Leading and Managing Areas of Innovation: The Multi-Stakeholder and Startup Perspectives
Nikina-Ruohonen, Anna (2021)
Nikina-Ruohonen, Anna
Haaga-Helia ammattikorkeakoulu
2021
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi-fe2023042037814
https://urn.fi/URN:NBN:fi-fe2023042037814
Tiivistelmä
It takes a village to raise a child, and it takes an entire ecosystem to scale an innovation. The increase of areas of innovation (AOIs) globally reflects the need to nurture innovation for the overall industry success rather than waiting for it to emerge organically. With a great number of entities in the business of supporting innovation (accelerators, incubators, business associations, regional development offices, science parks and others), this in itself has become an industry that is dynamic and evolving, with the need for the greater understanding of how to establish and operate AOIs effectively. This conceptual management perspective paper models the AOI leadership considerations in relation to multi-stakeholders and startups. The aim is to bridge the innovation stakeholder viewpoints with the management practices required within AOIs for fostering innovation and business processes. The paper introduces the AOI stakeholder reflections in reference to startups, corporations, investors, universities, regional impact and community at large; with the application to the AOI life-cycle stages. Startups and entrepreneurs are placed at the heart of an innovation ecosystem, being the center of gravity, around which innovation ecosystem participants or bit, relate and interact.