Institutions That Foster Innovative Entrepreneurship in Brazil: Mapping and Connections

Abstract

This paper contemplates the deepening of a research conducted by the Brazilian Micro and Small Business Support Service (SEBRAE) during the 26th Anprotec Conference held in Fortaleza, state of Ceará, in the year of 2016. The research included a method to map out the needs of the Brazilian Innovation Ecosystem and covered ten institutions such as Accelerators, represented by ABRAII (Brazilian Association of Innovation and Investment Accelerators), Co-working spaces-represented by the Impact Hub. a Development Bank, FINEP (Studies and Projects Funding Agency), Anjos do Brasil; Venture Capital Investment Funds-represented by ABVCAP (Brazilian Association of Private Equity & Venture Capital), Incubators-represented by SUPERA Incubator, SEBRAE (Brazilian Micro and Small Business Support Service), Businesses-represented by Samsung Brazil and Technology Innovation Nuclei, part of Universities, represented by FORTEC (National Forum of Managers of Innovation and Technology Transfer). For this mapping, a matrix that considers the business development stage model was used to identify key actions and gaps in innovative entrepreneurship fostering in Brazil, also taking five critical business development variables into consideration-technology, talent, finance, location, and evolution. The results point to recurrences and lack of support and contribute with proposals for the Brazilian innovation ecosystem. Keywords: Innovative entrepreneurship. Innovation ecosystem. Network of institutions. RESUMO Este artigo contempla o aprofundamento de uma pesquisa realizada pelo Serviço Brasileiro de Apoio às Micro e Pequenas Empresas (SEBRAE) durante a 26ª Conferência Anprotec, realizada em Fortaleza, Ceará, no ano de 2016. A pesquisa incluiu um método para mapear as necessidades do Ecossistema Brasileiro de Inovação e cobriu dez instituições tais como Aceleradoras, representadas pela ABRAII (Associação Brasileira de

Drivers for Entrepreneurship Education: Harnessing Innovation for Quality Youth Employment and Income Generation

“…Finally, NGOs should coordinate community-oriented projects involving students in activities like fundraising and cultural workshops to build entrepreneurial skills (#27, #10, #8) (Carvalho et al, 2020). These collective efforts aim to foster sustainability, reduce unemployment, and enable inclusive entrepreneurship.…”

“…Governments should empower young women through workshops on digital marketing and leadership (Rudhumbu et al, 2020;Salavou et al, 2021). Lastly, NGOs can partner with institutions for community projects that develop essential entrepreneurial skills (Carvalho et al, 2020).…”

“…NGOs focusing on business entrepreneurship should collaborate with those operating in other social sectors like recycling and cultural promotion. They can offer specialised courses, training, and crisis support (#32) (Akhmetshin et al, 2018;Carvalho et al, 2020;Fayolle, Verzat and Wapshott, 2016). A more entrepreneurially conducive environment can be created by emphasising legal compliance, quality education, corporate partnerships, specialised funding, and NGO collaboration.…”