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From garages to ecosystems: the coevolution of life science incubators and accelerators
Widya Mulyasasmita1, David V Schaffer2, Risa Stack1
1BEVC Management, LLC, Berkeley, CA, USA.
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.
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