Abstract
This paper finds a positive association between participation with entrepreneurial support organizations (ESO) and start-ups’ receipt of funding and survival. Findings suggest start-ups most benefited by participation are those that do not have redundant university support, have female co-founders, and already occupy network brokerage positions. The paper matches on pre-startup observables to create a control group with the universe of start-ups from the Research Triangle’s life science industry, which holds constant regional variation and the ESO choice set. Support organizations help start-ups by brokering networks to finance and other resources and endowing them with institutional capital that helps them overcome information barriers and navigate the local entrepreneurial ecosystem. ESOs simultaneously contribute to, and embed, institutional logics into regional entrepreneurial ecosystems.
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