 Sources for success - new venture creation in seed and business acceleratorsLotta Frimodig and Marko Torkkeli International Journal of Business Excellence, 2017, vol. 12, issue 4, 489-507 Abstract: The aim of this study is to explore how an accelerator could succeed. We found that fundamental preconditions for success might be the access to relevant business competences and the ability to transfer it to a startup. On the other hand, the dynamics of acceleration organisation might be a restricting factor for business knowledge use and action. The success of an accelerator is a multidimensional topic. Generally, accelerators should construct great value proposition that facilitates the generation of long-term attraction for different stakeholders. However, the access to knowledge and funding can be viewed as the prerequisites of the existence of an accelerator but a prevailing startup ecosystem and service providers can also have a significant influence on new venture creation. Generally, the success of an accelerator can improve a local startup ecosystem and might have an influence on the economic development of a region. Keywords: accelerator; new venture creation; high growth; knowledge gap; equity gap; professional entrepreneurship; knowledge transfer; startup; tacit knowledge; self-transcending knowledge; rapid growth; investor; sweat equity. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbexc:v:12:y:2017:i:4:p:489-507 Access Statistics for this article More articles in International Journal of Business Excellence from Inderscience Enterprises Ltd |
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