IDEAS home Printed from https://ideas.repec.org/a/ers/journl/vxxvy2022i1p477-510.html
   My bibliography  Save this article

Start-up Accelerator: State of the Art and Future Directions

Author

Listed:
  • Michal Banka
  • Mariusz Salwin
  • Dariusz Masłowski
  • Szymon Rychlik
  • Maria Kukurba

Abstract

Purpose: The paper presents a review of the literature concerning start-up accelerators and a classification of related research untill August 2021. Approach/Methodology/Design: While elaborating the classification, the authors coded works according to the type of accelerator and implemented acceleration program. Furthermore, the paper identifies the countries, research bodies and authors who focus on research on the functioning of accelerators. The authors present how various accelerator forms operate and how they perform. Findings: The paper systematizes knowledge related to start-up accelerators available in the Scopus base and suggests directions for future research. Practical Implications: Recently a clear phenomenon is shown that is the development of a start-up ecosystem, in particular creation and professionalization of the new form of organisation that is a start-up accelerator. This entity acts as a bridge between start-ups and corporations and big enterprises, promoting success of both sides – conclusion of business contracts. More start-ups and corporations decide to collaborate with accelerators that, with their acceleration programs involving big companies, support them both. By monitoring the corporate-start-up collaboration, accelerators actively promote both parties, also in terms of generating necessary innovations to support, for instance, production, sales or service processes in big companies. An evergrowing number of accelerators and accelerator programs worldwide translates into more interest in research in this field. Originality/Value: Despite the increasing research trend related to start-up accelerators, no precise research classification has been available to date.

Suggested Citation

  • Michal Banka & Mariusz Salwin & Dariusz Masłowski & Szymon Rychlik & Maria Kukurba, 2022. "Start-up Accelerator: State of the Art and Future Directions," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 477-510.
  • Handle: RePEc:ers:journl:v:xxv:y:2022:i:1:p:477-510
    as

