The Effects of Business Accelerators on Venture Performance: Evidence from Start-Up Chile
研究了商业加速器是否影响新创企业绩效，发现基础服务（资金和办公空间）加上创业培训能显著提升绩效，而仅基础服务无效。
Do business accelerators affect new venture performance? We investigate this question in the context of Start-Up Chile, an ecosystem accelerator. We focus on two treatment conditions typically found in business accelerators: basic services of funding and coworking space, and additional entrepreneurship schooling. Using a regression discontinuity design, we show that schooling bundled with basic services can significantly increase new venture performance. In contrast, we find no evidence that basic services affect performance on their own. Our results are most relevant for ecosystem accelerators that attract young and early-stage businesses and suggest that entrepreneurial capital matters in new ventures. Received September 1, 2015; editorial decision July 30, 2017 by Editor Francesca Cornelli.