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Launching Cisco Entrepreneurs in Residence in Europe

I recently wrote about how we are extending Cisco Entrepreneurs in Residence (EIR)  and our open innovation strategy beyond Silicon Valley through local incubation partners in Chicago, San Diego and Berkeley.  Our presence in these innovation hubs will enable us to discover, influence and learn from new ideas and talent at early-stage startups with potential to disrupt our industry.

Today, I am pleased to announce the launch of Cisco EIR Europe, extending our program to a non-U.S. innovation hub for the first time.  Cisco EIR will be located initially in Vienna, where we plan to launch a small cohort of early-stage European startups by January 2015 – to be supported & incubated by Cisco – drawn from across EMEAR.  As with Cisco EIR in Silicon Valley, we will look for game-changing entrepreneurs in IoE, security, Big Data/analytics, Smart Cities & other transformational opportunities that are in Cisco’s strategic line of sight.  Also as in our Silicon Valley program, the startups will be supported by Cisco engineering & product teams as well as our EMEAR partner ecosystem.  The Vienna-based program is intended to serve as the beachhead – our “Phase 1” – for a broader EU-wide footprint for Cisco EIR.

Key to our success is how we leverage the startup ecosystem that already exists in Europe.  To this end, starting in Vienna, we have partnered with Pioneers, a leading startup community organization in Europe.  More partnerships are in the works.

I know all of you will agree innovation knows no national boundaries.  Europe, with its deep entrepreneurial talent, large market and history of innovation, presents a unique opportunity for usEurope is also one of the key regions for our Smart Cities – as you saw from our recent announcement of a new Smart Cities initiative in Copenhagen, following similar projects in Barcelona, Amsterdam Chicago and Hamburg.

We are thrilled to forge relationships in the European startup community – and support entrepreneurs as partners in open innovation.

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Research and Development – Who are the Global Leaders?

May 1, 2013 at 10:03 am PST

Following on from my recent blog about “Is Manufacturing Coming Back to the US?” one of Morgan Stanley’s Investment guys, Ruchir Sharma, (Managing Director and the head of the Emerging Markets Equity team) has a book out called ‘Breakout Nations’ and in it he says:

“Every Investment idea is right for a while”

He was talking to Fareed Zakaria on his GPS program. Fareed cited that in the 1980’s investing in Japan made you a big winner until the 90’s came around. In the 1990’s it was all about Tech stocks. Then the Tech bubble burst. The Fad for the 2000’s was emerging markets.

And he asked are emerging markets submerging? I was interested mainly because the discussion lead to which countries invest most in R&D, and that is a leading indicator of success for economies worldwide. In fact, the numbers don’t lie. It looks like we may be entering a new phase with different leaders of growth, and it may be the US that becomes the new focus of manufacturing and innovation.

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Eastern Europe: the Next Broadband Boom?

By Howard Baldwin, Contributing Columnist

If your image of Eastern Europe leans toward Yugos and Soviet farm collectives, it’s sadly outdated. It’s entirely possible that, with new government programs stimulating Internet connectivity and new EU regulations benefiting less-developed members, Eastern Europe may be on the verge of its own broadband boom.

Eastern Europe already has a strong foundation from a broadband standpoint. When Jet-Stream, a Dutch content-delivery consulting firm, posted the results of Speedtest.net tests on broadband speeds last year, the results were more than a little surprising.

Download speeds in Latvia 18.86 Mbps, exceeded that of Japan, at 17.52 Mbps. Of the top 24 countries, half were in Eastern Europe (the other half was split among Scandinavia, Europe, and Asia). Of those 12, nine have joined the EU.

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