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The Impact of Entrepreneurship Hubs on Urban Venture Capital Investment (view source)
Revision as of 11:23, 8 July 2016
, 11:23, 8 July 2016→Summer 2016 Work
A general overview of entrepreneurial ecosystems can be found here: [[Entrepreneurial Ecosystem]].
=Summer 2016 Current Work=
==General Overview==
Currently there are two major tasks being performed (list to be updated):
#Creation of VC data table: '''Update: Complete''' (see below)
#'''Creation of Hubs Dataset''': As of Spring 2016, a list of potential Hubs with a set of characteristics was created. Many of these are not what will be defined as Hubs. We will be creating a scorecard to help subjectively define Hubs based on certain characteristics. To do so:##ExampleWe will determine variables we would like to use for scorecard##Create a process via Mechanical Turk to streamline the updating of the list
==Work In Progress==
'''Hubs Data'''
'''(Week of 7/4)'''
1) We have created the list and commented our thoughts after ---. For determining the variables, we have separated the list into two parts: a list of desired variables and ones that were previously collected, many of which are desired variables.
2) We have also created an example of how to write mechanical turks for collecting certain variables (to be updated 7/8)
===Variables===
Ideally, we would have the following variables (not collected previously):
*Onsite VC/Angel/Investors (Count or binary)
*Onsite Mentors (binary) --- Are these the same as advisers?
*"Office hours" with investors or mentors (binary) --- note: previously collected included number of events, but did not separate them into categories (e.g. networking events, workshops, etc.). We view this separation as importat
*Onsite temporary workshops (binary or count)
*Networking Meetups (Binary or count)
*Sponsors and Partners (binary and list) --- are these the same?
*Alumni Network (binary) --- not all potential hubslist this and the fact that some do might indicate its importance
*Num of Companies --- to help determine size as getting physical sqfootage is difficult
*Nonprofit (binary) --- helpful in determining goals of potential hubs
*Mission Includes Key Buzzwords (e.g. "ecosystem", "community") --- help separate simple coworking spaces form hubs
Example of Prior Variables Collected:
*Specific Industry (Multinomial) -- defined as LinkedIN Self Identifier, no categories just plain text. We think what we really want is to see if they have a specialty (e.g. healthcare)
*Num of Events --- relatively complete inputs, but from March 2016 (see above as well)
*Price for Single Space -- defined as price for flexible desk, relatively complete inputs
*Price for Office -- no inputs
*Twitter Activity (Multinomial or Count)-- High=2/Moderate=1/No=0, no explanations on how to categorize the activity. Also no handles
*Size (sqft)-- no records for majority of the companies
*Num Conference Rooms--no records for majority of the companies
*Onsite accelerator (binary)--relatively complete inputs
*Onsite code school (binary)--relatively complete inputs
*Community Membership (binary)--relatively complete inputs
===Example Mechanical Turk===
*Twitter
#Sign up/log in to a Twitter account at https://twitter.com/. In the search bar, key in the company name.
#Alternatively, type company name, city/state, and "twitter" into a search engine and click on result from twitter.com with the company name
#Sort the searching results by date
#Count the number of tweets and retweets posted by that company in the most recent complete month (e.g. June 2016)
*Nonprofit
#Search the company name along with its city/state in a search engine
#Click on the result that looks like the company website
#Go to links that describe the company, usually they are labelled: 'About', 'Our Story,' 'Mission'
#Look for the key word 'nonprofit'/'non-profit'
#If 'nonprofit' is identified, mark as 1, otherwise 0.
*Onsite Mentors
#Go to the company's website
#Look for links related to mentorship such as 'mentors', 'mentorship' or 'mentoring programs'
#If the key words can be identified, mark as 1
#If there is no explicit 'mentoring' section, look for links related to a description of the company, such as: 'About,' 'Our Team,' 'Our Mission,' etc., look for a subsection or mention of mentor/mentorship/mentoring
#If these exist, mark as 1.
#If not, go to links related to membership 'benefits,' 'perks,' or related.
#Do same process as end of 4 and 5
#If there is no mention of mentorship in these sections, type the company, city, and 'mentoring' into a search engine. If a link to a reliable website (such as Desktime) appears and mentorship can be found in the description, mark as 1.
#If none of these steps result in a mark of 1, mark as 0
*Sponsors and Partners
#Go to the company's website
#Look for the link or mention of 'Sponsors' or 'Partners', many times of which is often under the section of 'About', 'Community', or related selection
#If sponsors or partners can be found mark as 1 and list them, otherwise mark as 0.
*Size
*To check
Start. Co (Memphis, TN)
startuptown (pittsburgh,PA)
The Hive (Palo Alto)
StartX, Silicon Valley CA
Alloy 26 (Pittsburgh, PA)
Trailhead( Boise, Idaho)
The Vault (San Francisco)
=Completed Work=
