Get Free Ebook Startup Cities: Why Only a Few Cities Dominate the Global Startup Scene and What the Rest Should Do About It, by Peter S. Cohan
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Startup Cities: Why Only a Few Cities Dominate the Global Startup Scene and What the Rest Should Do About It, by Peter S. Cohan
Get Free Ebook Startup Cities: Why Only a Few Cities Dominate the Global Startup Scene and What the Rest Should Do About It, by Peter S. Cohan
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From the Back Cover
This book offers a comprehensive model for explaining the success and failure of cities in nurturing startups, presents detailed case studies of how participants in that model help or hinder startup activity, and shows how to apply these lessons to boost local startup activity.Startup Cities explains the factors that determine local startup success based on a detailed comparison of regional startup cities―pairing the most successful and less successful cities within regions along with insights and implications from case studies of each of the model’s elements. The book compares local city pairs, highlighting factors that distinguish successful from less successful cities and presents implications for stakeholders that arise from these principles.Peter Cohan is a lecturer of Strategy at Babson College and one of the world’s leading authorities on regional startup ecosystems. Starting in 2012, he created and led Startup Strategy courses that explore four regional startup ecosystems―Hong Kong/Singapore, Israel, Paris, and Spain/Portugal. These courses are based on an original framework for evaluating why a few cities host most startup creation and the rest fail to do so. In running these courses, Peter has built a network of local policymakers, investors, entrepreneurs, and professors from which he draws practical insights for what distinguishes successful Startup Commons from their peers. The book provides vital benefits to these stakeholders.What You’ll Learn:Local policymakers will know how to build a local team to set objectives for their local Startup Commons and develop a comprehensive strategy to realize those goalsEntrepreneurs will know how to choose where to locate their startups based on factors such as the supply and quality of talent―from chief marketing and technology officers to coders and sales people; quality of life, access to capital, customers, and mentors; and costs such as salary and real estate expenseUniversity administrators and faculty will know how to take research out of their labs and house it in companies that can commercialize that research, create academic programs that will encourage more entrepreneurship among their students, and connect with local policymakers and capital providers to spur local startup activityCapital providers will know how to scout out emerging startup cities where they can get access to the best investment opportunities at more favorable valuations and have greater influence on how the local startup scene evolves
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About the Author
Peter S. Cohan is Lecturer of Strategy at Babson College. He teaches strategy and entrepreneurship to undergraduate and MBA students at Babson College. He is the founding principal of Peter S. Cohan & Associates, a management consulting and venture capital firm. He has completed over 150 growth strategy consulting projects for global technology companies and invested in seven startups ―three of which were sold for over $2 billion. Peter has written 12 books and writes columns on entrepreneurship for Forbes, Inc, and The Worcester Telegram & Gazette. Prior to starting his firm, he worked as a case team leader for Harvard Business School professor Michael Porter’s consulting firm and taught at MIT, Stanford, and the University of Hong Kong. Peter earned an MBA from Wharton, did graduate work in computer science at MIT, and holds a BS in Electrical Engineering from Swarthmore College.
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Product details
Paperback: 271 pages
Publisher: Apress; 1st ed. edition (February 8, 2018)
Language: English
ISBN-10: 9781484233924
ISBN-13: 978-1484233924
ASIN: 1484233921
Product Dimensions:
6.1 x 0.7 x 9.2 inches
Shipping Weight: 1 pounds (View shipping rates and policies)
Average Customer Review:
4.9 out of 5 stars
10 customer reviews
Amazon Best Sellers Rank:
#414,664 in Books (See Top 100 in Books)
Excellent framework and analytical model. Packed with real world examples. I agree with Peter's conclusions.
