Page 1 - 201905G20Entrepreneurship Newsletter
P. 1
Entrepreneurship Research Center on G20 Economies VOL.7 May 2019
Overseas Incubations Enhance the Globalization of Entrepreneurship Development
or service business model by exploring in-
market business development, investment,
mentorship and strategic partnership
opportunities.
The JETRO Innovation Program (JIP) is
an initiative operated by the Japan External
Trade Organization (JETRO), which provides
startups having outstanding technologies with
hands-on support measures to encourage
them to develop their business overseas. In
2018, JETRO targeted six regions, i.e., Silicon
Valley, Shenzhen, Berlin, and three ASEAN
economies (Indonesia, Malaysia and Thailand).
The services are including business-matching
opportunities, mentoring, and intensive
training courses. This program always makes
cooperation with local incubators.
Global young man start-up activation
Nowadays, with the in-depth development of the digital economy, overseas expansion program is launched by the Korean government
the boundaries between resources and markets of different department, Institute of Startup and Entrepreneurship Development
countries are becoming less, and globalization has become an (KISED), which operates a systematic localization program for
effective option for various economic forms. Entrepreneurship, as domestic start-up companies with excellent technological strength.
an important engine for innovation, employment and economic This program targeted USA (Silicon Valley), China (Shanghai), Vietnam
growth, also needs to make use of global resources, global markets, (Hanoi), Cambodia (Phnom Penh), and Denmark (Copenhagen)
and innovative advantages of other countries to startup and grow. and provides the package support for the entire start-up process
ؽݓࠢԷြ࣮ᇏྏ
Some G20 members have considered the overseas incubation of considering local industrial distribution and characteristics of
entrepreneurship as an important part in their agendas to support entrepreneur.
entrepreneurship and innovation, and introduced various overseas
incubation service programs to encourage domestic entrepreneurs The EU SME Centre, based in Beijing, provides European SMEs
to start up their businesses or scare up in the regions with innovation with a package of services to help them get ready for China. The
advantages. For example, some countries have settled their overseas Centre offers a comprehensive range of support for SMEs looking to
incubators down in different cities of China and encouraged their export or expand to China, which includes business advice, technical
entrepreneurs to come to China for startup or scaleup. assistance, market studies, training workshops, networking, and B2B
matchmaking. The Centre also works on advocacy and feeds into
Landing Pads Program was launched by the Australian government European-level dialogues to promote SME's business interests.
in early 2016, as part of National Innovation and Science Agenda in late
2015. Landing Pads Program has been designed to help Australian The Mexico-China Center (Innovation Hub China of TEC de Monterrey),
entrepreneurs bring their ideas to market and build high-growth based in Hangzhou, is a talent and technology innovation acceleration
and high-return enterprises in other countries with advantage of platform. Its goal is to find technical and commercial partners for
technologies, finance or markets. It mainly provides 90-days service Mexican scientists and to introduce advanced technology of Mexico's
to help startups with potential of rapid growth land and expand into top R&D centers into the Chinese market. On May 16, 2019, the day of
major global innovations hubs around the world. Five Landing Pads the opening ceremony, 3 Mexicans scientists successfully signed up for
have been established in San Francisco, Tel Aviv, Shanghai, Berlin and their project. According to Mr. Alfonso Araujo, the head of the Center,
Singapore. Landing Pads provide Australian market-ready startups the there are more than 60 projects showing their interest to develop in
opportunity to accelerate the design and development of their product China and 10 of them are under the incubation.
