Design of a best-practice start-up accelerator for the Granada Health Technology Park

Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2014.

Bibliographic Details
Main Author: Merchán Higuera, Francisca
Other Authors: Fiona Murray.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2014
Subjects:
Online Access:http://hdl.handle.net/1721.1/90222
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author Merchán Higuera, Francisca
author2 Fiona Murray.
author_facet Fiona Murray.
Merchán Higuera, Francisca
author_sort Merchán Higuera, Francisca
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spelling mit-1721.1/902222019-04-11T07:34:19Z Design of a best-practice start-up accelerator for the Granada Health Technology Park Merchán Higuera, Francisca Fiona Murray. Sloan School of Management. Sloan School of Management. Sloan School of Management. Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2014. Cataloged from PDF version of thesis. Includes bibliographical references (page 64). Accelerators are ecosystem catalyzers introduced in 2005 by Y-Combinator. They are time-bounded programs to facilitate core resources for entrepreneurs (mentors, capital, training), with the goal of making the trial-and-error innovation process faster and more efficient. Accelerators are schools of entrepreneurship and, often, a certificate of quality. The province of Granada generates more than 3.46% of Spain's scientific production; however, it contributes with only 1.4% to the domestic GDP (year 2011). A well-designed startup accelerator can help close the gap between the innovation capacity and the economic impact on the region by fostering a vibrant ecosystem of innovation-driven entrepreneurs. Our research examines the idiosyncratic needs of the entrepreneurial ecosystem in Granada, because this understanding is crucial to address the local limitations. In parallel, we studied a diverse typology of accelerators (e.g., selected Health based accelerators in the US and Spanish accelerators) and created an exhaustive benchmark analysis across them. Finally, we proposed a "best-practice" accelerator for the PTS Granada, including choices such as the value proposition, the intake process, the program duration, the amount of seed capital, the role of mentors, and the nature of sponsors. We determined that an accelerator may be non sufficient for emergent entrepreneurial ecosystems. For those cases, we offer additional recommendations to improve the pre- and post-acceleration phases. by Francisca Merchán Higuera. M.B.A. 2014-09-19T21:46:59Z 2014-09-19T21:46:59Z 2014 2014 Thesis http://hdl.handle.net/1721.1/90222 890374513 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 73 pages application/pdf Massachusetts Institute of Technology
spellingShingle Sloan School of Management.
Merchán Higuera, Francisca
Design of a best-practice start-up accelerator for the Granada Health Technology Park
title Design of a best-practice start-up accelerator for the Granada Health Technology Park
title_full Design of a best-practice start-up accelerator for the Granada Health Technology Park
title_fullStr Design of a best-practice start-up accelerator for the Granada Health Technology Park
title_full_unstemmed Design of a best-practice start-up accelerator for the Granada Health Technology Park
title_short Design of a best-practice start-up accelerator for the Granada Health Technology Park
title_sort design of a best practice start up accelerator for the granada health technology park
topic Sloan School of Management.
url http://hdl.handle.net/1721.1/90222
work_keys_str_mv AT merchanhiguerafrancisca designofabestpracticestartupacceleratorforthegranadahealthtechnologypark