallies)
Startup Community controlled by entrepreneurs
© 2016 Carlton L. Robinson, DBA
© 2016 Carlton L. Robinson, DBASource: One Spark (2013-2015)
© 2016 Carlton L. Robinson, DBA
The Heroic Age (2016)
Jacksonville is a nationally recognized entrepreneurial community
Feedback loops
Implications
Recommendations
© 2016 Carlton L. Robinson, DBA
Makeup of clients served has changed
© 2016 Carlton L. Robinson, DBASource: SBDC at UNF Client database (2011, 2015)
Needs for small business remain consistent
© 2016 Carlton L. Robinson, DBASource: SBDC at UNF Client database (2011, 2015)
Needs of entrepreneurs change
Which 3 areas of your supply chain need the most attention?
© 2016 Carlton L. Robinson, DBASource: JAX Chamber JAX Bridges program Cohorts (2014, 2015)
Intentions of entrepreneurs evolve
What are your top two unique maximizers or primary motivations for owning/growing your business?
© 2016 Carlton L. Robinson, DBASource: JAX Chamber JAX Bridges program Cohorts (2014, 2015)
Access for entrepreneurs must expand
What is the size of the largest company you have done business with in the past 24 months?
© 2016 Carlton L. Robinson, DBASource: JAX Chamber JAX Bridges program Cohorts (2014, 2015)
Entrepreneurial
Economy:
Stage 1 segment created
nearly 18k new businesses
in last 5 years
Stage 1 segment
increased sales by 75% in
last 5 years
Stage 1 segment shows
only positive job growth:
Added 30k jobs in 5 years
© 2016 Carlton L. Robinson, DBA
Data sources: Edward Lowe Foundation, YourEconomy Time Series, and National Establishment Time Series (1998-2010)
Backlog
Curator
Phase
Catalyse
Phase
Rally
Entrepreneurs
Immediate
Entrepreneurial
Needs
Backlog activities
ERP
Sprint
Cycle
Asset mapping
activities
Systemic
convergence of
curators
Small Business
Programs and
Entrepreneurial
Services & Events
Wireframe:
Ecosystem
Services
Business
Planning
Assets
Capital
Building
Assets
(F-T-MO)
Rallying
Assets
Product
Development
Assets
Customer
Development
Assets
(F-T-MO)
Government
Assets
Density
Building
Assets
© 2016 Carlton L. Robinson, DBA
Entrepreneurial Ages Logic Model: Heroic Age
Jacksonville is an environment for entrepreneurial success
© 2016 Carlton L. Robinson, DBA
Implications
• Northeast Florida has benefited from its shift to an
entrepreneurial community.
• At least four types of catalyst in an entrepreneurial
ecosystem: entrepreneurs, curators, resource providers,
and leading infrastructure institutions.
• The Entrepreneurial Ages Logic Model could serve as an
educational foundation for resource providers and
leading organizations seeking ecosystem development.
• Partnerships between Stage 0 & 1 companies could lead
to an increase in sales, establishments, and jobs of Stage
2 companies.
• Stage 1 businesses have had the largest impact on the
economic growth of Northeast Florida in the past five
years.
• Policies designed to promote and accelerate growth of
Stage 1 companies could lead to an increase in sales,
establishments, and jobs.
Future Research
• How many businesses have emerged as a result of solving
localized problems?
• What role does curation play in ecosystem development?
• Does industry play a significant role in growth rates of
stage 0, 1, and 2 companies?
• What impact does an economic contraction have on
growth rates at each stage of business?
What are the causes of stagnation of growth in stage 2, 3,
and 4 related to establishments, sales, and/or jobs?
• What external factors distinguish the Northeast business
community related to employment, establishments, and
sales.
• How do the economic growth patterns of Stage 1
business compare between regions?
• What is the value of entrepreneurial density?
© 2016 Carlton L. Robinson, DBA

