How social capital and firm knowledge influence the acquisition of resources in technology based new ventures

2021 ◽  
Author(s):  
Lee J. Zane
Keyword(s):  
Social Capital ◽  
New Ventures ◽  
Firm Knowledge

Finding the pot of gold: leveraging social capital in international new ventures

2019 ◽  
Vol 12 (3) ◽  
pp. 273
Author(s):  
Tiago Ratinho ◽  
Joris Heuven ◽  
Aard Groen ◽  
Peter Van Der Sijde ◽  
Paul Kirwan
Keyword(s):  
Social Capital ◽  
New Ventures ◽  
International New Ventures

Students climbing the entrepreneurial ladder

2016 ◽  
Vol 28 (6) ◽  
pp. 1115-1136 ◽  
Author(s):  
Giovanna Campopiano ◽  
Tommaso Minola ◽  
Ruggero Sainaghi
Keyword(s):  
Social Capital ◽  
New Ventures ◽  
Entrepreneurial Process ◽  
Content Type ◽  
Bridging Social Capital ◽  
Entrepreneurial Spirit ◽  
The Family ◽  
Bonding And Bridging ◽  
The Relationship

Purpose This paper aims to address the research question of whether family social capital affects the degree of engagement in the entrepreneurial process in the case of hospitality and tourism (H&T) new ventures, and how this relates to environment-related motivations. In particular, drawing on a process-based approach of individuals’ engagement in entrepreneurship, this paper provides new insights into the relationship between the perception of support by the family through the provision of bonding and bridging social capital and the decision to engage in the entrepreneurial process. The main contribution consists in the role of “following an environmental mission” that emerges as a motivation mediating the relationship between family resource provision and entrepreneurial engagement in the H&T industry. Design/methodology/approach For this exploratory study, we rely on cross-sectional observations from 2,923 individuals gathered through the Global University Entrepreneurial Spirit Students Survey, which collects information on career choices and preferences of university students around the globe. Given our focus on the early engagement process in entrepreneurship and the role of embeddedness in family structures, the use of a sample of young potential entrepreneurs such as students is particularly appropriate. Findings This study suggests that the family acts as a fundamental institution fostering entrepreneurship, both through the provision of bonding and bridging social capital, and the nurturing of attitudes toward the environment. The results indicate that, in the H&T industry, entrepreneurship can be a valuable means to pursue such attitude and is perceived as a way to proactively contribute to undertake responsible environmental activities. Research limitations/implications The study provides some implications for researchers, educators and policymakers interested in fostering entrepreneurial initiatives in the field, considering the role of a social-oriented mission as a vehicle to encourage profit-oriented entrepreneurial initiatives, and the importance of the family as a resource provider that fosters entrepreneurial engagement. The paper also discusses the strengths and limitations of this unique and broad cross-national sample. Originality/value Becoming entrepreneurs is depicted as climbing an entrepreneurial “ladder”, whereby each individual’s engagement along this process depends on a number of antecedents. Family bridging and bonding social capital, as well as following an environmental mission, emerge as important factors in the H&T industry, thus extending previous literature on the distinctiveness of this industry.

The Hybrid Structures of International New Ventures

2008 ◽  
Vol 9 (1) ◽  
pp. 33-42 ◽  
Author(s):  
Magne Sivert Berg ◽  
Arild Aspelund ◽  
Roger Sørheim
Keyword(s):  
Social Capital ◽  
New Ventures ◽  
International Market ◽  
Social Capital Theory ◽  
Hybrid Structures ◽  
International New Ventures ◽  
International Governance ◽  
Capital Theory ◽  
Market Expansion

This paper gives a social capital perspective on the internationalization process of new firms. The point of departure is international new ventures (INVs) and their frequent use of hybrid structures for government of international activities. The purpose is to shed new light on the INV phenomenon by studying the role of social relationships in the establishment, management and performance of international governance structures and access to resources for international market expansion. By combining knowledge from the international entrepreneurship literature with social capital theory, the authors construct several propositions on the relationship between properties of social capital embedded in the new firm and their ability to form effective international market channels and deliver high long-term performance. This conceptual study suggests that social capital is indeed conducive to the overall performance of INVs. However, empirical research is desirable – and, based on the propositions from this study, the authors propose a research agenda emphasizing the need for a longitudinal study of INV organizations with regard to the role of social capital in attracting and controlling international market resources.

Challenges of Social Capital Development in the University Science Incubator

2012 ◽  
Vol 13 (4) ◽  
pp. 261-276 ◽  
Author(s):  
Martina Battisti ◽  
Maura McAdam
Keyword(s):  
Social Capital ◽  
New Ventures ◽  
Theory And Practice ◽  
Entrepreneurial Firms ◽  
Support Mechanism ◽  
Resource Needs ◽  
Resource Deficit ◽  
Capital Development ◽  
The University ◽  
University Science

University science incubators (USIs) are sites where new entrepreneurial firms can be nurtured from initial conception through to commercial viability, usually over a period of around three years. Evidence suggests that USIs are an effective support mechanism for new ventures originating from nearby universities through the provision of facilities, advice and ready access to entrepreneurial networks. In essence, a USI focuses on compensating for the resource deficits of inexperienced and newly founded firms to facilitate the development of both founder and business, with the overall aim of fostering a growth-oriented strategy. Little attention has been paid, however, to how USIs compensate for the resource deficit of social capital. This paper uses a qualitative social network approach to explore the challenges faced by graduate entrepreneurs when developing and managing their social capital in the context of a USI. The authors find that, in the start-up process, social capital is not static, but rather is in a state of ‘becoming’, adapting to the changing resource needs of the enterprise. Furthermore, graduate entrepreneurs face specific problems associated with the relational and cognitive dimensions of social capital. Thus, the paper offers insights into how the USI enables graduate entrepreneurs to address the challenges of social capital development and the consequent implications for theory and practice.

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