Open AccessOptimizing University Acceleration Programs. The Case of NKUA’s Multistage Model
Author(s) -
Antonios D. Livieratos,
Vasilis Siemos
Publication year - 2021
Publication title -
international journal of business and economic siences applied research
Language(s) - English
Resource type - Journals
eISSN - 2408-0101
pISSN - 2408-0098
DOI - 10.25103/ijbesar.142.06
Subject(s) - standardization , acceleration , key (lock) , personalization , computer science , business as usual , process management , engineering management , business , engineering , management , computer security , operating system , economics , world wide web , physics , classical mechanics
Purpose: Business accelerators have rapidly emerged as prominent players in the entrepreneurial ecosystem. A key strategic decision in designing acceleration programs is whether to customize or standardize the new venture development program (Cohen et al., 2019). Recognizing a trade-off between customization and standardization, the paper presents a multistage acceleration model aiming to harvest benefits of standardization while keeping several advantages found in tailor-made acceleration programs.