More Related Content

Viewers also liked

TAYLOR ATKINSON QD007 THEORY ELEMENT CERTIFICATE_OF_TRAINING EASA
TAYLOR ATKINSON QD007 THEORY ELEMENT CERTIFICATE_OF_TRAINING EASATAYLOR ATKINSON QD007 THEORY ELEMENT CERTIFICATE_OF_TRAINING EASA
TAYLOR ATKINSON QD007 THEORY ELEMENT CERTIFICATE_OF_TRAINING EASA
Taylor Atkinson
 
Presentación del tabaco
Presentación del tabacoPresentación del tabaco
Presentación del tabaco
Michelleivette
 
SISTEMA DE ECUACIONES CUADRATICAS
SISTEMA DE ECUACIONES CUADRATICAS SISTEMA DE ECUACIONES CUADRATICAS
SISTEMA DE ECUACIONES CUADRATICAS
jacqueline llamuca
 

Viewers also liked (16)

TAYLOR ATKINSON QD007 THEORY ELEMENT CERTIFICATE_OF_TRAINING EASA
TAYLOR ATKINSON QD007 THEORY ELEMENT CERTIFICATE_OF_TRAINING EASATAYLOR ATKINSON QD007 THEORY ELEMENT CERTIFICATE_OF_TRAINING EASA
TAYLOR ATKINSON QD007 THEORY ELEMENT CERTIFICATE_OF_TRAINING EASA
 
Computer Studies
Computer StudiesComputer Studies
Computer Studies
 
Legal Landmines for Startups: How to Manage Risks and Avoid Pitfalls
Legal Landmines for Startups: How to Manage Risks and Avoid PitfallsLegal Landmines for Startups: How to Manage Risks and Avoid Pitfalls
Legal Landmines for Startups: How to Manage Risks and Avoid Pitfalls
 
Java 8 e futuro
Java 8 e futuroJava 8 e futuro
Java 8 e futuro
 
SISTEMAS DE ECUACIONES LINEALES
SISTEMAS  DE ECUACIONES LINEALESSISTEMAS  DE ECUACIONES LINEALES
SISTEMAS DE ECUACIONES LINEALES
 
Small business credit workshop
Small business credit workshopSmall business credit workshop
Small business credit workshop
 
Hydraulics6
Hydraulics6Hydraulics6
Hydraulics6
 
Are classical tests of repeated sprint ability in football externally valid
Are classical tests of repeated sprint ability in football externally validAre classical tests of repeated sprint ability in football externally valid
Are classical tests of repeated sprint ability in football externally valid
 
Analisis performa kecepatan mapreduce pada hadoop menggunakan tcp packet flow...
Analisis performa kecepatan mapreduce pada hadoop menggunakan tcp packet flow...Analisis performa kecepatan mapreduce pada hadoop menggunakan tcp packet flow...
Analisis performa kecepatan mapreduce pada hadoop menggunakan tcp packet flow...
 
El sentido del tacto
El sentido del tactoEl sentido del tacto
El sentido del tacto
 
Presentación del tabaco
Presentación del tabacoPresentación del tabaco
Presentación del tabaco
 
SISTEMA DE ECUACIONES CUADRATICAS
SISTEMA DE ECUACIONES CUADRATICAS SISTEMA DE ECUACIONES CUADRATICAS
SISTEMA DE ECUACIONES CUADRATICAS
 
Técnicas de recuperação para atletas
Técnicas de recuperação para atletasTécnicas de recuperação para atletas
Técnicas de recuperação para atletas
 
ASME Section VIII Div 1. design training
ASME Section VIII Div 1.  design trainingASME Section VIII Div 1.  design training
ASME Section VIII Div 1. design training
 
Concrete
Concrete Concrete
Concrete
 
What is Eddystone
What is EddystoneWhat is Eddystone
What is Eddystone
 

Similar to Elevating Entrepreneurial Ecosystems

Columbus2020! overview mode
Columbus2020! overview   modeColumbus2020! overview   mode
Columbus2020! overview mode
Columbus Chamber
 
