Business owners’ features and access to entrepreneurial resources: new insights for accelerator acceptance
Review of International Business and Strategy
ISSN: 2059-6014
Article publication date: 11 September 2021
Issue publication date: 13 April 2022
Abstract
Purpose
For new ventures, access to entrepreneurship assistantship is the main source of growth and innovativeness. Accelerators, a growing provider of entrepreneurial resources, offer such assistantship. This study aims to identify several factors that might account for a startup’s acceptance of accelerator programs. Particularly, this paper examines the impact of a lead founder’s country of birth, gender and education on accelerator acceptance.
Design/methodology/approach
This study tests the framework with logit regression for a sample of 10,298 observations for startups in 166 countries over 2016–2018.
Findings
This study finds that entrepreneurs from developing countries are less likely to be accepted by accelerators than entrepreneurs from developed economies. Counterintuitively, this study also finds an advantage for female entrepreneurs in accelerator acceptance. Further, the results suggest a positive impact on education. Building on signaling theory, this paper argues and shows that accelerators do not evaluate applicants uniformly.
Practical implications
Our comparative study enhances business owners’ insight for application to entrepreneurial resources and has meaningful implications for women’s entrepreneurship. For policy-making purposes, this study offers more insight on economic development for entrepreneurs’ access to global resources.
Originality/value
Despite the extant literature demonstrating the benefits of accelerators, determinants of acceptance to these programs, particularly at the individual level, are underexplored. This is the first study that shows the rarely acknowledged link between a lead founder’s country of birth, gender and education level on accelerator acceptance. Here, this study extends entrepreneurship literature and shows some sources of variation in access to international accelerator programs.
Keywords
Acknowledgements
All authors have contributed equally to this work.
Citation
Ermilina, V., Farrell, M., Askarzadeh, F. and Zhang, J. (2022), "Business owners’ features and access to entrepreneurial resources: new insights for accelerator acceptance", Review of International Business and Strategy, Vol. 32 No. 2, pp. 246-266. https://doi.org/10.1108/RIBS-12-2020-0163
Publisher
:Emerald Publishing Limited
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