Glossary

 

All the tech, innovation and startup vocabulary you need to know

 

 

 

Find the word you’re looking for:

A – BCDEF – G – HI – J – K – L – M – N – OP – Q – RS – T – UV – W – X – Y – Z

A


 

API

API

API is an acronym that stands for Application Programming Interface. It’s an interface that creates links between apps so they can exchange data.

Agility

Agility

A company’s agility is its ability to become more reactive, more flexible and more productive through collective intelligence.

B


 

Bootstrapping

Bootstrapping

Using your own personal savings and/or asking for financial help from your friends and family to launch your startup.

Business angel

Business angel

A business angel is someone with significant financial resources who decides to invest some of their capital in young startups.

C


 

Co-creation

Co-creation

For businesses, co-creation is the act of getting other parties involved in the process of innovation by working together to design new products and services. These parties can be employees or external innovators such as startups, developers or students.

D


 

Digital transformation

Digital transformation

Digital transformation refers to the process of integrating new digital technologies into everything an organization does.

E


 

e-Hackathon

e-Hackathon

An e-hackathon is a kind of hackathon in which participants work on their projects remotely, without being physically present in the same room as they are in traditional hackathons. Instead of lasting for 48 hours, the competition continues over several months and results in more complete projects.

F


 

Fab lab

Fab lab

A fab lab is a working space that’s open to everyone, where tools and machines are made available to the public so they can create objects.

H


 

Hackathon

Hackathon

A hackathon is a competition in which teams of developers compete to create an app or prototype that provides the best solution to a given issue. This type of competition generally runs over two days.

Hack-at-home

Hack-at-home

A type of hackathon where participants take part online from home.

I


 

i-Challenge

i-Challenge

An i-Challenge is a challenge that focuses on innovative issues as a way of producing new concepts and ideas.

Incubator

Incubator

An incubator is a structure created by public or private organizations with the aim of providing support to innovative companies and funding their launch.

Innovation

Innovation

Innovation is a process that aims to identify new concepts, ideas and technologies.

Intrapreneurship

Intrapreneurship

Intrapreneurship is when an employee working for a company takes on the role of an entrepreneur within the business, launching innovative initiatives (for instance, creating new products and services). This process can lead to the creation of new companies.

O


 

Online hackathon

Online hackathon

An online hackathon is a kind of hackathon in which participants work on their projects remotely, without being physically present in the same room as they are in traditional hackathons. Instead of lasting for 48 hours, the competition continues over several months and results in more complete projects.

Open innovation

Open innovation

Open innovation, also known as collaborative innovation, is a process whose main aim is to identify new concepts, ideas and technologies through collective intelligence.

P


 

POC (Proof of Concept)

POC (Proof of Concept)

A POC is an experimental demonstration of the feasibility of an idea or a particular method.

R


 

Reverse mentoring

Reverse mentoring

Reverse mentoring is an innovative cross-generational process in which senior managers are given training on new technology and the digital world by young employees from Generations Y and Z.

S


 

SaaS platform

SaaS platform

The term SaaS (Software as a Service) refers to online software made available remotely by suppliers.

Scalable

Scalable

A startup is scalable when it multiplies its business volume while also boosting its profitability.

Startup

Startup

A startup is a young, innovative and high-potential company working in the new technology industry.

U


 

Unicorn

Unicorn

A unicorn is a startup valued at over $1 billion, such as Uber in the United States, Xiaomi in China, Delivery Hero in Germany and Blablacar in France.

V


 

Venture capital

Venture capital

Venture capital is when investors buy stakes in young unlisted companies.

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