Description

An environment with sufficient availability of facilities allows for the conversion of expertise into commercial products. As such, expertise (patents) at educational institutions should be surrounded by entrepreneurial potential. Access to talent and capital drives valorisation.

StartupAmsterdam is keen to increase valorisation by ensuring that the required facilities are available. Defining exactly which facilities are required will be addressed in a future analysis, the results of which will underpin a validation proposal.

Examples of/ideas for the valorisation of facilities include:

  • The collaboration between Quirky.com and General Electric. General Electric placed all of its patents on the crowdsourcing platform Quirky.
  • Organising a Valorisation Hackathon.
  • Introduce valorisation teams to incubators (moving them out of academic institutions and into the environment of startups and entrepreneurs).
  • Effectively manage investment in valorisation (demand more budget from universities).
  • Train professors and researchers in entrepreneurship.

Effect

Young starters in Amsterdam develop bigger aspirations than a local or European market. They see themselves as a startup and develop international growth ambitions (pi: % starters with international growth ambitions).

Job growth in the tech & startup sector (pi: # jobs, % job growth in the Amsterdam startup and tech sector compared to other [European] cities).