A social capital model of high-growth ventures

被引:375
作者
Florin, J [1 ]
Lubatkin, M
Schulze, W
机构
[1] Bryant Coll, Smithfield, RI 02917 USA
[2] Univ Connecticut, Storrs, CT 06269 USA
[3] Ecole Management Lyon, Lyon, France
[4] Case Western Reserve Univ, Weatherhead Sch Management, Cleveland, OH 44106 USA
关键词
D O I
10.5465/30040630
中图分类号
F [经济];
学科分类号
02 ;
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.
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页码:374 / 384
页数:11
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