Toward a better understanding of corporate accelerator models

Sandra-Luisa Moschner, Alexander A. Fink, Stefan Kurpjuweit, Stephan M. Wagner and Cornelius Herstatt

Business Horizons, 2019, vol. 62, issue 5, 637-647

Abstract: Corporate accelerator programs—accelerators managed by or directly sponsored by one or multiple established firms—are becoming an integral part of startup ecosystems and an important startup engagement vehicle for established firms. Previous research focused either on independent accelerators or on corporate accelerator programs that one established firm operates internally. However, new accelerator models emerged recently, making the corporate accelerator phenomenon more diverse. The purpose of this article is to provide an overview of the different types of corporate accelerators, along with their objectives and characteristics in order for managers to better understand which type best fits their organization. Our insights on corporate accelerators emerged from secondary data and interviewees from companies and accelerator programs. We used these insights to categorize the programs into four corporate accelerator models that vary according to number of participants and the accelerator’s management structure and explain how companies can select the right model for their objectives.

Keywords: Corporate accelerator; New venture; Startup; Established firm; Open innovation (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S000768131930076X
Full text for ScienceDirect subscribers only

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:eee:bushor:v:62:y:2019:i:5:p:637-647

DOI: 10.1016/j.bushor.2019.05.006

Access Statistics for this article

Business Horizons is currently edited by C. M. Dalton

More articles in Business Horizons from Elsevier
Bibliographic data for series maintained by Catherine Liu ().