| Autor: |
Tank, Pramendra Singh, Agarwal, Devanshi, Jaiswal, Sumit Kumar |
| Zdroj: |
Academy of Management Annual Meeting Proceedings; 2024, Vol. 2024 Issue 1, pN.PAG-N.PAG, 1p |
| Abstrakt: |
In the last two decades, accelerators have proliferated and assumed a vital role in the entrepreneurial ecosystem. Prompted by their impact and prominence, researchers have begun to study their effects on participating ventures and examine the differential performance impacts of various accelerator programs. Two different approaches to program design and implementation - top-down (centrally designed and managed by accelerator) and bottom-up (prioritize flexibility, autonomy, and adaptability for participating startups) - have been touted to influence this differential performance. Our research sits at the interaction of these top-down and bottom-up features. Specifically, we study the location of the accelerator with respect to the ventures' place of origin as a determinant of differential performance among participating ventures. In addition, we assess the impact of an accelerator's cohort size on the strength of this relationship. We use equity raised to measure start-up performance and find that non-local accelerator participation leads to better fundraising for ventures, and cohort size negatively moderates the latter relationship. We explain these effects using networking and signaling benefits that accelerator participation bestows upon participating ventures. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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