What is LEAP
What is LEAPWhat is LEAP
What is LEAP
LEAPInc
 
Launch Lawton Brochure
Launch Lawton BrochureLaunch Lawton Brochure
Launch Lawton Brochure
Nicole Bucher
 
Gac slide show
Gac slide showGac slide show
Gac slide show
Mhoopes
 
Jan McDaniel Profile 2016
Jan McDaniel Profile 2016Jan McDaniel Profile 2016
Jan McDaniel Profile 2016
Jan McDaniel
 
Soccap 8 31 09ppt
Soccap 8 31 09pptSoccap 8 31 09ppt
Soccap 8 31 09ppt
JeffCheung
 
TSI-AR-15 online low res
TSI-AR-15 online low resTSI-AR-15 online low res
TSI-AR-15 online low res
Sam Wagner
 

Similar to Elevating Entrepreneurial Ecosystems (20)

Columbus2020! overview mode
Columbus2020! overview   modeColumbus2020! overview   mode
Columbus2020! overview mode
 
Update on Youngstown Center City Organization Assessment
Update on Youngstown Center City Organization AssessmentUpdate on Youngstown Center City Organization Assessment
Update on Youngstown Center City Organization Assessment
 
What is LEAP
What is LEAPWhat is LEAP
What is LEAP
 
Trends in Economic Development, TN Basic Economic Development Course 2013
Trends in Economic Development, TN Basic Economic Development Course 2013Trends in Economic Development, TN Basic Economic Development Course 2013
Trends in Economic Development, TN Basic Economic Development Course 2013
 
Transforming Legacy Cities for the Next Economy
Transforming Legacy Cities for the Next EconomyTransforming Legacy Cities for the Next Economy
Transforming Legacy Cities for the Next Economy
 
Launch Lawton Brochure
Launch Lawton BrochureLaunch Lawton Brochure
Launch Lawton Brochure
 
Gac slide show
Gac slide showGac slide show
Gac slide show
 
Support for small businesses: Identifying the needs of minority-owned firms -...
Support for small businesses: Identifying the needs of minority-owned firms -...Support for small businesses: Identifying the needs of minority-owned firms -...
Support for small businesses: Identifying the needs of minority-owned firms -...
 
Presentation to Medina Econ Dev Corp
Presentation to Medina Econ Dev CorpPresentation to Medina Econ Dev Corp
Presentation to Medina Econ Dev Corp
 
Jan McDaniel Profile 2016
Jan McDaniel Profile 2016Jan McDaniel Profile 2016
Jan McDaniel Profile 2016
 
10 02 16 Veb Strategic Planning Meeting
10 02 16 Veb Strategic Planning Meeting10 02 16 Veb Strategic Planning Meeting
10 02 16 Veb Strategic Planning Meeting
 
10 02-16 veb strategic planning meeting
10 02-16 veb strategic planning meeting10 02-16 veb strategic planning meeting
10 02-16 veb strategic planning meeting
 
Working Cities Challenge
Working Cities ChallengeWorking Cities Challenge
Working Cities Challenge
 
DC Doing Business Guide: 2014/2015 Edition
DC Doing Business Guide: 2014/2015 EditionDC Doing Business Guide: 2014/2015 Edition
DC Doing Business Guide: 2014/2015 Edition
 
Real Estate Development and Reuse (part 1), TN Basic Economic Development Cou...
Real Estate Development and Reuse (part 1), TN Basic Economic Development Cou...Real Estate Development and Reuse (part 1), TN Basic Economic Development Cou...
Real Estate Development and Reuse (part 1), TN Basic Economic Development Cou...
 
