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Authors
Advisor(s)
Abstract(s)
The area of entrepreneurship and innovation has been increasingly debated
during the last years. Major cities across the world have been focused on creating
ecosystems capable of supporting its startups, aiming to bring innovation and
socio-economic improvements to their citizens.
The city of Porto is not an exception, and over the last few years has been
assuming its position, focused on foster entrepreneurship and innovation.
The process is slow and complex, and as suggested by the literature, the
creation of an ecosystem is only possible when a set of different factors and
elements align together and form interconnections that allow mutual
development. The problem is that there are no two equal ecosystems, each one
has its own characteristics and limitations that constitute a unique case study that
can lead to the ecosystem’s growth, or to its destruction.
Therefore, the objective of this investigation was to study the unique case of
Porto’s startup ecosystem, resorting to different types of documentary analysis
and conducting interviews with experts and professionals inserted in the context
of Porto’s entrepreneurial ecosystem, to explore the impact of startups activity in
the city, and to understand the connections, relations, and major limitations of
the different elements of study.
Through the analysis of Porto’s policies, support, human capital, finance and
culture, it was possible to understand the efforts being made towards the success
of its entrepreneurial activity, as well as the major limitations that are holding
entrepreneurs and getting in the way of startups growth.
Because the only way to overcome limitations is to become aware of them,
although the praiseworthy increasing number of cooperation initiatives and
talented people in technological and scientific areas, Porto is an early-stage
ecosystem with room for improvements in different areas of knowledge, as talent
management, financial supports, entrepreneurial incentives, and startup’s
programs, all addressed during this investigation and with great relevance to the
ecosystem sustainable growth.
Description
Keywords
Porto Startup Entrepreneurship Startup ecosystem Innovation Innovation hub Key-stone organizations