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*The University of San Francisco Center for Business Studies and Innovation
in Asia-Pacific presents a research seminar:*

Keep Your Friends Close and Your Enemies Closer: The Impact of Accelerator
Cohort Composition on Startup Outcomes


*Wednesday, Feb. 8, 202311:45 AM (PST)*
*Register here to receive a Zoom link:*
https://usfca.zoom.us/meeting/register/tZMpduGhpzkvE9dCww5_S2xUQQjQwoHDFdfL

*Presenter:* Dr. Jung Yun Han (Associate Professor at National Taiwan
University)

*Abstract: *How does cohort composition affect the outcomes of accelerator
participants? Literature on inter-firm and peer learning in
entrepreneurship provides mixed predictions: seeking diverse knowledge and
being different vs. pursuing fast learning via similar peers. To reconcile
the arguments, we investigate the key contingencies, types of knowledge
transferred (market knowledge vs. technology), and the unique nature of
competition in each knowledge type. Using the data of Silicon Valley
accelerators and their participants during 2005-2018, we find an
inverted-U-shaped relationship between market knowledge similarity in a
cohort and post-accelerator performance and a positive relationship between
technology similarity and performance. Our study reveals a peer learning
mechanism in accelerators and provides a nuanced understanding of the
effect of knowledge diversity on startup performance.


-- 

June Y. Lee, Ph.D.
Assistant Professor
Department of Entrepreneurship, Innovation, Strategy, and International
Business (EISIB)
School of Management
University of San Francisco
2130 Fulton St. San Francisco, CA 94117
[log in to unmask]
*https://www.linkedin.com/in/juneylee
<https://www.linkedin.com/in/juneylee>*

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