The Role of the Strategic Corporate Accelerator: Overcoming Obstacles of Corporate Startup Engagement

Jacob Hornberger, Yannik Mack, Abayomi Baiyere

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Abstract

Despite the recent emergence of Corporate Accelerators (CA), scholars and managers have questioned their effectiveness. This critique arises from the superficial and inadequate design recommendations that have left many CAs faltering. We explore how strategic CAs in the context of digital transformation can be designed to become effective open innovation units by offering a new conceptualization of the role of the strategic CA. Our multi-case study of four European CAs with a focus on IT startups reveals three underlying obstacles: (1) missing engagement of corporate employees, (2) difficulty of sourcing the right startups, and (3) differences between large firms and startups. Based on these, we propose a framework that captures the role of the strategic CA in correspondence with the identified obstacles. By emphasizing the CA’s role, we propose three essential tasks (motivating, matchmaking, and mediating) that are pertinent in the relationships between stakeholders in a CA ecosystem
OriginalsprogEngelsk
TitelProceedings of the 55th Hawaii International Conference on System Sciences
RedaktørerTung X. Bui
Antal sider11
UdgivelsesstedHonolulu
ForlagHawaii International Conference on System Sciences (HICSS)
Publikationsdato2022
Sider5382-5392
ISBN (Trykt)9780998133157
StatusUdgivet - 2022
BegivenhedThe 55th Hawaii International Conference on System Sciences : HICSS 2022 - Wailea, USA
Varighed: 3 jan. 20226 jan. 2022
Konferencens nummer: 55
https://hicss.hawaii.edu/

Konference

KonferenceThe 55th Hawaii International Conference on System Sciences
Nummer55
Land/OmrådeUSA
ByWailea
Periode03/01/202206/01/2022
Internetadresse
NavnProceedings of the Annual Hawaii International Conference on System Sciences
ISSN1060-3425

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