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City-Level Tech Startup Ecosystems and Talent Development in Indonesia

Bachtiar, Palmira Permata and Sawiji, Hening Wikan and Vandenberg, Paul (2022): City-Level Tech Startup Ecosystems and Talent Development in Indonesia. Published in: ADB Briefs No. 228 (November 2022)

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Abstract

City-level ecosystems are best positioned to foster tech startups, especially early- stage ventures. Ecosystems should play an active role in startup enablement, talent development, and urban place-making. Tech startups benefit from local support provided by startup incubators and accelerators, funding from personal and professional networks, research insights produced by universities, incentives from local government agencies, and business relationships with clients. Startup talent is nurtured through a variety of channels: (i) the education system, notably universities; (ii) incubators and accelerators; (iii) within the startups themselves; and (iv) experience gained from working in other firms.

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