There are a great many reasons why startups fail—and a great deal more why they succeed. It turns out that a factor common to both outcomes is where the startup is launched. Consequently, location is a question whose answer carries far more weight than aspiring founders might at first imagine.But think about it. Why do musicians flock to Nashville? Why do investment bankers migrate to Wall Street? Why do tech entrepreneurs set up shop in Silicon Valley and in Boston? The answer to each of these questions is because that’s where the respective action—the capital, the talent, the mentoring, the opportunity—exists. Like the old real estate adage, “location, location, location,†the same, it turns out, is true for startups.This is the phenomenon that Peter Cohan takes up in his insightful book, Startup Cities: Why only a Few Cities Dominate the Global Startup Scene and What the Rest Should Do about It—a book that will most certainly become a classic. The premise, that the success or failure of a venture may depend upon where one chooses to locate it, coheres in a cogent and systematic way across the book’s eight chapters, and it does so in ways that not only make for engaging reading, but that make it vitally practical as well.Startup cities boast networks and ecosystems that make them well-suited to the needs of “startup commons,†and as result, they become hubs for entrepreneurial activity. Which brings us to the second of the book’s premises: what cities with “startup envy†can do to make their communities more attractive to founders.In this sense, Startup Cities provides two blueprints in one: 1) a pragmatic focus on what is one of most important, but often neglected, elements in a business plan, and 2) a policy guide for civic administrators who want to develop and foster the kind of symbioses required to reengineer their cities for prosperous startup activity. Along the way, Cohen illustrates his deeply researched points with compelling case studies that highlight the causes of both success and failure.Another clue about the importance of this book is its author. A successful entrepreneur in his own right, Peter Cohan is also a lecturer at Babson College, which has the distinction of being ranked the No. 1 entrepreneurial school in the U.S. for two decades running. It’s Cohen’s kind of thought leadership that makes it so, and why all of Cohen’s books should be considered required reading for any aspiring entrepreneur. Startup Cities is a great—and timely—place to start.—John Schroeter, TechnicaCuriosa.com
It turns out that simple formulas for attracting and supporting startup companies don't work; cities need a complex ecosystem to stimulate growth and continuing success. Cohan's extensive research, including extensive field interviews, helps illuminate this vital subject connected to a critical source of economic/entrepreneurial growth. It will help policy makers in the public and private sectors, and inside companies looking for both where to locate and what connections to make.
I started reading Peter Cohan a few years back. I highly recommend Hungry Startup Strategies and Disciplined Growth Strategies. The ideas and research are still extremely valuable. Cohan’s books read like you are attending one of his lectures. His writing style is relatable, and the books are accessible, but he also backs it up with outstanding research. Startup Cities seems like a natural extension of his earlier work. Perhaps the most intriguing concept is the “startup commonsâ€. This should be required reading for city planners and politicians. It is also important for people who are considering creating or working with a startup. In business as in real estate it seems success may hinge on location, location, location.
Why do only a few cities dominate the global startup scene? What can cities do to make themselves more attractive to startups? In Startup Cities, Professor Peter Cohan articulates practical insights that can help policymakers, investors, universities seeking the right answers to these questions. His interviews with city leaders, capital providers, accelerators, and entrepreneurs reveal the critical importance of identifying objectively each city's world-class capabilities. Understanding these capabilities will enable cities to “boost the odds that the most pioneering entrepreneurs will locate in their regions.†At the end of the day, “the most effective force in changing a region’s values,†according to Cohan, “is a highly visible and dramatic local success story.â€
Peter Cohan (who also writes a regular column for Forbes) is an excellent author, and his latest work is among his best. The concept of "pillar companies" is a valuable contribution to our understanding of entrepreneurship. this book should be required reading both for entrepreneurs who have the luxury to decide where to base their firm, as well as mayors and other policymakers.
Startup Cities should be required reading for all entrepreneurs. This book gave me a strong understanding of why some startups thrive and why some startups fail. More often than not, entrepreneurs become so focused on their own idea that key considerations, including location, fall to the wayside. The author does a spectacular job explaining the key factors behind startup successes and his ideas and research lend itself to a highly factual yet engaging read. I’d highly recommend this book to anyone who is thinking about starting a company or anyone who is interested in working within the startup space.
Peter Cohan is a great professor in Babson College. By reading his books, I have learned so much about startup. He applies in-class knowledge into reality, which makes readers/students have better understanding of the background of successful business. Highly recommend.
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