Engineering Commons^™

University Startup Accelerators: Startup Launchpads Or Vehicles For Entrepreneurial Learning?, Lynn E. Metcalf, Thomas M. Katona, Jonathan L. York

Industrial Technology and Packaging

Over the past decade, universities have invested heavily in startup accelerator programs; however, their role in the university entrepreneurial ecosystem is ambiguous. Are university startup accelerators intended to educate or are they created to facilitate business starts and to contribute to regional economic development? In contrast, most private-sector startup accelerators serve a consistent and differentiated role in the entrepreneurial ecosystem—they provide programming and resources to startups to increase the probability of a return on investment. Understanding the role of university startup accelerators is an important precursor to evaluating their impact and whether or not the return is worth the considerable …