Corporate accelerators : a study on prevalence, sponsorship, and strategy

Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, Engineering Systems Division, 2015.

Bibliographic Details
Main Author: Heinemann, Florian, S.M. Massachusetts Institute of Technology
Other Authors: Scott Stern.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2016
Subjects:
Online Access:http://hdl.handle.net/1721.1/105309
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author Heinemann, Florian, S.M. Massachusetts Institute of Technology
author2 Scott Stern.
author_facet Scott Stern.
Heinemann, Florian, S.M. Massachusetts Institute of Technology
author_sort Heinemann, Florian, S.M. Massachusetts Institute of Technology
collection MIT
description Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, Engineering Systems Division, 2015.
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spelling mit-1721.1/1053092019-04-09T19:04:29Z Corporate accelerators : a study on prevalence, sponsorship, and strategy Heinemann, Florian, S.M. Massachusetts Institute of Technology Scott Stern. System Design and Management Program. Massachusetts Institute of Technology. Engineering Systems Division. System Design and Management Program. Engineering Systems Division. System Design and Management Program. Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, Engineering Systems Division, 2015. Cataloged from PDF version of thesis. Includes bibliographical references (pages 93-96). In recent years, corporate accelerators have emerged as a new method to foster collaboration between startups and established companies. This thesis presents, to my knowledge, the first comprehensive database of corporate accelerator programs across the globe. On the basis of this resource, I propose a definition for corporate accelerators and show that they follow the same basic principles as non-corporate accelerators. Further, I provide evidence that corporate accelerators have been growing considerably over the past few years and have reached a level of presence close to that of corporate venture capital funds. While growth has been slowing down recently, I argue that corporate accelerators are well-suited to becoming a permanent element in the startup ecosystem and that they are likely to capture market share from non-corporate accelerators. On the basis of a population of 847 largely capitalized corporations I show that corporate accelerators are more frequently sponsored by large, information-related firms that are also investing corporate venture capital. This study provides first indications that corporate accelerators are not likely to deliver direct operating profits to the sponsoring firms. However, I provide examples of significant strategic explorations, including companies that select portfolio firms to help them innovate along their supply chain and distribution channels or to provide them with strategic gains in the marketplace. by Florian Heinemann. S.M. in Engineering and Management 2016-11-14T19:06:08Z 2016-11-14T19:06:08Z 2015 2015 Thesis http://hdl.handle.net/1721.1/105309 962329020 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 96 pages application/pdf Massachusetts Institute of Technology
spellingShingle Engineering Systems Division.
System Design and Management Program.
Heinemann, Florian, S.M. Massachusetts Institute of Technology
Corporate accelerators : a study on prevalence, sponsorship, and strategy
title Corporate accelerators : a study on prevalence, sponsorship, and strategy
title_full Corporate accelerators : a study on prevalence, sponsorship, and strategy
title_fullStr Corporate accelerators : a study on prevalence, sponsorship, and strategy
title_full_unstemmed Corporate accelerators : a study on prevalence, sponsorship, and strategy
title_short Corporate accelerators : a study on prevalence, sponsorship, and strategy
title_sort corporate accelerators a study on prevalence sponsorship and strategy
topic Engineering Systems Division.
System Design and Management Program.
url http://hdl.handle.net/1721.1/105309
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