In “The Relational Organization of Entrepreneurial Ecosystems” Ben
Spigel explains that ecosystems are comprised of cultural, social and material
attributes (Spigel, 2015). I’ve found that an article posted in the Globe and
Mail titled “Six Easy Steps for a Better Canadian Tech Ecosystem” matches quite
well with the content of Spigel’s argument.

The article also harmonizes with Spigel’s emphasis on social
networks, which can spawn many resources such as knowledge and opportunities for
those within the industry. It claims that the “Canadian startup community needs
to develop a closer sense of kinship that emphasizes connections, connectivity
and idea-sharing” (Kelleher and McGee, 2016). It also mentions that it has
helped SV, and there is no doubt that it could be beneficial here in Waterloo
and in other regions within Canada.
Finally, material attributes include resources like universities.
In Waterloo, the UOW has clearly been an advantage for many tech companies, and
Laurier is attempting to join in on the fun. According to the article, though,
we need national strategies that can be used to commercialize the well-rounded
research that has been conducted in Canada’s labs and universities (Kelleher
and McGee, 2016). If greater emphasis and importance is placed on the resources
that these institutes offer, it is possible that our tech ecosystem in the
country could truly flourish.
So, what do you guys think? It appears that we currently have many
of the resources needed to strengthen our tech ecosystems. Is it possible that,
if greater emphasis is placed on some of the areas in which we lack, we could
truly be in a position to compete with areas like Silicon Valley?
To read more about some of the strategies mentioned in the
article, that have been omitted in this post, click here.
Invest in Ontario. “Canadian Business Ecosystem Places Second in
the Global Entrepreneurship Index.” 25 Nov. 2015. http://www.investinontario.com/spotlights/canadian-business-ecosystem-places-second-global-entrepreneurship-index#request-conversation
Kelleher, J. & McGee, L. “Six Easy Steps for a Better Canadian
Tech Ecosystem.” The Globe and Mail, 1
Feb. 2016, http://www.theglobeandmail.com/report-on-business/rob-commentary/five-easy-steps-for-a-better-canadian-tech-ecosystem/article28486192/
Spigel, B. (2015). “The Relational Organization of Entrepreneurial
Ecosystems.” Entrepreneurship Theory and
Practice, 41(1), 49-72.
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