Abstract
The authors seek to advance the understanding of social capital in the acquisition of other types of capital in the early stages of international new ventures (INVs). International technology-based new ventures are important for the growth of an abundant economy, yet little is known about how these firms utilise social capital to develop the resources required to initiate these firms. Here, we add to the literature by first defining INVs as firms that establish foreign operations, not just foreign sales. We then empirically demonstrate that social capital acquisition and use affects the development of the resources (capital) needed for the INV development - strategic, financial and managerial. Our results demonstrate that the development of social capital precedes other forms of capital acquisition for INVs.
| Original language | English |
|---|---|
| Pages (from-to) | 273-296 |
| Number of pages | 24 |
| Journal | International Journal of Technology Intelligence and Planning |
| Volume | 12 |
| Issue number | 3 |
| Early online date | 16 Apr 2019 |
| DOIs | |
| Publication status | Published - 2019 |
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Keywords
- Abundant economy
- International new ventures
- Internationalisation
- Personal networks
- Resource acquisition
- Resource development
- Social capital
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Finding the pot of gold : Leveraging social capital in international new ventures. / Kirwan, Paul; Ratinho, Tiago; Van Der Sijde, Peter; Groen, Aard; Heuven, Joris.
In: International Journal of Technology Intelligence and Planning, Vol. 12, No. 3, 2019, p. 273-296.Research output: Contribution to Journal › Article › Academic › peer-review
TY - JOUR
T1 - Finding the pot of gold
T2 - Leveraging social capital in international new ventures
AU - Kirwan, Paul
AU - Ratinho, Tiago
AU - Van Der Sijde, Peter
AU - Groen, Aard
AU - Heuven, Joris
PY - 2019
Y1 - 2019
N2 - The authors seek to advance the understanding of social capital in the acquisition of other types of capital in the early stages of international new ventures (INVs). International technology-based new ventures are important for the growth of an abundant economy, yet little is known about how these firms utilise social capital to develop the resources required to initiate these firms. Here, we add to the literature by first defining INVs as firms that establish foreign operations, not just foreign sales. We then empirically demonstrate that social capital acquisition and use affects the development of the resources (capital) needed for the INV development - strategic, financial and managerial. Our results demonstrate that the development of social capital precedes other forms of capital acquisition for INVs.
AB - The authors seek to advance the understanding of social capital in the acquisition of other types of capital in the early stages of international new ventures (INVs). International technology-based new ventures are important for the growth of an abundant economy, yet little is known about how these firms utilise social capital to develop the resources required to initiate these firms. Here, we add to the literature by first defining INVs as firms that establish foreign operations, not just foreign sales. We then empirically demonstrate that social capital acquisition and use affects the development of the resources (capital) needed for the INV development - strategic, financial and managerial. Our results demonstrate that the development of social capital precedes other forms of capital acquisition for INVs.
KW - Abundant economy
KW - International new ventures
KW - Internationalisation
KW - Personal networks
KW - Resource acquisition
KW - Resource development
KW - Social capital
UR - http://www.scopus.com/inward/record.url?scp=85065118914&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85065118914&partnerID=8YFLogxK
U2 - 10.1504/IJTIP.2019.099214
DO - 10.1504/IJTIP.2019.099214
M3 - Article
VL - 12
SP - 273
EP - 296
JO - International Journal of Technology Intelligence and Planning
JF - International Journal of Technology Intelligence and Planning
SN - 1740-2832
IS - 3
ER -