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SXSW 2019

Exporting American Entrepreneurship

There are strong national research enterprises outside the US, but many foreign countries lack the commercialization ecosystem that successfully moves products from lab to market domestically. We propose an initiative to establish entrepreneurial education programs, similar to the National Science Foundation’s Innovation Corps, in certain foreign countries. Country selection would be based on factors including research capacity, US relations, opportunities for diplomacy, and capacity to support startups. The US would provide countries with grants, technical expertise, entrepreneur-in-residence experiences in the US, and shared curriculum. This program would promote global economic development and would offer a platform for US entities to identify promising investment opportunities.

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Takeaways

  1. There are many innovators around the world with good ideas but limited means to commercialize them. Everyone benefits from expanding opportunities.
  2. This is a model of foreign development assistance that results in both US and foreign companies generating profit and growing experience and networks.
  3. Stronger scientific and economic ties between countries can strengthen diplomatic relations, improve global security and promote economic development.

Speakers

Organizer

Rhonda Shrader, Executive Director, Bay Area NSF I-Corps

Meta Information:

  • Event: SXSW
  • Format: Panel
  • Track: Social & Global Impact
  • Level: Advanced
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