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Building innovation networks in science-based young firms: the selection of knowledge sources

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  • Cristina Sousa
  • Margarida Fontes

Abstract

The paper investigates the strategic choices made by young science-based firms regarding the selection of knowledge sources. Data collected on Portuguese biotechnology firms are analysed with a view to answer to two research questions: whether, to what extent and in which conditions science-based entrepreneurs activate their social capital and/or build new knowledge relationships at start-up; whether and to what extent the knowledge relationships established at start-up persist and/or the firm builds relationships with new organisations. The results confirm the importance attributed to tie persistence but they also show that science-based firms need to search for new knowledge sources from the very early stages. Thus, their start-up behaviour departs from the one often depicted by the entrepreneurship literature, that emphasises the mobilisation of the entrepreneurs' social capital. Results also show that persistence of ties established at start-up is lower than would be expected.

Suggested Citation

  • Cristina Sousa & Margarida Fontes, 2014. "Building innovation networks in science-based young firms: the selection of knowledge sources," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 21(3), pages 370-390.
    • Handle: RePEc:ids:ijesbu:v:21:y:2014:i:3:p:370-390
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    Cited by:

    1. Guido Capaldo & Margarida Fontes & Lorella Cannavacciuolo & Pierluigi Rippa & Cristina Sousa, 2015. "Networks Mobilized to Access Key Resources at Early Stages of Biotech Firms: A Comparative Analysis in Two Moderately Innovative Countries," European Planning Studies, Taylor & Francis Journals, vol. 23(7), pages 1381-1400, July.
    2. Madhav Govind & Merle Küttim, 2016. "International Knowledge Transfer from University to Industry: A Systematic Literature Review," Research in Economics and Business: Central and Eastern Europe, Tallinn School of Economics and Business Administration, Tallinn University of Technology, vol. 8(2).

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