Essays on the evaluation of entrepreneurship programs
Thesis: Ph. D., Massachusetts Institute of Technology, Sloan School of Management, 2016.
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| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2016
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| Online Access: | http://hdl.handle.net/1721.1/105082 |
| _version_ | 1811098426872430592 |
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| author | Fehder, Daniel Colin |
| author2 | Fiona Murray. |
| author_facet | Fiona Murray. Fehder, Daniel Colin |
| author_sort | Fehder, Daniel Colin |
| collection | MIT |
| description | Thesis: Ph. D., Massachusetts Institute of Technology, Sloan School of Management, 2016. |
| first_indexed | 2024-09-23T17:14:40Z |
| format | Thesis |
| id | mit-1721.1/105082 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T17:14:40Z |
| publishDate | 2016 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/1050822019-04-12T16:25:57Z Essays on the evaluation of entrepreneurship programs Fehder, Daniel Colin Fiona Murray. Sloan School of Management. Sloan School of Management. Sloan School of Management. Thesis: Ph. D., Massachusetts Institute of Technology, Sloan School of Management, 2016. Cataloged from PDF version of thesis. Includes bibliographical references. This dissertation consists of three essays studying the impact of a relatively recent type of entrepreneurship program (startup accelerators) on the performance of firms, regions, and the selection of early-stage projects in the economy. The first essay explores the impact of startup accelerators on early-stage entrepreneurial activity in their region by exploring the effects of accelerators on the availability and provision of seed and early stage venture capital funding in the local region. The second essay explores the relationship between a startup's founding region, accelerator admission and startup performance. Using data from a leading startup accelerator, I use a fuzzy regression discontinuity framework to evaluate both the overall impact of the program on its portfolio of startups and its heterogeneity based on a startup's founding region characteristics. Startups birthed in neighborhoods with higher levels of entrepreneurial resources derive a larger benefit from admission to MassChallenge, suggesting that founding regions shape a startup's performance and that accelerators change the way in which startup founders are able to access and leverage resources in their home region. The third essay explores the selection mechanisms inside an accelerator program, measuring how variation in the institutional arrangements used in the selection of ideas and ventures impacts how a fixed set of judges evaluate a fixed set of businesses opportunities. We find strong differences in how ideas are evaluated depending on the evaluation scheme. Taken together these essays demonstrate that startup programs impact the growth of new firms through the performance of individual portfolio firms, fostering stronger ecosystems, and shifting which firms are encouraged to grow through their selection procedures. by Daniel Colin Fehder. 1. Essays in on the Evaluation of Entrepreneurship Programs: Introduction and Overview -- 2. Accelerators and the Regional Supply of Venture Capital Investment -- 3. Startup Accelerators and Ecosystems: Complements or Substitutes? -- 4. Evaluation of Early-Stage Ventures: Bias across Different Evaluation Regimes. Ph. D. 2016-10-25T19:53:03Z 2016-10-25T19:53:03Z 2016 2016 Thesis http://hdl.handle.net/1721.1/105082 960802466 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 153 pages application/pdf Massachusetts Institute of Technology |
| spellingShingle | Sloan School of Management. Fehder, Daniel Colin Essays on the evaluation of entrepreneurship programs |
| title | Essays on the evaluation of entrepreneurship programs |
| title_full | Essays on the evaluation of entrepreneurship programs |
| title_fullStr | Essays on the evaluation of entrepreneurship programs |
| title_full_unstemmed | Essays on the evaluation of entrepreneurship programs |
| title_short | Essays on the evaluation of entrepreneurship programs |
| title_sort | essays on the evaluation of entrepreneurship programs |
| topic | Sloan School of Management. |
| url | http://hdl.handle.net/1721.1/105082 |
| work_keys_str_mv | AT fehderdanielcolin essaysontheevaluationofentrepreneurshipprograms |