Business

Tue
17
Jun

Innovating China

China is moving from an export processing model, in which foreign companies have played a key role in the past 30 years or so, particularly in the high technology areas, to a new growth model more focused on domestic consumption. However, despite the significant growth in the numbers of patents in China in recent years, it would be premature to say that global R&D power will migrate to China "probably within a decade".

In making the transition from being a key assembly location in the global production networks of major foreign technology companies, in which companies such as Foxconn play a major role as contract manufacturers, to becoming a major global hub for R&D activity, China faces considerable challenges.

Tue
27
May

Galway is the San Francisco to Dublin’s Silicon Valley


Galway Tech Map. Click here for a larger 1280x720 version. Background is from OpenStreetMap and some logos are from Wikipedia.

Thu
24
Apr

Win a Trip to Pitch to VCs in San Francisco - StartApp Competition

Tech startups face numerous challenges on the journey from a great idea to a great product. While Irish startups face the same obstacles as comparable entrepreneurs in Silicon Valley there is no question that the lack of direct access to venture capital can, with all other things being equal, be a project killer. Bootstrapping can only take an idea so far.

Best estimates suggest that $8-10bn has become available every year for the last few years for Silicon Valley VCs to invest in the tech industry. But getting access to the deal-makers is exceedingly difficult. San Francisco can be very hard on the pocket and there is only so much couch-surfing that anyone can stand.

Mon
21
Apr

Huffington Post CEO Talks About Online Video

In this audio transcription of an interview that took place at the 2013 Dublin Web Summit in Dublin, Fergal Gallagher speaks to the CEO of The Huffington Post, Jimmy Maymann, about the increasing importance of online video. The original recording can be found at the bottom of the page.

(Please note that the DWS was a very crowded event and parts of the original audio interview were subsumed by the noise of background activity.)

Fergal Gallagher: What are the trends emerging in digital media [and] with the Huffington Post in particular?

Fri
11
Apr

De-Risking for Startups

It is widely known that starting a business is a risky undertaking and carries a high risk of failure. So it is worthwhile considering why this is the case. Studies have shown that many mistakes made at the early development stage were avoidable.

The trouble with startups is that they cannot afford this “learn-as-we-go” approach, so the question is how to avoid costly mistakes? Starting a business unprepared is a fairly chaotic affair and the better option to chaos is structure. One approach is to follow a structured business startup process that will develop the business from the initial idea through each step until it is ready for customers and investors (as we do at New Frontiers).

Mon
24
Mar

Irish Students: Go On, Create the Next Billion-Dollar Startup

Ireland’s entrepreneurial students aiming to be the next Collison, Zuckerberg, Brin or Page will gather in University College Cork (UCC) this weekend for the country’s first “Irish Student Startup Weekend”, kicking off on the evening of March 28th in UCC’s Western Gateway Building.

Startup Weekend is a 54-hour high-octane event during which ten teams are formed around pitched startup ideas, resulting in a prototype being produced by each team for judging at the end of the event. The Irish Student Startup Weekend is specifically targeted at college students interested in creating the next big thing, and aims to draw attendees from both Ireland and abroad.

Fri
21
Feb

Galway Features in Top 25 European Cities of the Future, Ranked as #1 Micro European City

Along with Dublin and Cork, Galway has featured on the “Top 25 European Cities of the Future” list in fDi Intelligence’s study of the most promising investment locations in Europe. fDi Intelligence is a publication of the Financial Times Ltd., and publishes a yearly ranking of the best investment locations in Europe. Galway was also ranked at the top of the list of "Micro European Cities".

Ireland features prominently in the overall list of top cities with three entries: Dublin at #5, Cork at #24 and Galway at #25. Just 10 countries feature on the list of top cities, with the UK having the most cities (8), followed by the Netherlands (4), Ireland (3) and France (3).

Tue
17
Dec

RTÉ’s Dragon Part of Startup Dream Team Launching an Entrepreneurial Ecosystem in Galway

RTÉ Dragon and outgoing SVP of Cisco Systems Barry O’Sullivan, John Breslin of NUI Galway and co-founder of boards.ie, John Brosnan, CEO and founder of Netfort Technologies and Michael FitzGerald, CEO and founder of OnePageCRM have come together to create Startup Galway.

Startup Galway aims to build an entrepreneurial ecosystem in Galway, and this Thursday December 19 in McSwiggan’s at 8 PM its first guest is Pat Phelan, CEO and founder of Trustev, this week named as one of Forbes Magazine's 7 Hottest Global Startups of 2013.

Tue
19
Nov

The Secret to Getting Others to Cheer for You

My younger brother was the nicest guy one could ever meet. Everyone loved him. He was a good listener and after he heard what someone was up to, had a phrase that he always repeated. The phrase was, “I’m so happy for you, man.”

It could have been a new car, a new girlfriend, a new job or winning the lottery, his response was always the same, “I’m so happy for you, man.” The thing was, he was always happy with others' success. He cheered for others, so others cheered for him. He was one of those rare people who did not suffer from Schadenfreude.

Tue
20
Aug

Why Did Jeff Bezos Buy the Washington Post?

Last week many mourned an end of an era, as the Graham family sold the Washington Post to Jeff Bezos, owner of Amazon.com, for somewhere in the region of $250 million. For the mourners it signalled the end of a golden age in American journalism, during which the paper’s stories managed to bring down a sitting president (the Washington Post’s Woodward and Bernstein’s coverage of the Watergate scandal is forever immortalised in the movie "All the President's Men").

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