Innovation Accelerators: Emergence of Startup Companies in Iran
60th Annual ICSB World Conference June 6-9, 2015 - Dubai, UAE
Posted: 14 Jun 2015
Date Written: 2015
Abstract
Startup companies, which are engines of emerging economies, used to come into existence in less supportive environments. Although recently there are support mechanisms which facilitate their birth. Among these support mechanisms, innovation accelerators are of paramount importance. Since they decrease the failure rate, and increase the chance of survival. This issue is an emerging topic in countries like Iran, which had the experience of less effective incubators, SBDCs, hatcheries, science parks, etc. Innovation accelerators are growing both quantitatively and qualitatively. The interesting point is that most of these accelerators are located in universities and startup founders are mostly students. This paper investigates the existing status and trends of innovation accelerators and newly created ventures. Also, the paper highlights a number of challenges they faced in this short period.
Keywords: Innovation accelerators, startup companies, new venture creation, emerging economies
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