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Understanding a new generation incubation model: The accelerator

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Title: Understanding a new generation incubation model: The accelerator
Authors: Pauwels, C
Clarysse, B
Wright, M
Van Hove, J
Item Type: Journal Article
Abstract: Prior research hints at the accelerator as a new generation incubation model. Accelerators have become an umbrella term for any program providing a service structure of mentorship, networking opportunities and access to funding. The challenge, however, is to understand their distinctive characteristics and profiles geared towards reinforcing business start-ups. How do accelerators operate as a new generation incubation model and how do they differ from existing incubation mechanisms? This inductive study investigates 13 accelerators across Europe and adopts a design lens to identify the accelerator model’s key design parameters. We identify five key building blocks and distinguish between three different types of accelerators, taking the primary design theme of the accelerator into account. We contribute to the incubation literature by extending recognition of the heterogeneity of incubation models, by delineating the accelerator as a distinctive incubation model and by introducing the design lens as a useful theoretical framework to investigate incubation models and their evolution.
Issue Date: 10-Oct-2015
Date of Acceptance: 9-Sep-2015
URI: http://hdl.handle.net/10044/1/41897
DOI: https://dx.doi.org/10.1016/j.technovation.2015.09.003
ISSN: 0166-4972
Publisher: Elsevier
Start Page: 13
End Page: 24
Journal / Book Title: Technovation
Volume: 50-51
Copyright Statement: © 2015, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/
Keywords: Science & Technology
Social Sciences
Technology
Engineering, Industrial
Management
Operations Research & Management Science
Engineering
Business & Economics
Incubation models
Accelerators
Activity system perspective
Design
TECHNOLOGY-BASED FIRMS
BUSINESS INCUBATORS
SCIENCE PARKS
ENTREPRENEURSHIP
PERFORMANCE
STRATEGIES
MANAGEMENT
FRAMEWORK
NETWORKS
TYPOLOGY
Business & Management
1503 Business And Management
1505 Marketing
Publication Status: Published
Appears in Collections:Imperial College Business School



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