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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
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ITERATING AN INNOVATION MODELChallenges and Opportunities in Adapting Accelerator
Practices in Evolving Ecosystems !
JULIA KATHERINE HAINES UNIVERSITY OF CALIFORNIA, IRVINE
ETHNOGRAPHIC PRAXIS IN INDUSTRY CONFERENCE
SEPTEMBER 10, 2014
1JULIA K HAINES [email protected]
JULIA K HAINES [email protected] 3
accelerators
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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
INFRASTRUCTURE
innovation models, the “know-how” of doing a startup,have made the process more accessible and uniform
SOFT INFRASTRUCTURE
a changing environment
JULIA K HAINES [email protected]
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R
S
$
Mentoring
VFunding Training
ResourcesNetworks Demo Day
Limited DurationLean
z
accelerators
the value of accelerators
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!
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[Bourdieu, 1986]
Economic
Social
Cultural
Forms of Capital
Accelerators Startups
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challenges
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PROCESS: Lean and the Role of Metrics
PRODUCT: Revolutionary or Evolutionary Innovation
IMPACT: Global Reach versus Local Value
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opportunity: user research
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JULIA K HAINES [email protected]
takeaway
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GET INVOLVED IN YOUR LOCAL STARTUP COMMUNITY
value for both them and us