BCM214 - Digital and Social Innovation

Innovation and Support

INNOVATION ECOSYSTEMS
 De nition
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Interconnected set of companies, organizations,
institutions, entities and resources with shared aim to
develop, promote and grow new concepts, ideas and
problem solutions based on new technologies, skills and
methodologies and produce value for social,
government and commercial stakeholders.
Silicon Valley
/ USA /
Acquiring relevant skills and abilities
Individual Courses
Example: MIT OPEN COURSEWARE
Educational institutions and programs
Example: STANFORD UNIVERSITY
Events, Lectures and Presentations
Example: THE FEST
Formation of Ideas / Startups
 Incubators
Example: Y COMBINATOR
Accelerators
Example: 500 STARTUPS
 Startup Pitches
Example: BOOMER VENTURE SUMMIT
 Startup Sprints

Example: STARTUP WEEKEND - BAY AREA

Coworking Spaces

Example: WEWORK
Financing
 Self Financing

Example: YOUR BACK ACCOUNT

 Friends and Family

Example: ANYONE IN YOUR CLOSEST CIRCLE

Angel Investors

Example: US ANGEL INVESTOR

Venture capital

Example: SEQUOIA CAPITAL

Government Support

Example: LEAVES THE COMPANIES ALONG

Competition Winnings
Example: FOUNDER SHOWCASE
Mentorship & Advice
 Personal Mentors

Example: SILICON VALLEY MENTOR NETWORK

Conferences and Gatherings

Example: STARTUP CONFERENCE

Incubator Facilitated Advice

Example: 500 STARTUPS MENTORS

Networking
Theme based groups

Example: MEETUP
 Classmates

Example: STANFORD ALUMNI

Conferences and Gatherings

Example: TECHCRUNCH DISRUPT

Propagation and promotion
Conferences and Gatherings

Example: TECHCRUNCH DISRUPT

Specialized Publications
Example: TECHCRUNCH - THE PUBLICATION
Thematic Podcast

Example: MASTERS OF SCALE

General Media

Example: CNN INNOVATION

EVENTS as PROMOTION

Example: CONNECTION SILICON VALLEY

 Local Context
/ UAE • MENA /
Acquiring relevant skills and abilities
Individual Courses

Example: LINKEDIN LEARNING

Educational Institutions & Programs

Example: UNIVERSITY OF WOLLONGONG IN DUBAI

Public Lectures & Presentations

Example: UAE INNOVATION WEEK

Idea / Startup Formation
 Incubators
Example: STARTUPSPACE
Accelerators
Example: DTEC
Startup Pitches

Example: DUBAI STARTUP HUB

Startup Weekend

Example: STARTUP WEEKEND UAE

Coworking Spaces

Example: LETSWORK
Financing
 Self Financing

Example: YOUR BANK ACCOUNT

 Friends & Family

Example: ANYONE IN YOUR CLOSEST CIRCLE WILLING TO INVEST IN YOU

 Angel Investors

Example: EMIRATES ANGEL INVESTOR ASSOCIATION

Venture Capital

Example: WAMDA CAPITAL

 Government Support

Example: UAE NATIONAL INNOVATION STRATEGY

 Competition Winnings

Example: MIDDLE EAST TECHNOLOGY EXCELLENCE AWARDS

Mentorship & Advice
 Personal Mentors

Example: ANYONE WHO CAN ADVISE YOU

Conferences and Gatherings

Example: STEP CONFERENCE

Incubator Facilitated Advice

Example: IN5 MENTORS

Networking
 Informal connections through
friends, acquaintances & quali ed strangers

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Classmates

Example: LOOK AROUND

 Conferences & Gatherings
Example: STEP CONFERENCE STARTUP SHOWCASE OR INTERACTIONS
Propagation and promotion
Conferences & Gatherings

Example: STEP CONFERENCE

Specialized Publications

Example: GULF BUSINESS

Thematic Podcast

Example: UAE TECH PODCAST

General Media

Example: GULF NEWS

 EVENTS as PROMOTION

Example: GLOBAL GRAD SHOW - DESIGN WEEK DUBAI

Laws & Regulations
Government Regulations Related to Innovation

Example: UAE NATIONAL INNOVATION STRATEGY

 LEGAL ADVICE

Example: CONSULT WITH A SPECIALIZED LEGAL SERVICE

 AND ANYTHING ELSE YOU
NEED TO SUCCEED IN THE
INNOVATION/STARTUP WORLD.