Affiliation:
1. Lee Business School, University of Las Vegas Nevada, USA
2. Farmer School of Business, Miami University, USA
Abstract
Intermediaries such as accelerators support entrepreneurial activity in developing countries by connecting entrepreneurs to critical resources and by reshaping the entrepreneurial ventures so they can better participate in larger markets. Existing research has examined the activities intermediaries undertake and how these activities influence intermediary effectiveness. However, we know much less about which entrepreneurial ventures benefit from intermediation. Using 24 months of pre- and post-intervention sales data for 139 ventures working with a business accelerator in Central America, we find that facilitating resource acquisition is less important than the constraints to change within the entrepreneurial ventures themselves. Thus, our study suggests that although facilitating resource acquisition through venture acceleration is important, it may be insufficient for increasing venture growth. Rather, the malleability of the venture may play a more important role in intermediation effectiveness.
Publisher
World Scientific Pub Co Pte Lt
Subject
Strategy and Management,Economics and Econometrics,Business and International Management
Cited by
4 articles.
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