Successful Venture Creation and Growth
Edited by Mike Wright and Israel Drori
In this chapter, Laurens Vandeweghe and Trent Fu provide a micro-lens on business accelerators’ governance practices by examining how accelerators manage their external networks and internal organizations to achieve their organizational goals. As such, they look both at how accelerators coordinate autonomous stakeholders such as sponsors, partners, investors and portfolio companies within a network form of governance and at how accelerators are monitored and controlled internally to preside over the day-to-day activities by organizational governance mechanisms. They classify accelerators based on their sponsorship (i.e. corporate, private, public), indicating that such sponsorship differences influence the ways in which accelerators are governed both from an external-network perspective and from an internal organizational perspective, and illustrate this by applying this dual perspective to the cases of AppCampus, Techstars and Start-Up Chile.
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