The impact of social capital on the start-ups' performance growth

Journal of Small Business Management

Volumn 48, Issue 2, 2010, Pages 197-227

  Pirolo, Luca ^a   Presutti, Manuela ^b  

^a LUISS UNIVERSITY   (Italy)

^b UNIVERSITY OF BOLOGNA   (Italy)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77954354053     PISSN: 00472778     EISSN: 1540627X     Source Type: Journal    
DOI: 10.1111/j.1540-627X.2010.00292.x     Document Type: Article

References (111)

1. Adler P S, Known S W. Social Capital: Prospects for a New Concept. Academy of Management Review 2002, 27(1):17-40.
2. Agarwal R, Sarkar M B, Echambadi R. The Conditioning Effect of Time on Firm Survival: An Industry Life Cycle Approach. Academy of Management Journal 2002, 45(5):971-994.
3. Aldrich H. Organizations Evolving 1999, London, Sage
4. Aldrich H, Rosen B, Woodward W. The Impact of Social Networks on Business Foundings and Profit: A Longitudinal Study. Frontiers of Entrepreneurship Research 1987, 154-168. Churchill N S, Hornaday O J, Vesper K. Eds, Proceedings of the Seventh Annual Babson College Entrepreneurship Research Conference. Center for Entrepreneurial Studies Babson College, Wellesley, MA
5. Allison P. Using Panel Data to Estimate the Effects of Events. Sociological Methods and Research 1994, 23:174-199.
6. Andries P, Debackere K. Adaptation and Performance in New Businesses: Understanding the Moderating Effects of Independence and Industry. Small Business Economics 2007, 29:81-99.
7. Antonelli C. Collective Knowledge Communication and Innovation: The Evidence of Technological Districts. Regional Studies 2000, 34:535-547.
8. Ardichvili A, Cardozo R, Ray S. A Theory of Entrepreneurial Opportunity Identification and Development. Journal of Business Venturing 2003, 18:105-124.
9. Arita T, McCann P. Industrial Alliances and Firm Location Behaviour: Some Evidence from the US Semiconductor Industry. Applied Economics 2000, 32:1391-1403.
10. Audretsch D, Feldman M P. Knowledge Spillovers and the Geography of Innovation. Handbook of Urban and Regional Economics 2003, 80-110. Henderson J V, Thisse J F. Eds, Amsterdam, North Holland Publishing
11. Auster E R, Aldrich H. Even Dwarfs Started Small: Liabilities of Age and Size and Their Strategic Implications. Research in Organizational Behavior 1986, 8:165-198.
12. Bachrach S. Organizational Theories: Some Criteria for Evaluation. Academy of Management Review 1989, 14:495-515.
13. Baker W. Achieving Success through Social Capital 2000, San Francisco, Jossey-Bass
14. Baker W, Obstfeld D. Social Capital by Design: Structures, Strategies and Institutional Context. Corporate Social Capital and Liability 1999, 88-105. Leenders R Th A J, Gabbay S M. Eds, Boston, Kluwer
15. Baltagi B. Econometric Analysis of Panel Data 2005, New York, Wiley & Sons
16. Barney J B. Firm Resources and Sustained Competitive Advantage. Journal of Management 1991, 17:99-120.
17. Baron R, Markman G. Beyond Social Capital: The Role of Entrepreneurs' Social Competence in Their Financial Success. Journal of Business Venturing 2003, 18:41-60.
18. Batjargal B. Internet Entrepreneurship: Social Capital, Human Capital, and Performance of Internet Ventures in China. Research Policy 2007, 36(5):605-618.
19. Borgatti S, Cross R. A Relational View of Information Seeking and Learning in Social Networks. Management Science 2003, 49:432-445.
20. Boschma R A. Proximity and Innovation: A Critical Assessment. Regional Studies 2005, 39(1):61-74.
21. Breschi S, Lissoni F. Localised Knowledge Spillovers vs. Innovative Milieux: Knowledge 'Tacitness' Reconsidered. Papers in Regional Science 2001, 80:255-273.
22. Burt R S. Structural Holes: The Social Structure of Competition 1992, Cambridge, MA, Harvard University Press
23. Burt R S. The Network Structure of Social Capital. Research in Organizational Behavior, 22 2000, 345-423. Sutton R IStaw B M. Eds, Greenwich, CT, JAI Press
24. Churchill G A. A Paradigm for Developing Better Measures of Marketing Constructs. Journal of Marketing Research 1979, 16(1):64-73.
25. Cohen W M, Levinthal D A. Absorptive Capacity: Anew Perspective on Learning and Innovation. Administrative Science Quarterly 1990, 35:128-152.
26. Coleman J S. Foundations of Social Theory 1990, Cambridge, MA, Harvard University Press
