Caffe Genius Impressarios

Episode 0023: Vegas Lacks

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Show Notes

  • - Host: Dan Hugo
  • - Summary: Does the Greater Vegas area have a healthy and vibrant Entrepreneurial Innovation Ecosystem? Let us discussion which parts may be lacking, and more importantly, how we might address these missing pieces.


    • Entrepreneurial Innovation

    • - They are not necessarily a single thing, but they do go great together.
    • - Entrepreneurialism is sometimes about starting a business or a company or some similar endeavor, but sometimes it is an aspirational quality, and this matters!
    • - Innovation happens when a there is a challenge of some kind, some ideation, and a potential solution that does not already exist emerges.


      • Evolution or Revolution

      • - A culture of innovation takes time and depends heavily on people and their intellectual curiosity
      • - An innovation infrastructure requires actual investment in resources, including places, tools, interconnection, and plain old funding.
      • - Are these going to emerge in revolutionary fashion by sprinkling some capital over some glowing headlines? Or do these two critical components emerge over time?


        • Lacking Innovation Culture (top 3)

        • - Networking is difficult
        • - Solipsism does not necessarily enable out-of-box thinking
        • - Drive is missing (eg Just Use What We Already Have)


          • Lacking Innovation Infrastructure (top 3)

          • - Local Innovation Resources (Maker Spaces, research and experimentation, certification, etc)
          • - Communication Tools (Conway´s Law, Slow Adoptions, Cultural Impediments)
          • - Where does Innovation fit in a Destination City? (Infrastructure points to Tourism/Gaming/Entertainment/Sports first…)


            • What Next?

            • - Recognize the gaps
            • - Lead by example
            • - Rinse, Repeat


              • ...more
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