Startup accelerators: Beyond innovation theatre
Startup accelerators have been around for years, but big financial institutions getting into the game is a fairly new twist. The question is, do incumbents understand what it really takes to set up, run and grow companies inside their four walls? What’s the difference between looking innovative and actually walking the walk? Erica Young explores the different innovation models incumbents should consider when considering setting up programs to promote entrepreneurship to make sure they have a real shot at success.