Startup accelerators as an open environment: The impact on startups’ innovative performance

Sarto, Nicola Del; Cázares, Claudio Cruz; Minin, Alberto Di

doi:10.1016/j.technovation.2021.102425

Cited by 28 publications

(22 citation statements)

References 116 publications

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“…Our findings suggest that internally and externally sourced entrepreneurs have different effects on our performance indicators, and that (1) internal entrepreneurs contribute to exploratory learning, whereas external entrepreneurs contribute to exploitative learning; (2) internal entrepreneurs generate earnings for sponsorship organisations, whereas external entrepreneurs contribute to society at large; and (3) externally sourced entrepreneurs contribute to mutual branding advantages, which in turn may lead to (indirect) earning outcomes. With this approach, we have offered an alternate perspective on incubator design, complementing current research endeavours in this field, and bringing us closer to a unified theory on business incubation mechanisms (Clarysse et al, 2005; Bergek and Norrman, 2008; Bruneel et al, 2012; Isabelle, 2013; Mian et al, 2016; Pauwels et al, 2016; Clayton et al, 2018; Cohen et al, 2019; Klofsten et al, 2020; Del Sarto et al, 2022).…”

Section: Conclusion and Contributionsmentioning

confidence: 99%

“…(3) externally sourced entrepreneurs contribute to mutual branding advantages, which in turn may lead to (indirect) earning outcomes. With this approach, we have offered an alternate perspective on incubator design, complementing current research endeavours in this field, and bringing us closer to a unified theory on business incubation mechanisms (Clarysse et al, 2005;Bergek and Norrman, 2008;Bruneel et al, 2012;Isabelle, 2013;Mian et al, 2016;Pauwels et al, 2016;Clayton et al, 2018;Cohen et al, 2019;Klofsten et al, 2020;Del Sarto et al, 2022).…”

Section: Conclusion and Contributionsmentioning

confidence: 99%

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Why entrepreneur sourcing matters: the effects of entrepreneur sourcing on alternative types of business incubation performance

2023

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This paper investigates the effects of entrepreneur sourcing on business incubation performance. We distinguish between internal and external sourcing concerning the organisation that sponsors business incubation activities. Entrepreneurs can be internally sourced, originating from the parent organisation to become startup founders or externally sourced and recruited from outside the parent organisation to lead and build the startup. Both in the literature and incubation practice, the entrepreneur's trajectory is usually taken for granted. We contribute to research by investigating the effects of entrepreneur sourcing on business incubator performance and by offering an alternate categorisation of these performance outcomes. We characterise three basic types of performance outcomes: learning, earning, and returning. During this study, we identified a fourth outcome, namely branding. We examined eight cases at two corporate business incubators. Our findings suggest that internally and externally sourced entrepreneurs affect performance outcomes differently. Contrary to our expectations, we found that internal entrepreneurs contribute to exploratory learning, whereas external entrepreneurs contribute to exploitative learning. Furthermore, our results suggest that internal entrepreneurs generate earnings for the sponsorship organisation and external entrepreneurs contribute to a returning outcome by benefitting society at large. We conclude this study with a tentative conceptual model for future research into incubator design and for managers to align the setup of their incubator programmes to their specific purposes.

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Section: Conclusion and Contributionsmentioning

confidence: 99%

Section: Conclusion and Contributionsmentioning

confidence: 99%

Why entrepreneur sourcing matters: the effects of entrepreneur sourcing on alternative types of business incubation performance

2023

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“…The respondent numbers change year-by-year due to attrition, refusals, change of contact and business exits and also due to some missing data, generating an unbalanced panel data. The unbalanced panel avoids the sample selection bias (Del Sarto et al, 2021) and provides a richer dataset to analyse the behavioural patterns related to openness and FA decisions.…”

Section: Samplementioning

confidence: 99%

Exploring the dynamics of openness and formal appropriability and its impact on innovation performance in start‐ups

et al. 2023

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A tension between openness and formal appropriability (FA) emerges in start‐ups as they require both in order to attract investors or innovation partners, yet their limited resources are a challenge in this pursuit. This paper sheds light on this tension through the study of the dynamics of openness and formal appropriability over time and the impact of combining openness and formal appropriability mechanisms (FAMs) on innovation performance. Using a longitudinal panel sample of Spanish start‐ups during a period of ten years, it is found that start‐ups change their openness and formal appropriability strategies over their development and that a combination of openness and formal appropriability enhances start‐ups' innovation performance. This combinative strategy is more relevant for start‐ups during the early years of start‐up growth, and if they have a high R&D intensity. The study contributes to literature that analyses the trade‐off between openness and appropriability, and bridges entrepreneurship and open innovation literatures, providing valuable implications for managers.

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“…Second, accelerator start-ups are structured into cohorts (Del Sarto et al 2022). This implies that the acceleration program is focused on small teams that are further involved in start-up classes or groups.…”

Section: Start-up Accelerators As Coworking Spacesmentioning

confidence: 99%

Do start-ups benefit from coworking spaces? An empirical analysis of accelerators’ programs

et al. 2022

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Open innovation and innovation performance have been widely studied in the literature. However, few studies have examined the impact of openness to different types of external knowledge on start-ups’ innovation performance. Moreover, previous literature could be further complemented by additional investigation into how the coworking spaces provided by accelerator programs may engender informal sources of knowledge that enhance the innovation performance of accelerated start-ups. To address this research gap, we investigate whether start-ups participating in accelerator programs can enhance their innovation performance through information transfer from informal networks provided by business accelerator programs. In order to do so, we draw two-stage data collection data from 113 start-ups accelerated by Italian accelerators from 2013 to 2016 and the response data collected in 2018. Our results reveal that coopetitors, educators, and investors are beneficial for different innovation outcomes of accelerated start-ups. These findings contribute to the innovation management literature, the small business management literature, the literature on accelerators and the coworking spaces literature.

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Startup accelerators as an open environment: The impact on startups’ innovative performance

Cited by 28 publications

References 116 publications

Why entrepreneur sourcing matters: the effects of entrepreneur sourcing on alternative types of business incubation performance

Why entrepreneur sourcing matters: the effects of entrepreneur sourcing on alternative types of business incubation performance

Exploring the dynamics of openness and formal appropriability and its impact on innovation performance in start‐ups

Do start-ups benefit from coworking spaces? An empirical analysis of accelerators’ programs

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