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In the quest for innovation, many established firms are launching corporate-startup collaboration programs in form of corporate accelerators. Yet, their characteristics and impact on both the corporate mother, and the accelerated start-ups, is unclear. This study aims to enrich the existing literature by conducting an empirical analysis of corporate accelerator’s start-up performance. Based on a sample of 11,545 start-ups, a significant linkage between corporate acceleration and start-up performance has been demonstrated. This paper further examines potential determinants of corporate accelerator performance. Results indicate that corporate accelerators led by the corporate it self seem to have a positive impact on the performance of start-ups, compared to engaging a provider to run the accelerator for them.
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Entrepreneurship Venture capital Accelerators Corporate venturing Corporate accelerator
