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Leveraging Corporate-Startup Engagements: A Multiple Case Study Exploring Corporate Accelerators’ Post- Acceleration Activities

Dan, Cleo LU ; Hackenberg, Tom LU and Wudarczyk, Dominik LU (2020) ENTN39 20201
Department of Business Administration
Abstract
This study focused on examining what post-acceleration startup management practices (‘activities’) corporate accelerators conduct and how these activities contribute to strategic value creation for the parent company. It was found that the post-acceleration phase is separated into three levels of post-acceleration activities and their strategic value contributions. Firstly, the resource level aims to deliver strategic value through knowledge and customer development to the parent company by providing resource-based post- acceleration support for the startups. Secondly, on the relationship-level, corporate accelerators build a close, informal and supportive partnership with the startups in order to promote innovation, new technology, and... (More)
This study focused on examining what post-acceleration startup management practices (‘activities’) corporate accelerators conduct and how these activities contribute to strategic value creation for the parent company. It was found that the post-acceleration phase is separated into three levels of post-acceleration activities and their strategic value contributions. Firstly, the resource level aims to deliver strategic value through knowledge and customer development to the parent company by providing resource-based post- acceleration support for the startups. Secondly, on the relationship-level, corporate accelerators build a close, informal and supportive partnership with the startups in order to promote innovation, new technology, and innovative talent. Thirdly, on the strategic-level, collaborations with the parent company and strategic investments through a corporate venture capital unit are facilitated in order to foster newstream and incremental innovation ability. Furthermore, within the strategic-level, it was found that corporate accelerators nurture a close relationship with corporate venture capital units to increase strategic value creation for the parent company. (Less)
Please use this url to cite or link to this publication:
author
Dan, Cleo LU ; Hackenberg, Tom LU and Wudarczyk, Dominik LU
supervisor
organization
course
ENTN39 20201
year
type
H1 - Master's Degree (One Year)
subject
keywords
Corporate accelerators, corporate venture capital, corporate venturing, open innovation, corporate-startup engagement
language
English
id
9014484
date added to LUP
2020-06-25 16:03:54
date last changed
2020-06-25 16:03:54
@misc{9014484,
  abstract     = {{This study focused on examining what post-acceleration startup management practices (‘activities’) corporate accelerators conduct and how these activities contribute to strategic value creation for the parent company. It was found that the post-acceleration phase is separated into three levels of post-acceleration activities and their strategic value contributions. Firstly, the resource level aims to deliver strategic value through knowledge and customer development to the parent company by providing resource-based post- acceleration support for the startups. Secondly, on the relationship-level, corporate accelerators build a close, informal and supportive partnership with the startups in order to promote innovation, new technology, and innovative talent. Thirdly, on the strategic-level, collaborations with the parent company and strategic investments through a corporate venture capital unit are facilitated in order to foster newstream and incremental innovation ability. Furthermore, within the strategic-level, it was found that corporate accelerators nurture a close relationship with corporate venture capital units to increase strategic value creation for the parent company.}},
  author       = {{Dan, Cleo and Hackenberg, Tom and Wudarczyk, Dominik}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Leveraging Corporate-Startup Engagements: A Multiple Case Study Exploring Corporate Accelerators’ Post- Acceleration Activities}},
  year         = {{2020}},
}