Innovation-driven entrepreneurship enables people and companies to pursue global opportunities based on innovative processes, products, or services. Studies show that innovation-driven entrepreneurial high-growth firms represent a small fraction (about 10%) of all startups but create more than 50% of jobs and are more resilient during crises, including the recent coronavirus disease (COVID-19) pandemic.

However, their growth depends on an entrepreneurial ecosystem surrounding them, including access to key markets, finance, networks, and human resources, especially new knowledge and education. To ensure the development of innovation-driven entrepreneurial activities, their geographical and sectoral distribution needs to be mapped, but indicators are lacking, especially for the Association of Southeast Asian Nations (ASEAN). New sources of data, including social media, offer a new way to expand these indicators.

This webinar from the Economic Research Institute for ASEAN and East Asia (ERIA) will explore why innovation-driven entrepreneurial ecosystems is important for ASEAN.

Speakers

• Giulia Ajmone Marsan, Strategy and Partnership Director, ERIA
• Emmanuel A. San Andres, Senior Analyst, Policy Support Unit, APEC
• Alessandro Rosiello, Senior Lecturer, Business School Entrepreneurship and Innovation, Innogen Institute, University of Edinburgh
• Matjaz Vidmar, Lecturer, Engineering Management, School of Engineering, University of Edinburgh
• Tiat Jin Ooi, Lead Consultant, Entrepreneurship, Start-ups and Innovation Knowledge Lab, ERIA