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Digital innovation and entrepreneurship transformation through open data hackathons: Design strategies for successful start-up settings
Institution:1. School of Business, University of Petroleum & Energy Studies, Dehradun, India;2. Department of General Management, Jaipuria Institute of Management, Noida, UP, India;1. College of Economics and Management, Beijing University of Technology, Beijing 100124, China;2. College of Management, Beijing Union University, Beijing 100101, China;3. Muma College of Business, University of South Florida, Tampa, FL 33620, USA;1. Macquarie University, 3 Management Drive, NSW 2109, Australia;2. University of Economics, The University of Danang, 71 Ngu Hanh Son Street, Danang 550000, Viet Nam;3. Hisense, 17 Donghaixi Road, Qingdao 266071, China;4. University of Bradford, Richmond Rd, Bradford BD7 1DP, United Kingdom;5. University of Otago, 60 Clyde Street, Dunedin 9016, New Zealand;6. University of Tasmania, 1 Newnham Drive, TAS 7248, Australia
Abstract:The organization of open data hackathons or digital innovation competitions is a significant opportunity for nascent entrepreneurs to collaborate with external partners, promote new ideas and extend their applications to a new start-up. Prior studies have not thoroughly compared the execution of different strategies in many hackathons or digital innovation competitions. They only focus on the actions that the organizers of a specific hackathon have implemented or the challenges they have faced. Thus, the purpose of this paper is to examine goals and design strategies that contribute to the successful execution of open data hackathons and innovation competitions. Six case studies of open data hackathons and innovation competitions held between 2014 and 2018 in Thessaloniki have been explored to understand the co-ordination between the multiple stakeholders of these events and improve the execution of open data hackathons and innovation competitions. The outcomes indicate that the most critical design strategy was the involvement of mentors in the event and the level of support provided to nascent entrepreneurs to accelerate their creativity, develop applications and launch their prototypes on the market.
Keywords:Entrepreneurship ecosystem  Start-ups  Digital technologies  Open data hackathons  Innovation
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