Start-up absorptive capacity: Does the owner’s human and social capital matter?
AbstractThis study investigates how business owner human and social capital affect start-up absorptive capacity under different environmental conditions. From our analysis of a sample of 199 Flemish start-ups, we observe that the owner’s start-up experience and bridging social capital are positively and significantly related to the new venture’s ability to acquire, assimilate and exploit external information. In addition, our findings reveal a positive but decreasing effect of owner specific human capital as a function of environmental turbulence. Furthermore, we find that management experience significantly stimulates start-up absorptive capacity within highly dynamic environments, whereas it hinders it within stable environments. Finally, implications and opportunities for future research are provided.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Katholieke Universiteit Leuven, Faculteit Economie en Bedrijfswetenschappen, Vives in its series Vives discussion paper series with number 30.
Date of creation: 2012
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-09-16 (All new papers)
- NEP-ENT-2012-09-16 (Entrepreneurship)
- NEP-HRM-2012-09-16 (Human Capital & Human Resource Management)
- NEP-INO-2012-09-16 (Innovation)
- NEP-SBM-2012-09-16 (Small Business Management)
- NEP-SOC-2012-09-16 (Social Norms & Social Capital)
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Damiaan Persyn).
If references are entirely missing, you can add them using this form.