4 of 4 people found this helpful
Theoretically, you do not have to because the settings are all/most of all saved on the database. So instead of having a snapshot of your Application, back up your database instead.
1 of 1 people found this helpful
Many of the tables have changed between 2016 and the current release, it is likely that it could start up but you likely would run into various errors once everything gets up and running.
The best way to do this would be to just download and run the latest version of the installer as if you were going to upgrade the 2016.1 server in place. The installer will give you a list of any intermediate steps you would need to go through in order to get your system up to date.