The Corporate Accelerator: A New Kind of Strategic Factor Market to Access Strategic Resources

Abstract

Corporate accelerators are often viewed as a way to capture innovation from startups. In this study, we present a fresh understanding of the specific role of corporate accelerators in accessing a number of strategic resources held by startups other than innovation. This research study explores the ways in which corporations use corporate accelerators to acquire resources held within the strategic factor markets in which startups compete. Using six in-depth case studies of corporate accelerators and 43 interviews with accelerators, corporations, and startups, we investigate the type of strategic resources that can be accessed by firms via corporate accelerators. We also explain the dynamics through which corporations gain access to some of these strategic resources.

La cooperación de corporaciones públicas con empresas privadas de nueva creación en todas las etapas de su ciclo de vida

“…Al participar en el programa de aceleración, las empresas privadas de nueva creación reciben tutoría y apoyo de expertos y tienen la oportunidad de aprovechar la oferta proporcionada no sólo por el acelerador de empresas de nueva creación, sino también de los recursos proporcionados por las SC en forma de, por ejemplo, fondos de inversión. acceso a infraestructura, clientes o tecnología (Arreola et al, 2021;Kanbach & Stubner, 2016;Mahmoud-Jouini et al, 2018). Además, participar en estos programas de aceleración también es una excelente oportunidad para que las empresas privadas de nueva creación lleven a cabo una implementación piloto o reciban comentarios valiosos del mercado.…”

If You Want to Go Fast, Go Alone; If You Want to Go Far, Go Together. In Favor of a Partnership Approach to Directors of Incubators’ Dynamic Managerial Capabilities

“…In a competitive context that is intensifying, research has taken an interest in business models and shows that they have multiplied: acceleration, pre-acceleration, coworking, etc. (Arreola et al, 2021;Lamine et al, 2018). They make it possible to renew the interests of financers, particularly in Europe where there are underlying reductions in public spending (Messeghem et al, 2018).…”

“…They make it possible to renew the interests of financers, particularly in Europe where there are underlying reductions in public spending (Messeghem et al, 2018). Acceleration is thus an economic development tool for public financers as well as a means of finding young businesses in which to invest for private financers (Arreola et al, 2021).…”

“…Traditional incubation consists of support over several years provided by a team of coaches, from the emergence of the project to the development of the company (Lamine et al, 2018). Acceleration is structured around support provided over several months within baches of entrepreneurs guided by external mentors (Arreola et al, 2021), while pre-acceleration is designed as support reserved for students (Lamine et al, 2018).…”