27. Cooper A. Networks, Alliances and Entrepreneurship. Strategic Entrepreneurship 2002, 203-222. Hitt MIreland DCamp MSexton D. Eds, Oxford, Blackwell
28. Covin J G, Slevin D P. New Venture Strategic Posture, Structure, and Performance: An Industry Life Cycle Analysis. Journal of Business Venturing 1990, 5:123-135.
29. Cross R, Parker A. The Hidden Power of Social Networks: Understanding How Work Really Gets Done in Organizations 2004, Boston, Harvard Business School Press
30. Cross R, Parker A, Prusak L, Borgatti S. Knowing What We Know: Supporting Knowledge Creation and Sharing in Social Networks. Organizational Dynamics 2001, 30(2):100-120.
31. Davidsson P, Honing B. The Role of Social and Human Capital among Nascent Entrepreneurs. Journal of Business Venturing 2003, 18:301-332.
32. Dosi G, Nelson R, Winter S G. The Nature and Dynamics of Organizational Capabilities 2000, New York, Oxford University Press
33. Dyer J H, Nobeoka K. Creating and Managing a High Performance Knowledge-Sharing Network: The Toyota Case. Strategic Management Journal 2000, 21:345-367.
34. Dyer J H, Singh H. The Relational View: Cooperative Strategy and Sources of Inter-Organizational Competitive Advantage. Academy of Management Review 1998, 23:660-679.
35. Ebers M. The Dynamics of Inter-Organizational Relationships. Research in the Sociology of Organizations 1999, 31-56. Andrews SKnoke D. Eds, Stamford, CT, JAI Press
36. Elfring T, Hulsink W. Networking by Entrepreneurs: Patterns of Tie-Formation in Emerging Organizations. Organization Studies 2007, 28(12):1849-1872.
37. Feldman M P. Location and Innovation: The New Economic Geography of Innovation, Spillovers, and Agglomeration. The Oxford Handbook of Economic Geography 2000, 373-394. Clark G LFeldman M PGertler M S. Eds, Oxford, Oxford University Press
38. Fleming L, Mingo S, Chen D. Brokerage and Collaborative Creativity. Administrative Science Quarterly 2007, 52(3):443-475.
39. Ford J K, McCallum R C, Tait M. The Application of Exploratory Factor Analysis in Applied Psychology: A Critical Review and Analysis. Personnel Psychology 1986, 39:291-314.
40. Gargiulo M, Benassi M. The Dark Side of Social Capital. Corporate Social Capital and Liability 1999, 100-120. Leenders R, Gabbay R. Eds, Boston, Kluwer Academic Publisher
41. Gartner W, Carter N. Entrepreneurial Behaviour and Firm Organizing Processes. Handbook of Entrepreneurship Research 2003, 195-221. Acs Z J, Audretsch D B. Eds, Boston, Kluwer
42. Gerlach M L. Alliance Capitalism: The Social Organization of Japanese Business 1992, Berkeley, CA, University of California Press
43. Gilbert B A, McDougall P P, Audretsch D B. New Venture Growth: A Review and an Extension. Journal of Management 2006, 32(6):926-950.
44. Gittelman M, Kogut B. Does Good Science Lead to Valuable Knowledge? Biotechnology Firms and the Evolutionary Logic of Citation Patterns. Management Science 2003, 49(4):366-382.
45. Granovetter M S. Economic Action and Social Structure: The Problem of Embeddedness. American Journal of Sociology 1985, 91:81-150.
46. Grant R M. The Knowledge-Based View of the Firm. The Strategic Management of Intellectual Capital and Organizational Knowledge 2002, 133-148. Choo C WBontis N. Eds, Oxford, Oxford University Press
47. Greiner L. Evolution and Revolution as Organization Grow. Harvard Business Review 1972, 50:37-46.
48. Greve A, Salaff J W. Social Networks and Entrepreneurship. Entrepreneurship Theory and Practice 2003, 28(1):1-22.
49. Gulati R, Gargiulo M. Where Do Inter-Organizational Networks Come from? American Journal of Sociology 1999, 104:1439-1494.
50. Han M. Developing Social Capital to Achieve Superior Internationalization: A Conceptual Model. Journal of International Entrepreneurship 2006, 4(2-3):99-112.
51. Hansen E L. Entrepreneurial Networks and New Organization Growth. Entrepreneurship Theory and Practice 1995, 19(4):7-19.
52. Hargadon A B, Sutton R I. Building the Innovation Factory. Harvard Business Review 2000, 78(3):157-166.
53. Helper S. Comparative Supplier Relations in the U.S. and Japanese Auto Industries: An Exit Voice Approach. Business Economic History 1990, 19:153-162.
