Dropping the Anchor on the Market

Yinglan Tan and Paulo Joquiño

Chapter 6 in Navigating ASEANnovation:The Reservoir Principle and Other Essays on Startups and Innovation in Southeast Asia, 2020, pp 85-110 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Frontiers are eventually settled upon and explorations standardized over time. As more astronauts went into space, agencies created training programs, astronauts themselves built the International Space Station, and tours were set for astronauts to take shifts on these stations. European traders set up outposts on coasts and islands along routes outlined by earlier seafarers. Mount Everest hikers and locals set up base camps and planned routes to reach the summit. The goal of this standardization is to ensure these trips can be taken repeatedly over time with relative safety and set expectations. In the process, what was once uncharted eventually becomes more accessible with lower barriers to entry…

Keywords: ASEAN; Southeast Asia; Innovation; Startup; Business; Reservoir Principle; Venture Capital; Ecosystem; Startup Ecosystem (search for similar items in EconPapers)
JEL-codes: M13 O31 O32 O33 (search for similar items in EconPapers)
Date: 2020
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