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How to Navigate the Innovation Ecosystem
The authors argue that a thriving environment for innovation contains eight characteristics, and that assessing them properly sets the stage for a start-up to flourish. After describing the eight characteristics, they use them to compare Toronto with Silicon Valley as a location for start-ups to thrive. In the end, they show that ignoring the eight factors may lead founders to pick the wrong location, resulting in difficulty attracting the necessary funding, talent, suppliers, partnerships and customers.