Ecosystems for startups and innovation are different, but related. At Purdue, we have begun to understand how to strengthen these ecosystems. The first step involves distinguishing between the two. You can read more here: http://bit.ly/1fbLZ8H

1. The Purdue Ecosystems
Purdue Entrepreneurship Ecosystem
Intellectual
Property
Technology
Purdue Spin-out Companies
Talent
+
+
Business Model
and Lean Start-up Frameworks
University Innovation Inputs
=
Business Formation and
Support Networks
More Growth
Purdue Innovation Ecosystem
Higher rates of innovation
among Indiana companies
+
Transformative
Innovation
Product Market
Diversification
Efficiency
Innovation
Market Penetration
Sustaining
Innovation
Market Extension
Existing
New
Sustaining
Innovation
Product Extension
New
Technology
Existing
+
=
Markets
Small and Medium Sized
Companies
with Growth Potential
Technology and
Innovation Management
Frameworks and Tools
Bundled in an iLab
Purdue and Fraunhofer
Technology and
Innovation Management
Teams
More Growth