Startup ecosystems are rather cultivated than created, they flourish on their own using existing research and knowledge base, capital, environments that are influenced by existing assets such as market opportunity, historic and cultural legacy, regulatory incentives, geographic location and perhaps most importantly, from existing firms with a high growth potential that have developed local solutions and have a deep knowledge of the local context and needs.
Silicon Valley is a global center for high technology, innovation, and social media. With a population of eight million people, Israel also has over 6,000 startups and attracts more risk capital per person than any other country in the world. Both entrepreneurial ecosystems were built on a knowledge base that required billions of dollars of government investment and a culture that was influenced by their local context.
The COVID-19 pandemic has forced a swift reassessment of how, where and when education should be delivered. Classes have migrated online as schools and universities across the world are having a hard time reopening, and the educational sector has been forced to adopt digital solutions in an unprecedented rate.
The Chan Zuckerberg Initiative just announced a new program informally called Chan Zuckerberg Science to invest $3 billion over the next decade to help cure, prevent, or manage all disease.
Informatics infrastructure, including using artificial intelligence that enables smart data mining, is crucial. Despite this, medicine has fallen way behind the computer science revolution.
Biden called for more open sharing of data and the elimination of data silos. He acknowledged public concerns over privacy and the need to devise solutions to protect against privacy breaches. Intriguingly, the panel noted that while data can be stripped of patient information, anonymizing it for research purposes, it is now possible to reconstruct faces from genomic data