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Support of startup innovation towards development of new industries

: Jesemann, Isabella

Fulltext urn:nbn:de:0011-n-6026162 (616 KByte PDF)
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Created on: 11.3.2021

Procedia CIRP 88 (2020), pp.3-8
ISSN: 2212-8271
Conference on Intelligent Computation in Manufacturing Engineering (ICME) <13, 2019, Gulf of Naples>
Journal Article, Conference Paper, Electronic Publication
Fraunhofer IAO ()

Many regions have been dominated by industry in the past. Due to the changes driven by digital transformation, former industry-driven regions need new ideas, products and services in order to keep the local economy stable or even to expand it. Addressing both economic and societal challenges can be supported by strengthening local innovation. Startups are important engines for innovation. But they only can grow if embedded in a perfect functioning startup ecosystems. This study aims at demonstrating how local startup-support programs can help increase innovation in former industry-driven regions and how new economies can emerge out of it.