Foreign-born entrepreneurs are crucial for new ventures and regional growth. A key driver of their success is selection into business accelerator programs. We theorize that foreign-born founders with local residency and work experience are more likely to be selected by these programs. However, the institutional distance between an entrepreneur's host and the birth country reduces their likelihood of selection, whereas the entrepreneurial development of the host country increases it. We also examine the conditional effect of market learning capability. Evidence from 611 ventures in OECD countries supports our hypotheses, underlining the complex impact of foreignness on accelerator selection.

中文翻译：

---

外国人的优势与加速器选择：外国出生企业家的研究


外国出生的企业家对于新企业和区域增长至关重要。他们成功的关键驱动力是被选入业务加速器计划。我们认为，具有当地居住权和工作经验的外国出生的创始人更有可能被这些项目选中。然而，企业家东道国与出生国之间的制度距离降低了其被选择的可能性，而东道国的创业发展则增加了其被选择的可能性。我们还研究了市场学习能力的条件效应。来自 OECD 国家 611 家企业的证据支持了我们的假设，强调了外国因素对加速器选择的复杂影响。