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Accelerators provide a way for entrepreneurs to capitalize on new knowledge and technology regarding sport. The advantage of accelerators is that they can utilize the wisdom of crowds in order to facilitate a quick introduction into the marketplace of new ideas. This is crucial in the competitive sport industry, which relies on utilizing knowledge intensive products and services for competitive reasons. Knowledge in a sport context can be hard to describe as it can refer to processes that enable better production processes. For this reason, it is useful to understand how knowledge is a source of power in the sport market and how it can be used strategically. This chapter focuses on issues such as knowledge management and knowledge hoarding as a way to gain a competitive advantage in the sport industry, thereby linking the research on accelerators to a knowledge perspective in the sport context.