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Daniel Fehder is an Assistant Professor at USC's Marshall School in the Management and Organization Department. His research focuses on the emergence and evolution of entrepreneurial ecosystems and the growing role of entrepreneurship programs (e.g. accelerators, hackathons, pitch competitions, etc) in catalyzing these processes. To that end, he has helped manage the Seed Accelerator Ranking Program and has worked closely with the top management at MassChallenge. He is a recent graduate of the PhD program at MIT Sloan from the TIES Group. Prior to his PhD education, Daniel helped lead a startup as the Senior VP of Business Development for PriceSCAN. He holds an AB from Harvard College, magna cum laude, and a MA from the University of Pennsylvania.
Areas of Expertise
RESEARCH + PUBLICATIONS
Prior research shows that the launch of an accelerator program in a local region leads to a spillover effect, sharply increasing the volume of venture-capital backed startup activity in the region. Variation in the founding sponsors who provide financial and other resources is a key differentiator across accelerator programs, however. In this paper, we explore whether differences in the founding sponsors across accelerator programs are associated with different levels of spillover startup activity. We find that substantial variation in the level of spillovers associated with startups founded with different sponsors, with corporate-sponsored accelerators exhibiting a higher level of spillovers and government-sponsorship dampening the spillover effect. Overall, our findings suggest that policy makers may benefit more from engaging in table-setting policies that help attract corporate-sponsored accelerators to the region, rather than sponsoring such programs themselves.