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Identifying and boosting “Gazelles”: Evidence from business accelerators
شناسایی و تقویت "Gazelles": شواهدی از شتاب دهنده های تجارت-2020 Why is high-growth entrepreneurship scarce in developing countries? Does this scarcity
reflect firm capabilities constraints? We explore these questions using as a laboratory
an accelerator in Colombia that selects participants using scores from randomly assigned
judges and offers them training, advice, and visibility but no cash. Exploiting exogenous
differences in judges’ scoring generosity, we show that alleviating constraints to firm capabilities unlocks innovative entrepreneurs’ potential but does not transform subpar ideas
into high-growth firms. The results demonstrate that some high-potential entrepreneurs in
developing economies face firm capabilities constraints and accelerators can help identify
these entrepreneurs and boost their growth Keywords: High-growth entrepreneurship | Business accelerators | Young firms | Firm capabilities |
مقاله انگلیسی |