STR
TIM
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Stephen Impink
HEC Paris, France
Nataliya Wright
Columbia Business School, United States
Amisha Miller
NYU Stern, United States
Daniel Fehder
U. of Southern California - Marshall School of Business, United States
Sandy Yu
U. of Minnesota, United States
Abhishek Nagaraj
UC Berkeley & NBER, United States
David Hsu
The Wharton School, U. of Pennsylvania, United States
Accelerators have emerged as important stimulants of high-tech entrepreneurial growth. And they do so through helping startups signal their quality (Howell, 2017; Yu, 2019), providing business education (Fehder and Hochberg, 2014; Gonzalez-Uribe and Leatherbee, 2018; Hallen et al., 2020), as well as by selecting higher quality startups (Wright, Koning, and Khanna, 2023; Yin and Luo, 2018). But these effects might not accrue equally to all startups, shaping whether accelerators help bridge or exacerbate disparities in entrepreneurial growth (Wright, 2023) and the extent to which they influence the direction of their technologies (Impink, 2023). We propose to bring together three papers presented by Dan Fehder, Amisha Miller, Michael Impink, and Nataliya Wright, discussed by David Hsu, Abhishek Nagaraj, and Sandy Yu, to understand the heterogeneous selection and treatment effects of accelerators. The panel reveals how accelerators select and benefit startups more that are already in more resourced positions, whether it be in terms of being located in US hubs, possessing dominant technological stacks, having a viable business idea, and having founders with represented ethnic and gender backgrounds. In doing so, these accelerators appear to complement the existing resources of startups rather than compensate for their resource constraints.
Author: Stephen Michael Impink – HEC Paris
Author: Nataliya Wright – Columbia Business School
Author: Robert Channing Seamans – NYU Stern
Author: Esther Bailey – U. of Houston, Bauer College of Business
Author: Daniel Fehder – U. of Southern California - Marshall School of Business
Author: Eric Floyd – UCSD
Author: Yael Hochberg – Rice U.
Author: Daniel Lee – U. of Delaware
Author: Amisha Miller – NYU Stern