Are accelerators akin to breweries or wineries? A Bayesian variance decomposition of accelerator and cohort effects.¶
Yu, S., & Kirchhoff, K. (2024). Are accelerators akin to breweries or wineries? A Bayesian variance decomposition of accelerator and cohort effects. Journal of Business Venturing.
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Primes¶
- Recruitment Variability
- Demography — baby booms and busts driven by war, depression, contraception, or immigration policy produce cohorts whose size shapes housing, social spending, and politics across a lifespan. Higher education — incoming class size and quality vary on national pipelines and demographic bulges more than on installed capacity, with one strong cohort lifting a department's reputation. Startup ecosystems — accelerator batches show large outcome variance driven by capital, labor, and platform conditions at founding rather than by the program itself.
This sourceDecomposes startup-accelerator outcome variance and finds cohort (batch) membership explains a substantial share of variance beyond the program itself, supporting batch-to-batch variance driven by conditions at founding.
- Demography — baby booms and busts driven by war, depression, contraception, or immigration policy produce cohorts whose size shapes housing, social spending, and politics across a lifespan. Higher education — incoming class size and quality vary on national pipelines and demographic bulges more than on installed capacity, with one strong cohort lifting a department's reputation. Startup ecosystems — accelerator batches show large outcome variance driven by capital, labor, and platform conditions at founding rather than by the program itself.
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