The document provides an overview of startup accelerators and discusses the current state of research on the acceleration phenomenon. It begins by defining accelerators as private, for-profit organizations that make seed-stage investments in exchange for equity from startups participating in a fixed-term, cohort-based program that includes mentoring and education and culminates in a public pitch event. It then reviews existing research and definitions of accelerators, noting challenges around data availability and a lack of consensus. Finally, it outlines potential future lines of research to advance the understanding of accelerators and their role in entrepreneurial ecosystems.

Birdsall M., Jones C., Lee C., Somerset C., Takaki S. (2013) Business Accelerators - The Evolution of A Rapidly Growing Industry PDF

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