Soccap 8 31 09ppt
Soccap 8 31 09pptSoccap 8 31 09ppt
Soccap 8 31 09ppt
 
Winning the Talent War: Make It or Take It
Winning the Talent War: Make It or Take ItWinning the Talent War: Make It or Take It
Winning the Talent War: Make It or Take It
 
TLC - Sunrise Rotary Club Presentation
TLC - Sunrise Rotary Club PresentationTLC - Sunrise Rotary Club Presentation
TLC - Sunrise Rotary Club Presentation
 
Counties Play an Important Role in Economic Development
Counties Play an Important Role in Economic DevelopmentCounties Play an Important Role in Economic Development
Counties Play an Important Role in Economic Development
 
TSI-AR-15 online low res
TSI-AR-15 online low resTSI-AR-15 online low res
TSI-AR-15 online low res
 

More from Carlton Lamar Robinson, DBA

More from Carlton Lamar Robinson, DBA (12)

DocCLR Community Prez-UVU.pptx
DocCLR Community Prez-UVU.pptxDocCLR Community Prez-UVU.pptx
DocCLR Community Prez-UVU.pptx
 
DocCLR Community Prez-UNF.pptx
DocCLR Community Prez-UNF.pptxDocCLR Community Prez-UNF.pptx
DocCLR Community Prez-UNF.pptx
 
DigitalTwinz3
DigitalTwinz3 DigitalTwinz3
DigitalTwinz3
 
DigitalTwinz2
DigitalTwinz2 DigitalTwinz2
DigitalTwinz2
 
DigitalTwinz1
DigitalTwinz1DigitalTwinz1
DigitalTwinz1
 
2020 JSEB Overview.pptx
2020 JSEB Overview.pptx2020 JSEB Overview.pptx
2020 JSEB Overview.pptx
 
The Web3 Innovator's Journey by Carlton L Robinson, DBA
The Web3 Innovator's Journey by Carlton L Robinson, DBAThe Web3 Innovator's Journey by Carlton L Robinson, DBA
The Web3 Innovator's Journey by Carlton L Robinson, DBA
 
V15 Bridges Session One
V15 Bridges Session OneV15 Bridges Session One
V15 Bridges Session One
 
Blue Ocean Strategy
Blue Ocean StrategyBlue Ocean Strategy
Blue Ocean Strategy
 
Bridges VP Development II
Bridges VP Development IIBridges VP Development II
Bridges VP Development II
 
2015 JAXUSA Partnership Meeting
2015 JAXUSA Partnership Meeting2015 JAXUSA Partnership Meeting
2015 JAXUSA Partnership Meeting
 
2015 @JAXCoE Innovation Community Conference
2015 @JAXCoE Innovation Community Conference2015 @JAXCoE Innovation Community Conference
2015 @JAXCoE Innovation Community Conference
 

Recently uploaded

!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
DUBAI (+971)581248768 BUY ABORTION PILLS IN ABU dhabi...Qatar
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
daisycvs
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 
Structuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdfStructuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdf
laloo_007
 

Recently uploaded (20)

Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAIGetting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
Getting Real with AI - Columbus DAW - May 2024 - Nick Woo from AlignAI
 
Rice Manufacturers in India | Shree Krishna Exports
Rice Manufacturers in India | Shree Krishna ExportsRice Manufacturers in India | Shree Krishna Exports
Rice Manufacturers in India | Shree Krishna Exports
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
!~+971581248768>> SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUD...
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
Power point presentation on enterprise performance management
Power point presentation on enterprise performance managementPower point presentation on enterprise performance management
Power point presentation on enterprise performance management
 
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All TimeCall 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 Updated
 
Cracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' SlideshareCracking the 'Career Pathing' Slideshare
Cracking the 'Career Pathing' Slideshare
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
 
Structuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdfStructuring and Writing DRL Mckinsey (1).pdf
Structuring and Writing DRL Mckinsey (1).pdf
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 

