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Paradoxes of accelerator programs and new venture performance: Do varieties of experiences make a difference?

Chowdhury, Farzana; Audretsch, David B.

Paradoxes of accelerator programs and new venture performance: Do varieties of experiences make a difference? Thumbnail


Authors

David B. Audretsch



Abstract

Incubators and accelerators have proliferated, but their impact on new ventures’ performance remains unclear. This article explores whether all ventures benefit equally from participating in accelerator programs. We propose that the entrepreneurs’ human capital resources influence the benefits extracted from accelerator program participation. Using application data from the accelerator programs across developed and developing countries, we find participation in accelerator programs positively impacts the ventures’ innovation performance but has a mixed impact on social performance. Founders with high education benefit from participating in accelerator programs for innovation and social performance. However, entrepreneurial experience and vast industry experience do not significantly influence ventures’ social and innovation-related performance from accelerator participation. The result is consistent for both solo and team founders.

Citation

Chowdhury, F., & Audretsch, D. B. (2024). Paradoxes of accelerator programs and new venture performance: Do varieties of experiences make a difference?. Small Business Economics, 62(1), 381-409. https://doi.org/10.1007/s11187-023-00778-y

Journal Article Type Article
Acceptance Date Apr 22, 2023
Online Publication Date May 18, 2023
Publication Date Jan 1, 2024
Deposit Date Apr 18, 2023
Publicly Available Date May 25, 2023
Journal Small Business Economics
Print ISSN 0921-898X
Electronic ISSN 1573-0913
Publisher Springer
Peer Reviewed Peer Reviewed
Volume 62
Issue 1
Pages 381-409
DOI https://doi.org/10.1007/s11187-023-00778-y
Keywords Innovation, Accelerator, New Ventures, L2, Industry Experience, 05, M13, L25, Human Capital, Entrepreneurial Experience
Public URL https://durham-repository.worktribe.com/output/1174449

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Publisher Licence URL
http://creativecommons.org/licenses/by/4.0/

Copyright Statement
This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.






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