A social capital model of high-growth ventures

• 成果类型: Article
• 署名作者: Florin, J; Lubatkin, M; Schulze, W
• 署名单位: Bryant University; University of Connecticut; emlyon business school; University System of Ohio; Case Western Reserve University
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• DOI: 10.5465/30040630
• 发表日期: 2003
• 页码: 374-384
• 关键词: human-resource management; performance; strategy; capabilities; ENTREPRENEURIAL; advantage; companies; networks; criteria; MARKET

摘要

We use social capital theory to explain how human and social capital affect a venture's ability to accumulate financial capital during its growth stages (before an initial public offering) and its performance during the two-year period after going public. Consistent with theory, data drawn from a sample of 275 ventures that went public indicate that social capital leverages the productivity of a venture's resource base and provides the venture with a durable source of competitive advantage.