Elevating Entrepreneurial Ecosystems

  • 1. 2016 Global Conference on Advances in Management Thank you for creating an opportunity to share the story of our shift to an entrepreneurial community in Jacksonville (FL).
  • 2. Jacksonville A cross sectional case series of by Carlton L. Robinson, DBA Techniques for analysis • Chronological explanation building • Descriptive times-series analysis • Logic model © 2016 Carlton L. Robinson, DBA
  • 3. Jacksonville Elevation of an entrepreneurial ecosystem: A resource provider perspective • Golden Age (Phenomenon) • Silver Age (Context) • Bronze Age (Context) • Heroic Age (Context) © 2016 Carlton L. Robinson, DBA
  • 4. The Golden Age (1998-2010) The shift to an entrepreneurial economy: • Phenomenon of study: Entrepreneurship’s role in economic growth • Establishments • Jobs • Sales • Exploratory case study • Empirical investigation related to correlates of growth © 2016 Carlton L. Robinson, DBA
  • 5. Smaller businesses grew at a higher rate Small business employment grew Small business sales volume grew © 2016 Carlton L. Robinson, DBA Data sources: Edward Lowe Foundation and National Establishment Time Series (1998-2010)
  • 6. The significance of the correlates of growth differ between National, State, and Regional populations. • Conclusion: Entrepreneurial ecosystems are not transferrable. • Conclusion: Entrepreneurship’s role in economic growth is related to localized business activity • Ecosystem Implication: Be the best where you are and leverage local resources. © 2016 Carlton L. Robinson, DBA Data sources: Edward Lowe Foundation and National Establishment Time Series (1998-2010)
  • 7. Entrepreneurial Economy Stage 1 segment increased sales by over 300% Stage 1 segment shows job growth of nearly 60k © 2016 Carlton L. Robinson, DBA Data sources: Edward Lowe Foundation and National Establishment Time Series (1998-2015)
  • 8. The Silver Age (2011-2013) Entrepreneurs take the lead • Meetups • One Spark • Startup Weekend • Startup Quest Leading infrastructure institutions change value system for small business and entrepreneurs • Academic institutions, economic development agencies, and government entities accept the challenge of doing something different. • JAX Chamber creates new position: Senior Director for Entrepreneurial Growth Entrepreneurial Eclipse takes place © 2016 Carlton L. Robinson, DBA
  • 9. Asset Mapping Exercise funded by City of Jacksonville and JAX Chamber Participants: • Beaver Street Enterprise • City of Jacksonville • Edward Lowe Foundation • Entrepreneurs • Florida State College at Jacksonville • Jacksonville University • Small Business Administration • SBDC at University of North Florida © 2016 Carlton L. Robinson, DBA
  • 10. JAX CHAMBER COUNCILS ONLINE EDUCATION UNIVERSITIES & COLLEGES NON-PROFIT CENTER of NEFL CAREERSOURCE FLORIDA ASSET MAP JAX SMALL BIZ HELP JAXUSA REGIONAL PARTNERSHIP NON-PROFIT RESEARCH INSTITUTIONS & HOSPITALS JAXBIZ GOVERNMENT LINKS ENTREPRENEURS Nor theast Florida Entrepreneurial Ecosystem JAX CHAMBER ONE STOP ONLINE PORTAL INNOVATION CENTER FLVEC JAX CHAMBER WORKFORCE DEVLOPMENT INCUBATORS & ACCELERATORS © 2016 Carlton L. Robinson, DBA Entrepreneurs are always at the core of every ecosystem
  • 11. © 2016 Carlton L. Robinson, DBA Data sources: http://www.innovatenortheastflorida.com
  • 12. © 2016 Carlton L. Robinson, DBA Data sources: http://www.innovatenortheastflorida.com
  • 13. © 2016 Carlton L. Robinson, DBA Entrepreneurs take the lead 2012 to present
  • 14. © 2016 Carlton L. Robinson, DBA Entrepreneurs take the lead 2013, 2014, 2015
  • 15. Entrepreneurs take the lead 2011 to present
  • 16. Entrepreneurs take the lead: 2012 to present
  • 17. © 2016 Carlton L. Robinson, DBA Entrepreneurs take the lead 2013 to present Source: One Spark (2013)
  • 18. © 2016 Carlton L. Robinson, DBA Entrepreneurs take the lead 2013 to present
  • 19. Entrepreneurs take the lead 2013 to present
  • 20. Entrepreneurs take the lead 2013 to present
  • 21. Entrepreneurs take the lead 2013 to present
