DisclaimerThe author’s views expressed in this publication do not necessary reflect the views of the United States Agency for International Development or the United States Government.
APRIL 27, 2016 @theChange_rs
http://thechange.rs
http://thechange.rs
Tech startups: What are they and why have they become a global phenomenon Republic of Moldova: Current situation of tech entrepreneurship
Moving Forward: STARTUP MOLDOVA
POIN
TS O
F DIS
CUSS
ION
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GLOB
AL TE
CH R
EVOL
UTIO
NImpact of The Internet - The 3.5 billionth person going online is happening now;
Cost - Cost of Starting A Business is Plummeting!
Youth Power – Searching for meaning, not enchanted by conventional ways; equal opportunities;
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• There are over 20 million people unemployed in the EU today. • Europe faces 800,000 shortfall in skilled ICT workers by 2020
FACT
S
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IMPA
CTDenmark - Brain gain Slovakia - 22 local tech companies pay 1% of country’s taxes Chile - in 5 yrs: 45% increase in interest from local entrepreneurs Lithuania - 90% survival rate of startups Georgia - higher investments - more interest Malaysia - 5000 school kids and youth trained in programming
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TECH
STA
RTUP
S 1. Favorable regulations and taxes
2. Better access to financing
3. Easier access to talent
4. Education promoting entrepreneurship and programming skills
5. Startup-friendly infrastructure
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ECOS
YSTE
MLEADERS STAKEHOLDERS FRAMEWORKS
RESOURCES ACTIVITIES ENGAGEMENT
ROLE MODELSINFRASTRUCTURE CAPABILITY COMMUNITY
CULTURE
* Inspired by The Rainforest Canvas
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Government
CommunityPrivate Sector
STARTUP MOLDOVA
STAR
TUP M
OLDO
VA
- R&D Investment
- Corporate Entrepreneurship Responsibility
- Sponsorships
- Policy
- Framework
- Funding
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STARTUP MOLDOVA• Position Moldova as the innovation
and entrepreneurship bridge between West and East
• Spur the innovation culture
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STAR
TUP M
OLDO
VA G
OALS
SHORT TERM - More startups - Increase in the startup
survival rate - Increase in population
interest in creating new tech startups
- Recycled entrepreneurship
LONG TERM - Increase in GDP - Increase in FDI - Increase in Patents - Reverse of Brain Drain - Scale-ups - Productivity - Exits - Happiness Index
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STARTUP MOLDOVA “Economic growth springs from
better recipes, not just from more cooking.”
Paul M. Romer
Stanford University
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