Startup communities are popping up everywhere, from cities like Boulder to Boston and even in countries such as Tirana, Skopje or Prishtina. These types of entrepreneurial ecosystems are driving innovation and small business energy.
In some communities feeders and leaders are spread across and complement each other, while in under developed regions or in early stages of development, feeders are on top and take everything on their own before filtering it to the leaders. The book Startup Communities: Building an Entrepreneurial Ecosystem in Your City by Brad Feld is the best book to read in this regard.
As the small town of Boulder, Colorado has gained international prominence as a hotbed of startup activity, many other cities throughout the world are seeing great growth through the creation and development of new startups. Cities big and small, like New York, Boston, Chicago, Portland and Austin, as well as countries like Iceland are seeing their startup communities revitalize and re-energize their city.
The book defines the Boulder Thesis, drawn from 17 years of Brad Feld of being an entrepreneur and investor in the Boulder startup community, to create a framework for creating a vibrant, long-term startup community. The Boulder Thesis gives lots of examples of implementation but overall recognizes that one of the powerful things about every city in the world is that they have unique characteristics. The Boulder Thesis is a blueprint, but not a prescription, and is easily adopted to any city.
Anyone interested in entrepreneurship, startups, economic growth, and innovation, should read this book.