54. Hite J M. Embedded Network Ties in Emerging Entrepreneurial Firms: Patterns, Processes and Paths. 1999, Doctoral Dissertation, University of Utah, Salt Lake City, UT
55. Hite J M. Evolutionary Processes and Paths of Relationally Embedded Network Ties in Emerging Entrepreneurial Firms. Entrepreneurship Theory and Practice 2005, 29:113-144.
56. Hite J M, Hesterly W S. The Evolution of Firm Networks: From Emergence to Early Growth of the Firm. Strategic Management Journal 2001, 22:275-286.
57. Hoang H, Antoncic B. Network-Based Research in Entrepreneurship: A Critical Review. Journal of Business Venturing 2003, 18:165-187.
58. Hsiao C. Analysis of Panel Data 1986, Cambridge, Cambridge University Press
59. Human S E, Provan K G. Legitimacy Building in the Evolution of Small-Firm Networks: A Comparative Study of Success and Demise. Administrative Science Quarterly 2000, 45:327-365.
60. Rilevazioni Statistiche su Imprese High-Tech. 2007, Istat, Istituto nazionale di statistica, Roma
61. Jaffe A, Trajtenberg M, Henderson R. Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations. Quarterly Journal of Economics 1993, 108:577-598.
62. Jarillo J C. On Strategic Networks. Strategic Management Journal 1989, 9:31-41.
63. Johannisson B. Networking and Entrepreneurial Growth. The Blackwell Handbook of Entrepreneurship 2000, 368-386. Sexton D LLandstrom H. Eds, Oxford, Blacwell
64. Johnson D R. Alternative Methods for the Quantitative Analysis of Panel Data in Family Research: Pooled Time-Series Models. Journal of Marriage and the Family 1995, 57:1065-1077.
65. Katila R, Ahuja G. Something Old, Something New: A Longitudinal Study of Search Behaviour and New Product Introduction. Academy of Management Journal 2002, 45(6):1183-1194.
66. Kazanjian R K. Relation of Dominant Problem to Stages of Growth in Technology-Based New Ventures. Academy of Management Journa 1988, 31:257-279.
67. Kimberly J R, Miles R H. The Organizational Life Cycle: Issues in the Creation, Transformation, and Decline of Organizations 1980, San Francisco, Jossey-Bass
68. Koberg C, Uhlenbruck N, Sarason Y. Facilitators of Organizational Innovation: The Role of Life-Cycle Stage. Journal of Business Venturing 1996, 11:133-149.
69. Kogut B. The Networks as Knowledge: Generative Rules and the Emergence of Structure. Strategic Management Journal 2000, 21(3):405-425.
70. Larson A. Network Dyads in Entrepreneurial Settings: A Study of the Governance of Exchange Relationships. Administrative Science Quarterly 1992, 37:76-104.
71. Leana C R, Van Buren H J. Organizational Social Capital and Employment Practices. Academy of Management Review 1999, 24:538-555.
72. Lechner C, Dowling M. Firm Networks: External Relationships as Sources for the Growth and Competitiveness of Entrepreneurial Firms. Entrepreneurship and Regional Development 2003, 1:1-16.
73. Lechner C, Dowling M, Welpe I. Firm Networks and Firm Development: The Role of the Relational Mix. Journal of Business Venturing 2006, 21:514-540.
74. Lesser E L. Knowledge and Social Capital. Foundations and Applications 2000, Boston, Butterworth Heinemann
75. Lichtenstein B B, Carter N M, Dooley K J, Gartner W B. Complexity Dynamics of Nascent Entrepreneurship. Journal of Business Venturing 2007, 22(2):236-261.
76. Lin N, Cook K, Burt R. Social Capital 2001, New York, Walter de Gruyter
77. McCann J E. Patterns of Growth, Competitive Technology, and Financial Strategies in Young Ventures. Journal of Business Venturing 1991, 6:189-208.
78. McEvily B, Zaheer A. Bridging Ties: A Source of Firm Heterogeneity in Competitive Capabilities. Strategic Management Journal 1999, 20:1133-1156.
79. McGahan A M, Argyres N, Baum J A. Context, Technology and Strategy: Forging New Perspectives on the Industry Life Cycle. Business Strategic over the Industry Life Cycle-Advances in Strategic Management 21 2004, 1-21. Baum J A C, McGahan A M, Eds, Oxford, Elsevier Jai Press
80. McKelvey B. Toward a Complexity Science of Entrepreneurship. Journal of Business Venturing 2004, 19:313-342.
81. Maggioni V, Sorrentino M, Williams M. Mixed Consequences of Government Aid for New Venture Creation: Evidence from Italy. Journal of Management and Governance 1999, 3:287-305.
82. Maksimovic V, Philipps G. Do Conglomerate Firms Allocate Resources Inefficiently across Industries? Journal of Finance 2002, 36(3):627-648.
