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The Accelerated Startup

Alm, Alexander LU ; Moell, Carl LU and Olzon Dykert, Jonatan LU (2016) FEKN90 20161
Department of Business Administration
Abstract
Keywords: Accelerators, Startups, Incubators, Seed Funds, Science Parks, Tangible
Resources, Intangible Resources, Clusters, Funding, Crunchbase, Bay Area
Purpose: The purpose of this study is to investigate what tangible impact accelerators
have on startups funding and long-term
prospects.
Method: This study has used a deductive approach and a quantitative method. The
hypotheses that were derived from previous research have been tested with a Welch’s
ttest
and a chisquare
test.
Theoretical perspectives: The theoretical framework is based on theories and
previous research regarding the accelerator phenomenon, entrepreneurial support
agents, intangible resources, clusters and connected subfields.
Empirical foundations: The... (More)
Keywords: Accelerators, Startups, Incubators, Seed Funds, Science Parks, Tangible
Resources, Intangible Resources, Clusters, Funding, Crunchbase, Bay Area
Purpose: The purpose of this study is to investigate what tangible impact accelerators
have on startups funding and long-term
prospects.
Method: This study has used a deductive approach and a quantitative method. The
hypotheses that were derived from previous research have been tested with a Welch’s
ttest
and a chisquare
test.
Theoretical perspectives: The theoretical framework is based on theories and
previous research regarding the accelerator phenomenon, entrepreneurial support
agents, intangible resources, clusters and connected subfields.
Empirical foundations: The empirical material used in this study consists of a sample
from a startup database, filtered against a number of criteria.
Conclusions: We conclude that while there is no disparity in the amount of funding
between accelerated and nonaccelerated
firms, there is indeed a significant difference
between the groups in terms of positive outcomes. Remarkably, there is no significant
difference between the most prominent accelerator, Y Combinator, and the average
among other accelerators in terms of generating an abnormal amount of positive
outcomes. Another finding is that joining an accelerator significantly decreases the
risk of a startup closing so long as the business is located outside the Bay Area. (Less)
Please use this url to cite or link to this publication:
author
Alm, Alexander LU ; Moell, Carl LU and Olzon Dykert, Jonatan LU
supervisor
organization
course
FEKN90 20161
year
type
H1 - Master's Degree (One Year)
subject
language
English
id
8921619
date added to LUP
2017-08-17 13:18:09
date last changed
2017-08-17 13:18:09
@misc{8921619,
  abstract     = {Keywords: Accelerators, Startups, Incubators, Seed Funds, Science Parks, Tangible
Resources, Intangible Resources, Clusters, Funding, Crunchbase, Bay Area
Purpose: The purpose of this study is to investigate what tangible impact accelerators
have on startups funding and long-term
prospects.
Method: This study has used a deductive approach and a quantitative method. The
hypotheses that were derived from previous research have been tested with a Welch’s
ttest
and a chisquare
test.
Theoretical perspectives: The theoretical framework is based on theories and
previous research regarding the accelerator phenomenon, entrepreneurial support
agents, intangible resources, clusters and connected subfields.
Empirical foundations: The empirical material used in this study consists of a sample
from a startup database, filtered against a number of criteria.
Conclusions: We conclude that while there is no disparity in the amount of funding
between accelerated and nonaccelerated
firms, there is indeed a significant difference
between the groups in terms of positive outcomes. Remarkably, there is no significant
difference between the most prominent accelerator, Y Combinator, and the average
among other accelerators in terms of generating an abnormal amount of positive
outcomes. Another finding is that joining an accelerator significantly decreases the
risk of a startup closing so long as the business is located outside the Bay Area.},
  author       = {Alm, Alexander and Moell, Carl and Olzon Dykert, Jonatan},
  language     = {eng},
  note         = {Student Paper},
  title        = {The Accelerated Startup},
  year         = {2016},
}