Research universities need to nurture two different, but overlapping ecosystems: one to support entrepreneurs and another to support innovating companies. This slide distinguishes between the two.

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