    Download full text from publisher

    File URL: https://www.ersj.eu/journal/2865/download
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Maria Kukurba & Aneta Ewa Waszkiewicz & Mariusz Salwin & Andrzej Kraslawski, 2021. "Co-Created Values in Crowdfunding for Sustainable Development of Enterprises," Sustainability, MDPI, vol. 13(16), pages 1-21, August.
    2. Tobias Gutmann & Cornelius Maas & Dominik Kanbach & Stephan Stubner, 2020. "Startups in a corporate accelerator: what is satisfying, what is relevant and what can corporates improve?," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 24(6), pages 413-442.
    3. Ross Brown & Suzanne Mawson & Neil Lee & Lauren Peterson, 2019. "Start-up factories, transnational entrepreneurs and entrepreneurial ecosystems: unpacking the lure of start-up accelerator programmes," European Planning Studies, Taylor & Francis Journals, vol. 27(5), pages 885-904, May.
    4. Kuebart, Andreas & Ibert, Oliver, 2019. "Beyond territorial conceptions of entrepreneurial ecosystems: The dynamic spatiality of knowledge brokering in seed accelerators," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 63(2-4), pages 118-133.
    5. Lydia Canovas-Saiz & Isidre March-Chordà & Rosa Maria Yagüe-Perales, 2021. "A quantitative-based model to assess seed accelerators’ performance," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 33(3-4), pages 332-352, March.
    6. Mariusz Salwin & Ilona Jacyna-Gołda & Michał Bańka & Dari Varanchuk & Anna Gavina, 2021. "Using Value Stream Mapping to Eliminate Waste: A Case Study of a Steel Pipe Manufacturer," Energies, MDPI, vol. 14(12), pages 1-19, June.
    7. Pi-Shen Seet & Janice Jones & Lloyd Oppelaar & Graciela Corral de Zubielqui, 2018. "Beyond ‘know-what’ and ‘know-how’ to ‘know-who’: enhancing human capital with social capital in an Australian start-up accelerator," Asia Pacific Business Review, Taylor & Francis Journals, vol. 24(2), pages 233-260, March.
    8. Tobias Gutmann, 2019. "Harmonizing corporate venturing modes: an integrative review and research agenda," Management Review Quarterly, Springer, vol. 69(2), pages 121-157, June.
    9. Laspia, Alessandro & Sansone, Giuliano & Landoni, Paolo & Racanelli, Domenico & Bartezzaghi, Emilio, 2021. "The organization of innovation services in science and technology parks: Evidence from a multi-case study analysis in Europe," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    10. Maria Urbaniec & Agnieszka Żur, 2021. "Business model innovation in corporate entrepreneurship: exploratory insights from corporate accelerators," International Entrepreneurship and Management Journal, Springer, vol. 17(2), pages 865-888, June.
    11. Heiko Butz & Matthias Jan Mrożewski, 2021. "The Selection Process and Criteria of Impact Accelerators. An Exploratory Study," Sustainability, MDPI, vol. 13(12), pages 1-22, June.
    12. Emil Lucian Crișan & Irina Iulia Salanță & Ioana Natalia Beleiu & Ovidiu Niculae Bordean & Raluca Bunduchi, 2021. "A systematic literature review on accelerators," The Journal of Technology Transfer, Springer, vol. 46(1), pages 62-89, February.
    13. Stephan Jung, 2018. "Cooperating with Start-ups as a Strategy: Towards Corporate Entrepreneurship and Innovation," FGF Studies in Small Business and Entrepreneurship, in: André Presse & Orestis Terzidis (ed.), Technology Entrepreneurship, pages 283-298, Springer.
    14. John Stayton & Vincent Mangematin, 2019. "Seed accelerators and the speed of new venture creation," The Journal of Technology Transfer, Springer, vol. 44(4), pages 1163-1187, August.
    15. Bustamante, Carla V., 2019. "Strategic choices: Accelerated startups' outsourcing decisions," Journal of Business Research, Elsevier, vol. 105(C), pages 359-369.
    16. Yael V. Hochberg, 2016. "Accelerating Entrepreneurs and Ecosystems: The Seed Accelerator Model," Innovation Policy and the Economy, University of Chicago Press, vol. 16(1), pages 25-51.
    17. Paul Jackson & Nancy Richter, 2017. "Situational Logic: An Analysis Of Open Innovation Using Corporate Accelerators," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(07), pages 1-21, October.
    18. Kohler, Thomas, 2016. "Corporate accelerators: Building bridges between corporations and startups," Business Horizons, Elsevier, vol. 59(3), pages 347-357.
    19. Mansoori, Yashar & Karlsson, Tomas & Lundqvist, Mats, 2019. "The influence of the lean startup methodology on entrepreneur-coach relationships in the context of a startup accelerator," Technovation, Elsevier, vol. 84, pages 37-47.
    20. Connolly, Aidan J. & Turner, Justin & Potocki, Alexa D., 2018. "IGNITE your corporate innovation: insights from setting up an ag-tech start-up accelerator," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 21(6), July.
    21. Kim, Jin-Hyuk & Wagman, Liad, 2014. "Portfolio size and information disclosure: An analysis of startup accelerators," Journal of Corporate Finance, Elsevier, vol. 29(C), pages 520-534.
    22. Shankar, Raj K. & Shepherd, Dean A., 2019. "Accelerating strategic fit or venture emergence: Different paths adopted by corporate accelerators," Journal of Business Venturing, Elsevier, vol. 34(5), pages 1-1.
    23. Katja Hutter & Anne Gfrerer & Bettina Lindner, 2021. "From Popular To Profitable: Incumbents’ Experiences And Challenges With External Corporate Accelerators," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 25(03), pages 1-30, April.
    24. Paolo Gaiardelli & Giuditta Pezzotta & Alice Rondini & David Romero & Farnaz Jarrahi & Marco Bertoni & Stefan Wiesner & Thorsten Wuest & Tobias Larsson & Mohamed Zaki & Philipp Jussen & Xavier Boucher, 2021. "Product-service systems evolution in the era of Industry 4.0," Service Business, Springer;Pan-Pacific Business Association, vol. 15(1), pages 177-207, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Michał Bańka & Mariusz Salwin & Maria Kukurba & Szymon Rychlik & Joanna Kłos & Monika Sychowicz, 2022. "Start-Up Accelerators and Their Impact on Sustainability: Literature Analysis and Case Studies from the Energy Sector," Sustainability, MDPI, vol. 14(20), pages 1-30, October.
