Oasis in the desert or icing on the cake? The impact of entrepreneurship accelerators across ecosystems

• 成果类型: Article
• 署名作者: Qin, Fei
• 署名单位: University of Bath
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/s41267-025-00780-4
• 发表日期: 2025
• 页码: 659-676
• 关键词: Impact-oriented business accelerators; Entrepreneurial ecosystem intermediaries; Market-supporting institutions; Institutional voids; New venture growth; Cross-level mechanisms; Contextualization

摘要

The effectiveness of accelerators in fostering new venture development has traditionally been attributed to variations in their internal operations and design, with limited consideration of contextual factors. This study broadens the understanding of accelerators by situating their roles in relation to entrepreneurial ecosystems and introducing a multi-level framework on how macro-level institutions and meso-level accelerator programs interact to shape venture growth. By linking organizational theories on accelerators with institutional economics, this research juxtaposes and tests two perspectives: institutional voids and institutional support. On the one hand, accelerators address institutional voids by acting as intermediaries in entrepreneurial resource markets through knowledge and resource curation, network brokerage, and signaling. On the other hand, the effectiveness of these intermediation roles is constrained by the quality of institutions. Contrary to the prevailing belief that accelerators deliver greater value in underdeveloped institutional environments with inefficient entrepreneurial resource markets, the findings reveal that ventures in such contexts derive less growth benefit from accelerators. This study contributes to the growing body of comparative and international accelerator research and offers broader implications for meso-level intervention programs, suggesting these programs require working in concert with robust ecosystems rather than operating in isolation in order to achieve their intended objectives. L'efficacit & eacute; des acc & eacute;l & eacute;rateurs dans la promotion du d & eacute;veloppement des nouvelles entreprises a traditionnellement & eacute;t & eacute; attribu & eacute;e & agrave; des variations dans leur conception et leurs op & eacute;rations internes, avec une attention limit & eacute;e & agrave; leur interaction avec les environnements externes. Cette recherche & eacute;largit la compr & eacute;hension des acc & eacute;l & eacute;rateurs en les situant dans les & eacute;cosyst & egrave;mes entrepreneuriaux et en introduisant un cadre multi-niveaux pour explorer comment les institutions au niveau macro et les programmes d'acc & eacute;l & eacute;rateur au niveau m & eacute;so s'interagissent pour influencer la croissance des entreprises. En reliant les th & eacute;ories organisationnelles sur les acc & eacute;l & eacute;rateurs & agrave; l'& eacute;conomie institutionnelle, cette recherche juxtapose et teste deux perspectives : les vides institutionnels et le soutien institutionnel. D'une part, les acc & eacute;l & eacute;rateurs comblent les vides institutionnels en agissant en tant qu'interm & eacute;diaires sur les march & eacute;s de ressources entrepreneuriales par le biais de la conservation des connaissances et des ressources, du courtage en r & eacute;seau et de la signalisation. D'autre part, l'efficacit & eacute; de ces r & ocirc;les d'interm & eacute;diation est limit & eacute;e par la qualit & eacute; des institutions environnantes. Contrairement & agrave; la pens & eacute;e dominante selon laquelle les acc & eacute;l & eacute;rateurs apportent une plus grande valeur dans des environnements institutionnels sous-d & eacute;velopp & eacute;s avec des march & eacute;s de ressources entrepreneuriales inefficaces, les r & eacute;sultats r & eacute;v & egrave;lent que les entreprises dans de tels contextes tirent moins de b & eacute;n & eacute;fices en mati & egrave;re de croissance des acc & eacute;l & eacute;rateurs. Cette recherche contribue au nombre croissant de recherches comparatives et internationales sur les acc & eacute;l & eacute;rateurs, et apporte des implications plus larges pour les programmes d'intervention au niveau m & eacute;so, sugg & eacute;rant que ces programmes requi & egrave;rent des efforts concert & eacute;s pour construire des & eacute;cosyst & egrave;mes robustes plut & ocirc;t que de fonctionner de mani & egrave;re isol & eacute;e pour atteindre leurs objectifs. La eficacia de las aceleradoras en el fomento del desarrollo de nuevas empresas se ha atribuido tradicionalmente a variaciones en sus operaciones internas y dise & ntilde;o, con atenci & oacute;n limitada a su interacci & oacute;n con entornos externos. Este estudio ampl & iacute;a la comprensi & oacute;n de las aceleradoras situ & aacute;ndolas dentro de ecosistemas emprendedores e introduciendo un marco multinivel para explorar c & oacute;mo las instituciones a nivel macro y los programas de aceleraci & oacute;n a nivel meso interact & uacute;an para influir en el crecimiento empresarial. Al vincular teor & iacute;as organizacionales sobre aceleradoras con econom & iacute;a institucional, esta investigaci & oacute;n yuxtapone y prueba dos perspectivas: vac & iacute;os institucionales y apoyo institucional. Las aceleradoras, por un lado, abordan los vac & iacute;os institucionales actuando como intermediarias en los mercados de recursos emprendedores mediante la curaci & oacute;n de conocimientos y recursos, intermediaci & oacute;n de redes y se & ntilde;alizaci & oacute;n. Por otro lado, la efectividad de estos roles de intermediaci & oacute;n est & aacute; condicionada por la calidad de las instituciones circundantes. Contrario a la creencia predominante de que las aceleradoras aportan mayor valor en entornos institucionales subdesarrollados con mercados de recursos emprendedores ineficientes, los hallazgos revelan que las empresas en tales contextos obtienen menos beneficios de crecimiento de las aceleradoras. Este estudio contribuye al creciente cuerpo de investigaci & oacute;n comparativa e internacional sobre aceleradoras y ofrece implicaciones m & aacute;s amplias para programas de intervenci & oacute;n a nivel meso, sugiriendo que estos programas requieren esfuerzos concertados para construir ecosistemas robustos en lugar de operar aisladamente para lograr sus objetivos previstos. A efic & aacute;cia de aceleradores na promo & ccedil;& atilde;o do desenvolvimento de novos empreendimentos tem sido tradicionalmente atribu & iacute;da a varia & ccedil;& otilde;es nas opera & ccedil;& otilde;es internas e design, com aten & ccedil;& atilde;o limitada & agrave; sua intera & ccedil;& atilde;o com ambientes externos. Este estudo amplia o entendimento sobre aceleradores, situando-os em ecossistemas empreendedores e introduzindo um modelo multin & iacute;vel para explorar como as institui & ccedil;& otilde;es de n & iacute;vel macro e programas de acelera & ccedil;& atilde;o de n & iacute;vel meso interagem para influenciar o crescimento do empreendedorismo. Ao ligar teorias organizacionais sobre aceleradores com a economia institucional, esta pesquisa justap & otilde;e e testa duas perspectivas: v & aacute;cuos institucionais e suporte institucional. Aceleradores, por um lado, abordam v & aacute;cuos institucionais atuando como intermedi & aacute;rios em mercados de fatores empresariais por meio de conhecimento e curadoria de recursos, intermedia & ccedil;& atilde;o de rede e sinaliza & ccedil;& atilde;o. Por outro lado, a efic & aacute;cia desses pap & eacute;is de intermedia & ccedil;& atilde;o & eacute; limitada pela qualidade das institui & ccedil;& otilde;es pr & oacute;ximas. Ao contr & aacute;rio da predominante cren & ccedil;a de que aceleradores agregam maior valor em ambientes institucionais subdesenvolvidos com mercados de fatores empresariais ineficientes, os resultados revelam que empreendimentos em tais contextos obt & ecirc;m menos benef & iacute;cios de crescimento de aceleradores. Este estudo contribui para o crescente corpo de pesquisa comparativa e internacional de aceleradores e oferece maiores implica & ccedil;& otilde;es para programas de interven & ccedil;& atilde;o de n & iacute;vel meso, sugerindo que tais programas exigem esfor & ccedil;os conjuntos para construir ecossistemas robustos, em vez de operar isoladamente para atingir seus objetivos pretendidos. 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