Creating an Ecosystem

CityStateBiz.  The innovation and business news.
By  on October 16, 2013
Traditional neoclassical economics looks at an economic system and in theory, predicts that inputs of land, labor, capital, and technology will result in value outputs.  Solid theory, yes, but we all know it is not that simple.  In reality, the presence of those inputs does not just equal the output.  A + b does not equal c.  There are faces behind those inputs in the form of landlords, engineers, investors, and scientists that make our equation a little more complicated.  All of these individuals are biological living systems with different thoughts, emotions, personalities, and needs. 

So what does our equation look like now? More like 2(a + b) x 7(c + d) / (e x 5) = f.  Please Excuse My Dear Aunt Sally! It might be time to brush up on our middle school algebra lessons and revisit the PEMDAS method for solving this order of operations.  (By the way, submissions for a killer New Leaf version of the PEMDAS acronym are now being accepted).

These concepts all stem from a book called The Rainforest: The Secret to Building the Next Silicon Valley by Victor Hwang and Greg Horowitt.  The authors are experts at the intersection of venture capital and global development who propose a new theory to explain the nature of innovation ecosystems.  They recognize the value in human networks and emphasize that available resources are not enough to form an efficient system; rather, the manner in which these resources and individuals interact and work together is what makes a network viable and successful.

So how does this perspective relate to the culture we are creating at New Leaf?  We recognize that, like a rainforest, our community has a diverse set of inputs in the form of talent, ideas, and skills that, if integrated properly, have the potential to create some pretty awesome things.  So we are establishing our culture so that it provides the outlets for these human networks to flourish.  We believe we can create our own thriving rainforest in the Centre region.  It will be our job to build connections and relationships that transcend various disciplines, generations, and sectors and contribute to a diverse innovative ecosystem that avoids the pitfalls of social barriers.  The secret recipe of Rainforests is about people and how they interact with each other. 

Read more here…

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