The CommonWeal/RTS Partnership merges deep expertise and international experience in cluster development strategies and implementation planning, regional science, technology and innovation strategy development, and identifying, analyzing and deploying firm-to-firm networks formed by serial entrepreneurs and investors to drive value creation within innovation ecosystems. The two Principals that lead CommonWeal, LLC and RTS, Inc. have worked together in research and strategy planning endeavors for fifteen years.
CommonWeal, LLC, Chapel Hill, NC
CommonWeal builds and delivers big data insight platforms for understanding and propelling new value creation by serial entrepreneurs and investors – and the network of deals and relationships between them. Through its proprietary Dealmaker Algorithm© CommonWeal mines secondary databases to identify, organize and relate information associated with Dealmakers in a given regional or national economy. “Dealmakers” are actors who have founded, managed or invested in multiple private entrepreneurial firms, and hold concurrent equity ties to multiple firms as a consequence of their serving on the boards as advisors, investors or managers of these firms. By understanding the central role of dealmakers in entrepreneurial ecosystems and market sectors, core insights are derived to facilitate relevance, exposure and decision-making to enhance the performance of business-to-business networks.
The CommonWeal approach was pioneered by the company’s founder Dr. Ted Zoller, Director of the Center for Entrepreneurial Studies at the University of North Carolina at Chapel Hill’s Kenan-Flagler Business School and a Senior Fellow at the Ewing Marion Kauffman Foundation. It is based on the concept that networks of serial entrepreneurs, investors and their affiliated companies play a critical role in driving value creation and shaping the character of robust regional economies. Very specific firm and company level information identifying these actors, dubbed Dealmakers by CommonWeal, and their connective relationships provide a new window into the innovation dynamics within a regional economy as a whole and just as importantly into the entrepreneurial behavior, investor focus and innovation hot spots within specific industry sectors and clusters.