Feld: Governments and universities must participate in startup networks, not control them
Brad Feld · a16z Podcast | How Innovation Ecosystems Grow Around the Globe · Jan 2, 2019 · at 15:34
Brad Feld, venture capitalist and startup community expert, explains the proper role of civic and academic institutions in fostering regional tech ecosystems.
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“Often, and especially, you know, in different parts of the economic cycle, you have top-down focus, and you have government start to try to organize what's going on in the startup community, or you have academia or university in the city try to become the central point of what's going on, and that is not going to be a successful path. What is a successful path is when those institutions figure out how to attach to the chaotic network that's being built and participate in the network rather than try to control it.”
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