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Understanding the Effects of Accelerators on Startups: A Network-Based Approach  

Ra, Keehyuk (School of Management, Kyunghee University)
Yang, Daegyu (School of Management, Kyunghee University)
Battulga, Altantsetseg (School of Management, Kyunghee University)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.14, no.1, 2019 , pp. 85-99 More about this Journal
Abstract
Startups need proper external supports to survive and build strong foundations for growth in their early stage. Accelerators help such startups by providing tangible and intangible resources. Accordingly, accelerators are creating a social environment that can effectively support the startups in the early stage, distinct from other institutions that fund or help the startups. However, the actual impact of accelerators on startups has not been yet fully scrutinized thoroughly, especially with the lack of theoretical lenses to comprehend accelerators. This paper aims to build a theoretical foundation to understand the role of accelerator, focusing on the network-based perspective. We briefly overview the concept of accelerator and the current status of the accelerator industry. Subsequently, focusing on the network that accelerators and startups create, this paper examines how the characteristics of the network relationships affect the growth and survival of the early-stage startups. Thus, by offering systematic analysis of the underlying mechanisms of the effects of the accelerators under network-based approach, this paper suggests a direction for the future empirical research on the topic of startup accelerator.
Keywords
Accelerator; Startup; Entrepreneurship; Network effects; Social Networks; Organization Theory;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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