This study investigates how venture development programs such as private incubators, university incubators, and accelerators influence the success of participating nanotechnology startups. With the recent growth in such programs, empirical work is needed to compare their impact on participants across programs and with nonparticipants. Using data on firm bankruptcies, liquidation, government grants, and venture capital, we find benefits, but the influence of each venture development program varies greatly. We further investigate the influence of program services and resources to clarify program heterogeneity beyond existing typologies. The results clarify the role of these programs and ecosystem intermediaries.

本研究调查了诸如私人孵化器、大学孵化器和加速器等风险发展项目如何影响参与的纳米技术初创公司的成功。随着此类项目最近的增长，需要进行实证工作来比较它们对跨项目参与者和非参与者的影响。使用有关公司破产、清算、政府补助和风险投资的数据，我们发现了好处，但每个风险发展计划的影响差异很大。我们进一步调查了计划服务和资源的影响，以澄清现有类型之外的计划异质性。结果阐明了这些程序和生态系统中介的作用。