  • 22. Entrepreneurs take the lead 2013 to present
  • 23. Entrepreneurs take the lead 2014 to present
  • 24. The Bronze Age (2014-2015) Emergence of curators and technology to connect with entrepreneurial stakeholders Induced entrepreneurial density (Rallies) Startup Community controlled by entrepreneurs © 2016 Carlton L. Robinson, DBA
  • 25. © 2016 Carlton L. Robinson, DBASource: One Spark (2013-2015)
  • 26. © 2016 Carlton L. Robinson, DBA
  • 27. The Heroic Age (2016) Jacksonville is a nationally recognized entrepreneurial community Feedback loops Implications Recommendations © 2016 Carlton L. Robinson, DBA
  • 28. Makeup of clients served has changed © 2016 Carlton L. Robinson, DBASource: SBDC at UNF Client database (2011, 2015)
  • 29. Needs for small business remain consistent © 2016 Carlton L. Robinson, DBASource: SBDC at UNF Client database (2011, 2015)
  • 30. Needs of entrepreneurs change Which 3 areas of your supply chain need the most attention? © 2016 Carlton L. Robinson, DBASource: JAX Chamber JAX Bridges program Cohorts (2014, 2015)
  • 31. Intentions of entrepreneurs evolve What are your top two unique maximizers or primary motivations for owning/growing your business? © 2016 Carlton L. Robinson, DBASource: JAX Chamber JAX Bridges program Cohorts (2014, 2015)
  • 32. Access for entrepreneurs must expand What is the size of the largest company you have done business with in the past 24 months? © 2016 Carlton L. Robinson, DBASource: JAX Chamber JAX Bridges program Cohorts (2014, 2015)
  • 33. Entrepreneurial Economy: Stage 1 segment created nearly 18k new businesses in last 5 years Stage 1 segment increased sales by 75% in last 5 years Stage 1 segment shows only positive job growth: Added 30k jobs in 5 years © 2016 Carlton L. Robinson, DBA Data sources: Edward Lowe Foundation, YourEconomy Time Series, and National Establishment Time Series (1998-2010)
  • 34. Backlog Curator Phase Catalyse Phase Rally Entrepreneurs Immediate Entrepreneurial Needs Backlog activities ERP Sprint Cycle Asset mapping activities Systemic convergence of curators Small Business Programs and Entrepreneurial Services & Events Wireframe: Ecosystem Services Business Planning Assets Capital Building Assets (F-T-MO) Rallying Assets Product Development Assets Customer Development Assets (F-T-MO) Government Assets Density Building Assets © 2016 Carlton L. Robinson, DBA Entrepreneurial Ages Logic Model: Heroic Age
  • 35. Jacksonville is an environment for entrepreneurial success © 2016 Carlton L. Robinson, DBA
  • 36. Implications • Northeast Florida has benefited from its shift to an entrepreneurial community. • At least four types of catalyst in an entrepreneurial ecosystem: entrepreneurs, curators, resource providers, and leading infrastructure institutions. • The Entrepreneurial Ages Logic Model could serve as an educational foundation for resource providers and leading organizations seeking ecosystem development. • Partnerships between Stage 0 & 1 companies could lead to an increase in sales, establishments, and jobs of Stage 2 companies. • Stage 1 businesses have had the largest impact on the economic growth of Northeast Florida in the past five years. • Policies designed to promote and accelerate growth of Stage 1 companies could lead to an increase in sales, establishments, and jobs. Future Research • How many businesses have emerged as a result of solving localized problems? • What role does curation play in ecosystem development? • Does industry play a significant role in growth rates of stage 0, 1, and 2 companies? • What impact does an economic contraction have on growth rates at each stage of business? What are the causes of stagnation of growth in stage 2, 3, and 4 related to establishments, sales, and/or jobs? • What external factors distinguish the Northeast business community related to employment, establishments, and sales. • How do the economic growth patterns of Stage 1 business compare between regions? • What is the value of entrepreneurial density? © 2016 Carlton L. Robinson, DBA