Ecosystem: Austin TX

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Project
Ecosystem: Austin TX
Project logo 02.png
Project Information
Has title Ecosystem: Austin or Houston
Has owner Yi Ma
Has start date 2019/03/12
Has deadline date 2019/03/28
Has project status Active
Subsumed by: Incubators in Five Ecosystems
Copyright © 2019 edegan.com. All Rights Reserved.


Austin/Houston Project

This page shows the main progress, findings and relevant information on the Austin/Houston Project that belongs to Kauffman Incubator Project

For additional information on the entrepreneurial ecosystem of Austin, please refer to the blog post Austin TX Emerging Ecosystems (Blog Post)


Key Question: Austin or Houston?

Pros of Austin

- An entrepreneurship hot spot: Austin ranks higher than Houston in Startup Activity (based on rate of new entrepreneurs, opportunity share of new entrepreneurs and startup density) from The Kauffman Startup Activity Metro Report (from 2014 to 2017)

- A city endorsed with high-tech industry: Austin is often selected and ranked highly as a successful high-tech city mainly due to the presence of large technology companies like IBM, 3M, Apple, Hewlett-Packard, Google, Facebook, AMD, Applied Materials, National Instruments and many others.

- Comparative study opportunity: Austin, along with Silicon Valley and Route 128 in Boston are the most frequently investigated sites for case studies (Smilor et al. 1998). Moreover, its close bond with Silicon Valley provides opportunities for comparative studies between the two areas.

- Available data source; the Ewing Marion Kauffman Foudation is supporting the creation of a unique relational database that will contain longitudinal data on technology-intensive entrepreneurial ventures in Austin. The 18-month project (Fall 2015 – Spring 2017) involves developing a database that collects firm and founder information from at least 20 third-party databases (e.g., National Establishment Time Series (NETS), Crunchbase, and Linkedin), entrepreneurial firms’ websites, government primary data sources (e.g., Census of Population and American Community Survey), and local newspapers (e.g., Austin American Statesmen, Austin Business Journal).

- Available research institution: The IC² Institute is an interdisciplinary research unit of The University of Texas at Austin which works to advance the theory and practice of entrepreneurial wealth creation.

Cons of Austin: