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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 [email protected]

Iterating an Innovation Model: Challenges and Opportunities in Adapting Accelerator Practices in Evolving Ecosystems (Presentation)

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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]

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a new silicon valley

2

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accelerators

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background

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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

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5

R

S

$

Mentoring

VFunding Training

ResourcesNetworks Demo Day

Limited DurationLean

z

accelerators

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lean startup

[Ries, 2011]

Pivot

[Cooper & Vlaskovits, 2010]

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proliferation of accelerators

2006

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proliferation of accelerators

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today

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fieldwork

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challenges & opportunities

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the value of accelerators

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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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process

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Lean Startup

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process

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opportunity: design thinking

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Design ThinkingLean Startup

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product

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Evolution Revolution

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product

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opportunity: user research

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!

!

!

!

impact

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GlobalReach

Local Focus

Value Valuation

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impact

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opportunity: bottom-up

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takeaway

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GET INVOLVED IN YOUR LOCAL STARTUP COMMUNITY

value for both them and us