Business incubators and start-up accelerators: Valuable assets or a waste of time and money?

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Enterprise Society

For those willing to take the risk on sharing equity in their firms on the possibility that they will make it big, the start-up accelerator may provide a useful option. This is the entrepreneurial spirit at work and if it lies within the free market any gains or losses are a private matter. However, for governments, universities or other publicly funded institutions the accelerator model may be less desirable than the more conventional not-for-profit incubator. This could be particularly true if the technology underlying the innovation is complex and requires time to develop.