Open AccessIterating an Innovation Model: Challenges and Opportunities in Adapting Accelerator Practices in Evolving Ecosystems
Author(s) -
HAINES JULIA KATHERINE
Publication year - 2014
Publication title -
ethnographic praxis in industry conference proceedings
Language(s) - English
Resource type - Journals
eISSN - 1559-8918
pISSN - 1559-890X
DOI - 10.1111/1559-8918.01033
Subject(s) - globe , salient , process (computing) , epic , value (mathematics) , business , business model , silicon valley , computer science , open innovation , knowledge management , process management , marketing , entrepreneurship , psychology , art , literature , artificial intelligence , neuroscience , finance , machine learning , operating system
Startup accelerators have expanded worldwide in recent years, fostering the development of technology startups and spreading Lean practices and Silicon Valley values to all corners of the globe. These accelerators clearly create value—for the teams whose development they foster, the products they create, and the larger ecosystems they build. But there are also a number of challenges arising from the model and how it is implemented in different contexts globally. Through fieldwork at accelerators in Singapore and Buenos Aires, I investigate the global expansion of this innovation model. In this paper, I discuss the most salient challenges and discuss potential opportunities emerging from these challenges, and how other methods and practices such as design thinking, intensive user research and flexible, bottom up‐approaches can add value to the accelerator process. I also highlight mutually beneficial ways the EPIC community can become more involved in startups ecosystems.