Unlocking the Power of Accelerators: The Crucial Role of Institutions in Boosting New Venture Performance

Pramendra Singh Tank

IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: Accelerators are becoming popular in helping new ventures succeed. However, current research on their impact on new venture performance does not consider the role of institutional environment. This paper examines the importance of institutions and assesses the impact of accelerators on new venture performance using a generalized difference-in-differences technique on a worldwide accelerator database. The study finds that while accelerators positively impact revenue and equity funding, however the impact is higher in countries with strong institutions. The study highlights the significance of institutions in assessing the impact of accelerators on new ventures, contributing to nascent research in this area.

Date: 2023-04-18
New Economics Papers: this item is included in nep-ent
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.iima.ac.in/sites/default/files/2023-04/WP-2023-04-04.pdf English Version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iim:iimawp:14694

Access Statistics for this paper

More papers in IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department Contact information at EDIRC.
Bibliographic data for series maintained by ().