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.
This is a presentation from a talk given at the Ethnographic Praxis in Industry Conference (EPIC) in NYC in September 2014
Iterating an Innovation Model: Challenges and Opportunities in Adapting Accelerator Practices in Evolving Ecosystems (Presentation)
1. ITERATING AN
INNOVATION MODEL
Challenges and Opportunities in Adapting Accelerator
Practices in Evolving Ecosystems
!
JULIA KATHERINE HAINES
UNIVERSITY OF CALIFORNIA, IRVINE
ETHNOGRAPHIC PRAXIS IN INDUSTRY CONFERENCE
SEPTEMBER 10, 2014
1 JULIA K HAINES
hainesj@uci.edu
2. a new silicon valley
JULIA K HAINES
hainesj@uci.edu
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5. a changing environment
innovation models, the “know-how” of doing a startup,
have made the process more accessible and uniform
JULIA K HAINES
hainesj@uci.edu
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INFRASTRUCTURE
cloud computing platforms, programming frameworks, code sharing,
APIs, easily accessible marketing platforms, distribution channels, social
media networking, etc. have lowered barriers to creating a startup
SOFT INFRASTRUCTURE
6. accelerators
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hainesj@uci.edu
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5
R
S
$
Mentoring
V
Funding Training
Limited
Lean Duration
z
Networks Resources Demo Day
7. JULIA K HAINES
hainesj@uci.edu
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lean startup
[Ries, 2011]
Pivot
[Cooper & Vlaskovits, 2010]
12. the value of accelerators
Accelerators Startups
JULIA K HAINES
hainesj@uci.edu
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!
[Bourdieu, 1986]
Economic
Social
Cultural
Forms of
Capital
13. challenges
JULIA K HAINES
hainesj@uci.edu
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PROCESS: Lean and the Role of Metrics
PRODUCT: Revolutionary or Evolutionary Innovation
IMPACT: Global Reach versus Local Value