Drivers of Corporate Learning through an Involvement in Business Accelerators

Insights from an Explorative Study in the Aerospace Sector

verfasst von: Jan Benedikt Elsner

Verlag: Springer Fachmedien Wiesbaden

Buchreihe : BestMasters

Enthalten in: Springer Professional "Wirtschaft+Technik" , Springer Professional "Wirtschaft"

Einloggen, um Zugang zu erhalten

Über dieses Buch

Jan B. Elsner deduces critical factors that impact corporate involvement in business accelerators as a strategy to adapt internal innovation processes. Based on insights from the aerospace industry he develops a new model for corporate learning that enables accelerator programs to better promote the development of innovations at corporate level. Driven by the need to rejuvenate corporate culture, there is an increasing interest of established corporations in collaboration models with startups. This book extends previous research on business accelerators and corporate entrepreneurship and offers valuable results for the strategic assessment of accelerators to keep up with future business challenges.

Inhaltsverzeichnis

Frontmatter

Chapter 1. Introduction

Abstract

Over the last years, accelerators programs have become a popular type of business support services. Having its origin in business incubation models, accelerators offer cohorts of startups the opportunity to participate in a mentoring-driven program, which culminates in a public presentation of business ideas (Cohen & Hochberg, 2014). While early programs mainly focused on the exchange of equity stakes for acceleration services, there is an increasing number of business accelerators, following other approaches.

Jan Benedikt Elsner

Chapter 2. Conceptual Background

Abstract

Previous literature on business accelerators can be related to four different fields: (1) Explaining the emergence of business accelerators (Miller & Bound, 2011; Bruneel et al. 2012); (2) Defining the key characteristics of business accelerators and comparing them with other startup support models (Cohen, 2013; Cohen & Hochberg, 2014); (3) analyzing the impact of business accelerators on participating ventures and the external business environment (Hallen, Birmingham & Cohen, 2014; Smith and Hannigan 2015; Fehder & Hochberg, 2018; Gonzales-Uribe & Leatherbee, 2016); (4) Developing sub-categories and typologies of business accelerators (Dempwolf, Auer & D`Ippolito, 2014; Clarysse & Yusubova, 2014; Clarysse, Wright & Van Hove, 2015; Pauwels et al, 2016). The following chapter provides a structured overview on these concepts in order to reflect the current state of research on business accelerators.

Jan Benedikt Elsner

Chapter 3. Methodology

Abstract

It is the aim of this thesis to explore learning processes from corporates through their involvement in accelerator programs. In order to meet the characteristics of organizational learning as a multi-dimensional and dynamic process, this thesis is based on qualitative research methods. This is due to the strength of qualitative research methods in analyzing different components within a certain environment and their implications for one another (Patton, 2002; Maxwell, 2013; Neergaard & Ulhoi, 2007).

Jan Benedikt Elsner

Chapter 4. Research Setting

Abstract

Aerospace is an industry branch, connected to aviation and space flight. By connecting people and fostering business exchange opportunities it is seen as a key driver of globalization (Aviation Industry Leaders Report, 2018). The biggest market shares in the aviation sector are held by Boing with an annual revenue of $93 billion (Boing, 2018a) and Airbus with a $77 billion annual revenue in 2017 (Airbus, 2018a).

Jan Benedikt Elsner

Chapter 5. Findings

Abstract

As Illustrated in Figure 5, a new model for corporate learning from business accelerators was formed, based on the insights from data analysis. (1) The startup input; (2) the exchange within the accelerator program; (3) The transfer of insights to the corporation; and (4) the internal corporate processing. Furthermore, each step is influenced by multiple factors.

Jan Benedikt Elsner

Chapter 6. Conclusion & Discussion

Abstract

This thesis extends previous research on business accelerators by providing further insights in the process of corporate learning from an involvement in business accelerators. Previous research on business accelerators mainly focused on four issues: (1) Outlining the emergence of business accelerators; (2) Defining the characteristics of accelerators; (3) Measuring the impact of accelerators on participating startups and ecosystems; (4) Developing typologies and sub-categories of business accelerators. Even though, organizational learning was already identified as a central element of other corporate venturing modes, such as acquisitions, joint and corporate venture capital (Schildt, Maula & Keil, 2003), this issue remained comparatively unexplored in the context of business accelerators.

Jan Benedikt Elsner

Backmatter

Titel: Drivers of Corporate Learning through an Involvement in Business Accelerators
verfasst von: Jan Benedikt Elsner
Verlag: Springer Fachmedien Wiesbaden
Electronic ISBN: 978-3-658-28357-5
Print ISBN: 978-3-658-28356-8
DOI: https://doi.org/10.1007/978-3-658-28357-5