Innovative ecosystems are coupled with the cities’ economy

In the book “Startup Communities: Entrepreneurial Building an ecosystem in your City”, the writer Ben Feld analyzes the relation between an ecosystem of startups and the region where it is installed. This net, made up of companies, startups, business accelerators and incubators and the government coexisting in a specific region, is responsible for significantly stimulating  the economy of a city and affecting the life of its inhabitants  (directly or indirectly). In a collaborative manner, these entities altogether create a kind of collaborative complex intended to stimulate an entrepreneurial and revolutionary culture. Both investors and company members along with the public authorities work together in a chain of agents engaged in the innovation. It is at this point of construction that the chosen geographic region makes all the difference.

Beyond creating an innovation center, the ecosystem is responsible for creating a structure capable of sheltering different ends that once working together will contribute for a technologically fertile environment. The Silicon Valley is the greatest reference of such a successful ecosystem. What started with eight entrepreneurs has developed into approximately 92 technological companies worth more than 1,8 trillion dollars. The idea is that in this specific region, an entrepreneurial culture was created, capable of stimulating the growth of local companies and industries. Everything has been done through knowledge sharing and coworking, with a hunger for innovation as mainstream.

In the same way, specialists and entrepreneurs in Brazil search for ways to leverage the innovative environment and the entrepreneurial culture in the country. The scenario is positive: according to a survey on entrepreneurial cities in Brazil carried by Endeavor Brazil in 2015, São Paulo, Florianópolis and Vitória are the three first leading cities considering factors such as market, human capital, infrastructure, access to capital, etc. The leading city, São Paulo, is also present in an analysis done by Compass, the Startup Ecosystem Ranking 2015, that lists the 20 biggest ecosystems in the world. It is estimated that more than 2,000 startups are active in São Paulo city and that its growth rate is the third fastest among the ecosystems ranked.

In face of the increasing entrepreneurial vocation of the country and its search for a better innovative role, Brazil has been the stage for a frequent evolution of regional ecosystems, made from resources and facilitating institutions for the whole process of initiating a business. The truth is that a startup may have a better result and return when inserted in an ecosystem; after all, networking and mutual contribution open more space for new ideas, new contacts, and new technologies.

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