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Innovation Accelerators As Entrepreneurial And Interdisciplinary Engines: The Portuguese Case

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Today’s competition is tough, due especially to emergent information systems (IS) and information technology (IT) support. Managers must continuously cope with challenges to keep their businesses innovative and sustainable. They take most of their decisions based on considerable amounts of data. An important step is to employ strategies based on open innovation: partnerships with people who know the technology better, or how to conceive or run a certain activity, product or process. All these issues and potentials have been explored and supported in the so-called innovation accelerators or ‘boot camps’, either for launching new businesses or supporting their IT/IS platforms. These initiatives are based on a dynamic entrepreneurial and interdisciplinary ambience, which introduces the candidates (mainly start-ups, spin-offs) to consultants, investors, managers, designers, innovators, etc. This study determines where Portugal stands in terms of innovation in general, open innovation (cooperative or firm-based), venture capital adherence and innovation sustainability. It then discusses the results of some Portuguese innovation accelerators (such as ‘Beta-i’ and ‘Cria’) from the point of view of target sectors/markets and the sustainability of accelerated firms over time.

Suggested Citation

  • Fernandes, Silvia, 2016. "Innovation Accelerators As Entrepreneurial And Interdisciplinary Engines: The Portuguese Case," Journal of Tourism, Sustainability and Well-being, Cinturs - Research Centre for Tourism, Sustainability and Well-being, University of Algarve, vol. 4(3), pages 213-228.
    • Handle: RePEc:ris:jspord:0918
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    1. Weijan Shan & Gordon Walker & Bruce Kogut, 1994. "Interfirm cooperation and startup innovation in the biotechnology industry," Strategic Management Journal, Wiley Blackwell, vol. 15(5), pages 387-394, June.
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    Cited by:

    1. Emil Lucian Crișan & Irina Iulia Salanță & Ioana Natalia Beleiu & Ovidiu Niculae Bordean & Raluca Bunduchi, 2021. "A systematic literature review on accelerators," The Journal of Technology Transfer, Springer, vol. 46(1), pages 62-89, February.
    2. Konrad Szczukiewicz & Marek Makowiec, 2021. "Characteristics and Specificities of Local Innovation Accelerators: A Case of Poland," Sustainability, MDPI, vol. 13(4), pages 1-23, February.

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    More about this item

    Keywords

    Innovation Accelerators; Entrepreneurship; Partnerships; Open Innovation;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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