    2. Michał Bańka & Mariusz Salwin & Roman Tylżanowski & Ireneusz Miciuła & Monika Sychowicz & Norbert Chmiel & Adrian Kopytowski, 2023. "Start-Up Accelerators and Their Impact on Entrepreneurship and Social Responsibility of the Manager," Sustainability, MDPI, vol. 15(11), pages 1-32, May.
    3. Maria Kukurba & Mariusz Salwin & Aneta Ewa Waszkiewicz, 2023. "Model of Value Transfer in Crowdfunding and Sustainable Development of Small and Medium-Sized Enterprises in Poland—Based on Survey Research," Sustainability, MDPI, vol. 15(16), pages 1-55, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bańka Michał & Salwin Mariusz & Waszkiewicz Aneta Ewa & Rychlik Szymon & Kukurba Maria, 2022. "Startup Accelerators," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 58(1), pages 80-118, March.
    2. Michał Bańka & Mariusz Salwin & Maria Kukurba & Szymon Rychlik & Joanna Kłos & Monika Sychowicz, 2022. "Start-Up Accelerators and Their Impact on Sustainability: Literature Analysis and Case Studies from the Energy Sector," Sustainability, MDPI, vol. 14(20), pages 1-30, October.
    3. Michał Bańka & Mariusz Salwin & Roman Tylżanowski & Ireneusz Miciuła & Monika Sychowicz & Norbert Chmiel & Adrian Kopytowski, 2023. "Start-Up Accelerators and Their Impact on Entrepreneurship and Social Responsibility of the Manager," Sustainability, MDPI, vol. 15(11), pages 1-32, May.
    4. Navid Mohammadi & Shaghayegh Sakhteh, 2023. "Start-up accelerator value chain: a systematic literature review," Management Review Quarterly, Springer, vol. 73(2), pages 661-694, June.
    5. Emil Lucian Crișan & Irina Iulia Salanță & Ioana Natalia Beleiu & Ovidiu Niculae Bordean & Raluca Bunduchi, 2021. "A systematic literature review on accelerators," The Journal of Technology Transfer, Springer, vol. 46(1), pages 62-89, February.
    6. Alexander Kramer & Dominik K. Kanbach, 2023. "Relationship-building in the post-acceleration phase of corporate accelerators: empirical evidence from Germany," International Entrepreneurship and Management Journal, Springer, vol. 19(2), pages 755-779, June.
    7. Brian J. Bergman & Jeffery S. McMullen, 2022. "Helping Entrepreneurs Help Themselves: A Review and Relational Research Agenda on Entrepreneurial Support Organizations," Entrepreneurship Theory and Practice, , vol. 46(3), pages 688-728, May.
    8. Del Sarto, Nicola & Isabelle, Diane A. & Di Minin, Alberto, 2020. "The role of accelerators in firm survival: An fsQCA analysis of Italian startups," Technovation, Elsevier, vol. 90.
    9. Maria Urbaniec & Agnieszka Żur, 2021. "Business model innovation in corporate entrepreneurship: exploratory insights from corporate accelerators," International Entrepreneurship and Management Journal, Springer, vol. 17(2), pages 865-888, June.
    10. Nicola Del Sarto & Giulio Ferrigno & Vinit Parida & Alberto Minin, 2023. "Do start-ups benefit from coworking spaces? An empirical analysis of accelerators’ programs," Review of Managerial Science, Springer, vol. 17(7), pages 2471-2502, October.
    11. Lall, Saurabh A. & Chen, Li-Wei & Roberts, Peter W., 2020. "Are we accelerating equity investment into impact-oriented ventures?," World Development, Elsevier, vol. 131(C).
    12. Gonzalez-Uribe, Juanita & Hmaddi, Ouafaa, 2022. "The multi-dimensional impacts of business accelerators: what does the research tell us?," LSE Research Online Documents on Economics 115461, London School of Economics and Political Science, LSE Library.
    13. Ana Venâncio & João Jorge, 2022. "The role of accelerator programmes on the capital structure of start-ups," Small Business Economics, Springer, vol. 59(3), pages 1143-1167, October.
    14. Fink, Alexander A. & Klöckner, Maximilian & Räder, Tobias & Wagner, Stephan M., 2022. "Supply chain management accelerators: Types, objectives, and key design features," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 164(C).
    15. Ben Spigel & Fizza Khalid & David Wolfe, 2023. "Alacrity: a new model for venture acceleration," International Entrepreneurship and Management Journal, Springer, vol. 19(1), pages 237-259, March.
    16. Berna Beyhan & Derya Fındık, 2022. "Selection of Sustainability Startups for Acceleration: How Prior Access to Financing and Team Features Influence Accelerators’ Selection Decisions," Sustainability, MDPI, vol. 14(4), pages 1-23, February.
    17. Ross Brown & Suzanne Mawson & Neil Lee & Lauren Peterson, 2019. "Start-up factories, transnational entrepreneurs and entrepreneurial ecosystems: unpacking the lure of start-up accelerator programmes," European Planning Studies, Taylor & Francis Journals, vol. 27(5), pages 885-904, May.
    18. Lysander Weiss & Dominik Kanbach, 2022. "Toward an integrated framework of corporate venturing for organizational ambidexterity as a dynamic capability," Management Review Quarterly, Springer, vol. 72(4), pages 1129-1170, December.
    19. Ton Guardiet & Alexander Oreschenko & Hendrick Wawers, 2022. "Success Factors of Corporate Accelerators," Business & Entrepreneurship Journal, SCIENPRESS Ltd, vol. 11(1), pages 1-1.
    20. Vincenzo Corvello & Annika Steiber & Sverker Alänge, 2023. "Antecedents, processes and outcomes of collaboration between corporates and start-ups," Review of Managerial Science, Springer, vol. 17(1), pages 129-154, January.

    More about this item

    Keywords

    Start-up Accelerator; Start-up; Accelerator;
    All these keywords.

    JEL classification:

    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ers:journl:v:xxv:y:2022:i:1:p:477-510. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marios Agiomavritis (email available below). General contact details of provider: https://ersj.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.