Accelerators
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Accelerators

Successful Venture Creation and Growth

Edited by Mike Wright and Israel Drori

Accelerators are a rapidly growing new form of organization that aim to stimulate entrepreneurship through intensive, limited-period educational programs, including mentoring and networking for the cohort of start-up participants selected for each program, to improve their ability to attract investment at the end of the program. Drawing on novel evidence from across the world, this is the first book to provide rigorous analysis of the nature and effectiveness of accelerators that will be invaluable for researchers, policymakers and entrepreneurs.
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Chapter 8: Use of the “ecosystem model” by accelerators at country and regional levels

Jonas Van Hove, Iris Vanaelst and Mike Wright

Abstract

In this chapter, Jonas Van Hove, Iris Vanaelst and Mike Wright explore the differences across countries and regions in accelerator support programs in order to improve understanding of the continuously evolving accelerator landscape and concomitant activities by complementary actors within an ecosystem community. They emphasize the role of institutional intermediaries in shaping the ecosystem through the preservation of the aligned interests between policymakers and practitioners. Reviewing the evolution of the landscape of policy support for accelerators across national and regional levels, with particular emphasis on the UK context, they outline the challenges accelerators face and which policymakers need to take into account. They conclude with policy implications and recommendations focusing on how the ecosystem community can meet such challenges in order to spur ecosystem development and fuel the next generation of start-ups.

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