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Start-up absorptive capacity: Does the owner’s human and social capital matter?

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  • Jonas Debrulle

Abstract

This 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.

Suggested Citation

  • Jonas Debrulle, 2012. "Start-up absorptive capacity: Does the owner’s human and social capital matter?," Working Papers VIVES Research Centre for Regional Economics 30, KU Leuven, Faculty of Economics and Business, VIVES Research Centre for Regional Economics.
  • Handle: RePEc:ete:vivwps:30
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    Cited by:

    1. Piera Centobelli & Roberto Cerchione & Emilio Esposito, 2017. "Knowledge Management in Startups: Systematic Literature Review and Future Research Agenda," Sustainability, MDPI, Open Access Journal, vol. 9(3), pages 1-19, March.
    2. Marina Van Geenhuizen, 2016. "Capability factors in changing patterns of international knowledge relationships among university spin-off firms in Northwest Europe," ERSA conference papers ersa16p405, European Regional Science Association.
    3. Masatoshi Kato, 2017. "Founders’ human capital and external knowledge sourcing: An absorptive capacity perspective for innovative start-ups," Discussion Paper Series 162, School of Economics, Kwansei Gakuin University, revised Jun 2017.
    4. repec:kap:jtecht:v:42:y:2017:i:3:d:10.1007_s10961-016-9488-1 is not listed on IDEAS

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