83. Maskell P, Malmberg A. The Competitiveness of Firms and Regions: 'Ubiqitification' and the Importance of Localized Learning. European Urban and Regional Studies 1999, 6:9-25.
84. Maurer I, Ebers M. Dynamics of Social Capital and Their Performance Implications: Lessons from Biotechnology Start-ups. Administrative Science Quarterly 2006, 51(2):262-292.
85. Moran P. Structural vs. Relational Embeddedness: Social Capital and Managerial Performance. Strategic Management Journal 2005, 12:1129-1153.
86. Moran P, Galunic C. Harnessing Social Capital for Productive Resource Exchange. 1998, Academy of Management Conference, San Diego, CA
87. Moran P, Ghoshal S. Markets, Firms, and the Process of Economic Development. Academy of Management Review 1998, 24(3):390-412.
88. Mu J, Peng G, Love E. Interfirm Networks, Social Capital, and Knowledge Flow. Journal of Knowledge Management 2008, 12(4):86-100.
89. Nahapiet J, Ghoshal S. Social Capital, Intellectual Capital and the Organizational Advantage. Academy of Management Review 1998, 23:242-266.
90. Newbert S. New Firm Formation: A Dynamic Capability Perspective. Journal of Small Business Management 2005, 43:55-77.
91. Nohria N. Introduction: Is a Network Perspective a Useful Way of Studying Organizations? Networks and Organizations: Structure, Form, and Action 1992, 1-22. Nohria NEccles R G. Eds, Boston, Harvard Business School Press
92. Nooteboom B. Learning by Interaction: Absorptive Capacity, Cognitive Distance and Governance. Journal of Management and Governance 2000, 4(1-2):69-92.
93. Owen-Smith J, Powell W W. Knowledge Networks as Channels and Conduits: The Effects of Spillovers in the Boston Biotechnology Community. Organization Science 2004, 15:5-21.
94. Porter M. The Comparative Advantage of Nations 2000, New York, NY, The Free Press
95. Portes A. Social Capital: Its Origins and Applications in Modern Sociology. Annual Review of Sociology 1998, 24:1-24.
96. Portes A, Sensenbrenner J. Embeddedness and Immigration: Notes on the Social Determinants of Economic Action. American Journal of Sociology 1993, 98:1320-1350.
97. Reagans R, Zuckerman E W. Networks, Diversity and Performance: The Social Capital of R&D Units. Organization Science 2001, 12:502-517.
98. Rowley T, Behrens D, Krackhardt D. Redundant Governance Structures: An Analysis of Structural and Relational Embeddedness in the Steel and Semiconductor Industry. Strategic Management Journal 2000, 21:369-386.
99. Ruef M. Strong Ties, Weak Ties and Islands: Structural and Cultural Predictors of Organizational Innovation. Industrial and Corporate Change 2002, 11(3):427-449.
100. Shane S, Stuart T. Organizational Endowments and the Performance of University Start-ups. Management Science 2002, 48:154-170.
101. Shane S, Venkataraman S. The Promise of Entrepreneurship as a Field of Research. Academy of Management Review 2000, 25:217-226.
102. Sheperd D, Diuglas E J, Shanley M. New Venture Survival: Ignorance, External Shocks, and Risk Reduction Strategies. Journal of Business Venturing 2000, 15:393-410.
103. Stinchombe A. Organizations and Social Structure. Handbook of Organizations 1965, 142-193. March J G. Ed, Chicago, Rand McNally
104. Szulanski G, Doz Y, Ovetsky Y. Incumbents Framing: Three Established Companies Respond to the Internet. Business Strategy over the Industry Life Cycle-advances in Management 2 2004, 77-106. Baum J A C, McGahan A M, Eds, Oxford, Elsevier Jai Press
105. Tripsas M. Unraveling the Process of Creative Destruction: Complementary Assets and Incumbent Survival in the Typesetter Industry. Strategic Management Journal 1997, 18(6):119-142.
106. Tsai W, Ghoshal S. Social Capital and Value Creation: The Role of Intra-Firm Networks. Academy of Management Journal 1998, 41:464-476.
107. Uzzi B. Social Structure and Competition in Interfirm Networks: The Paradox of Embeddedness. Administrative Science Quarterly 1997, 42:35-67.
108. Uzzi B, Gillespie J. Knowledge Spillover in Corporate Financing Networks: Embeddedness and the Firm's Debt Performance. Strategic Management Journal 2002, 23:595-618.
109. Walker G B, Kogut B, Shan W. Social Capital, Structural Holes, and the Formation of an Industry Network. Organization Science 1997, 8(2):109-125.
110. