FROM INCUBATORS TO ECOSYSTEMS: EVALUATING THE STARTUP DIGITAL ECONOMY CLUSTER OF HULL CITY

INCUBATORS AS DRIVERS OF CONNECTIVITY AND GROWTH

From the research question: How startup business models relate to network activities within the Digital Economy Clusters of Hull City?
It is being suggested that networks in social systems may be nested, for example, organization networks within industry networks. (Kadushi, 2012:162) In that sense, the FEO initiative is also a facilitator of connectivity and growth for entrepreneurs participating in different industries, the Digital Economy among them. The data reported here appear to support the assumption that a minor representation of companies affiliated to the C4DI has expressed their will to collaborate with other companies to start some form of collective entrepreneurship seeking for new revenue models with the help of the community. Evidence show that a large number of startups has a yearly budget dedicated to network activities, but, at the same time, many companies had also stated their need for assessment in terms of accessibility to clients and resources outside Hull area, and none of them take a relevant role as part of an international network.

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