From garages to ecosystems: the coevolution of life science incubators and accelerators
- PMID: 38114392
- DOI: 10.1016/j.tibtech.2023.11.007
From garages to ecosystems: the coevolution of life science incubators and accelerators
Abstract
Incubators and accelerators catalyze the launch of life science startups and have evolved from simple facilities to vibrant ecosystems offering research infrastructure, programs, and funding. Analysis of financing activities indicates the outperformance of incubator companies relative to accelerators in fundraising, mergers and acquisitions (M&As), and initial public offerings (IPOs), attributed to extended interactions with investors and peers.
Keywords: accelerators; funding; incubators; startups; venture capital.
Copyright © 2023 Elsevier Ltd. All rights reserved.
Conflict of interest statement
Declaration of interests W.M., R.S., and R.C. are co-founders of BEVC Management, LLC, a venture capital investment firm focused on early-stage companies. D.V.S. is executive director of QB3, an inventor on numerous patents related to gene delivery and stem cell technologies, and co-founder of 4D Molecular Therapeutics and Axent Biosciences.
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