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Mystery

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by

John Bazley

on 28 June 2014

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Transcript of Mystery

Why does entrepreneurship in South Africa not create enough jobs?
An Ocean's 12 production
Mystery
Heuristic
Algorithmic
Private Equity
Why is there persistent unemployment in South Africa?
Why is entrepreneurship not creating enough jobs?
How do we enable entrepreneurs to create jobs?
A synthesized approach
Blended path
Government development model
Venture capital model
Event - Unemployment
Patterns
Trends
Mental Models
Structures
Double Down
Love one more, but desire the benefits of another
Solution
: Extend the model we love in such a way as to produce the desired benefits of the other model

Decomposition
Love most of both models but can’t productively apply them together to the whole problem
Solution
: Parsing the problem in a new way, such that both models can be applied so as to get the best of both


Hidden Gem
Dislike both models generally, but love an element of each
Solution
: Throw most of both models away, retain an essential insight from each

Main Players
What mechanisms work?
Benefits received
Government Development
What mechanisms do not?
Inherent style
Key Factors
Social orientation
Institutions and risk mitigation
Culture and norms
Efficiencies of the private sector
Profit incentive
Public Private Partnerships for Social and Environmental Innovation
What we love about Government
Societal orientation
Provision of public goods
Process driven
What we love about Private Equity
Profit motive
Innovative
Entrepreneurial education
Efficiency driven
Tensions between the models
Determining Salience
Which variables are relevant to our choice?
Analyzing Causality
Understanding the causal relationships that connect the variables
Sequencing
Deciding how and when to cut the steps
Achieving Resolution
Making the choices
3
4
6
5
2
1
Definitions
of the models
Tensions between the models
Heuristic approach
Proposed model
Knowledge
Funnel
Causal Loop Modeling of the problem
Analogizing
Bricolage
Organising Context
Q&A
Agenda:
Q&A
Innovation hub
Risk mitigation
Technical support
Tactical support
Access to resources
Marketplace for angel investors
Tax incentives
Entrepreneurial education
Scandinavian model
Anarchy
Private-Public
Partnership
Culture and Norms
Defining our models
Heuristic Approach
Ralph
Milton and Brad
Ralph
Johanan
John
John
Security
R&D transfer
Full transcript