Gonzalez-Uribe, Juanita ORCID: 0000-0002-1945-7372 and Leatherbee, Michael (2018) The effects of business accelerators on venture performance: evidence from start-up Chile. Review of Financial Studies, 31 (4). 1566 - 1603. ISSN 0893-9454
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Abstract
Do business accelerators affect new venture performance? We investigate this question in the context of Start-Up Chile, an ecosystem accelerator. We focus on two treatment conditions typically found in business accelerators: basic services of funding and coworking space, and additional entrepreneurship schooling. Using a regression discontinuity design, we show that schooling bundled with basic services can significantly increase new venture performance. In contrast, we find no evidence that basic services affect performance on their own. Our results are most relevant for ecosystem accelerators that attract young and early-stage businesses and suggest that entrepreneurial capital matters in new ventures.
Item Type: | Article |
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Official URL: | https://academic.oup.com/rfs |
Additional Information: | © 2017 The Authors |
Divisions: | Finance |
Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor |
Date Deposited: | 10 Oct 2017 14:46 |
Last Modified: | 12 Oct 2024 17:48 |
URI: | http://eprints.lse.ac.uk/id/eprint/84553 |
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