The Startup Selection Process in Accelerators: Qualitative Evidence from Turkey

Beyhan, B; Cetindamar Kozanoglu, D; Akcomak, S

The Startup Selection Process in Accelerators: Qualitative Evidence from Turkey

Beyhan, B Cetindamar Kozanoglu, D

Akcomak, S

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Publisher:: Entrepreneurship Research Journal
Publication Type:: Journal Article
Citation:: Entrepreneurship Research Journal, 2022, pp. 1-31
Issue Date:: 2022-01-01

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Field	Value	Language
dc.contributor.author	Beyhan, B
dc.contributor.author	Cetindamar Kozanoglu, D https://orcid.org/0000-0002-0457-3258
dc.contributor.author	Akcomak, S
dc.date.accessioned	2021-09-24T10:25:18Z
dc.date.available	2021-09-24T10:25:18Z
dc.date.issued	2022-01-01
dc.identifier.citation	Entrepreneurship Research Journal, 2022, pp. 1-31
dc.identifier.issn	2157-5665
dc.identifier.uri	http://hdl.handle.net/10453/150686
dc.description.abstract	Startup selection is an essential mechanism of how accelerators create value. Through in-depth case studies of ten accelerators in Turkey, our research explores the selection process in accelerators. Our findings indicate that accelerators overcome their context’s extreme uncertainty by involving various actors in the selection process and reducing the information asymmetries for investors and startups. Accelerators tend to select effortlessly coachable startups, willing to collaborate with accelerators, mentors, or other actors, and passionate enough to overcome the pressure of creating a business at a fast pace. Our research also exhibits that the selection process serves startups by directing and training them to transmit the right signals to receivers, primarily investors. Accelerators prefer to work with entrepreneurial teams that are coachable, passionate, and collaborative to vibrate the right signals. Similarly, the accelerators’ selection process helps investors by decreasing signaling noise and mitigate information asymmetry. By doing so, accelerators contribute to a well-functioning and more effective entrepreneurship ecosystem.
dc.language	en
dc.publisher	Entrepreneurship Research Journal
dc.relation.ispartof	Entrepreneurship Research Journal
dc.rights	info:eu-repo/semantics/openAccess
dc.subject	1503 Business and Management
dc.title	The Startup Selection Process in Accelerators: Qualitative Evidence from Turkey
dc.type	Journal Article
utslib.for	1503 Business and Management
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology
pubs.organisational-group	/University of Technology Sydney/Faculty of Engineering and Information Technology/School of Information, Systems and Modelling
utslib.copyright.status	open_access	*
pubs.consider-herdc	false
dc.date.updated	2021-09-24T10:25:18Z
pubs.publication-status	Accepted

Abstract:

Startup selection is an essential mechanism of how accelerators create value. Through in-depth case studies of ten accelerators in Turkey, our research explores the selection process in accelerators. Our findings indicate that accelerators overcome their context’s extreme uncertainty by involving various actors in the selection process and reducing the information asymmetries for investors and startups. Accelerators tend to select effortlessly coachable startups, willing to collaborate with accelerators, mentors, or other actors, and passionate enough to overcome the pressure of creating a business at a fast pace. Our research also exhibits that the selection process serves startups by directing and training them to transmit the right signals to receivers, primarily investors. Accelerators prefer to work with entrepreneurial teams that are coachable, passionate, and collaborative to vibrate the right signals. Similarly, the accelerators’ selection process helps investors by decreasing signaling noise and mitigate information asymmetry. By doing so, accelerators contribute to a well-functioning and more effective entrepreneurship ecosystem.

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http://hdl.handle.net/10453/150686