Abstract
This paper examines the landscape of corporate accelerators (CAs) and their significance within the UK's entrepreneurial ecosystem. While there is a growing body of research on accelerators, a notable gap remains in understanding the distinct characteristics and implications of corporate accelerators. This study addresses this gap by investigating the motivations, objectives, design choices, and roles of CAs in fostering entrepreneurship and innovation.
The research employs a qualitative approach, conducting over 30 structured interviews with key stakeholders involved in the establishment and operation of CAs in the UK. Using the Gioia method for rigorous thematic analysis, grounded in open innovation theory, the study identifies emerging themes including innovation-driven motivation, strategic alignment, and cultural transformation within parent corporations. The findings of this research offer practical guidance for entrepreneurs, established businesses, and policymakers, while also contributing to the existing body of knowledge on corporate accelerators.