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Start-up absorptive capacity: Does the owner’s human and social capital matter?
- Source :
- International Small Business Journal: Researching Entrepreneurship; Nov2014, Vol. 32 Issue 7, p777-801, 25p
- Publication Year :
- 2014
-
Abstract
- This study investigates how a business owner’s human and social capital affects start-up absorptive capacity under different environmental conditions. From an analysis of a sample of 199 Flemish start-ups, the study observes that the owners’ 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, the findings reveal a positive but decreasing effect of owner-specific human capital as a function of environmental turbulence. Furthermore, the study finds that management experience significantly stimulates start-up absorptive capacity within highly dynamic environments, whereas it hinders it within stable environments. Finally, implications of the study and opportunities for future research are provided. [ABSTRACT FROM PUBLISHER]
Details
- Language :
- English
- ISSN :
- 02662426
- Volume :
- 32
- Issue :
- 7
- Database :
- Complementary Index
- Journal :
- International Small Business Journal: Researching Entrepreneurship
- Publication Type :
- Academic Journal
- Accession number :
- 98977092
- Full Text :
- https://doi.org/10.1177/0266242612475103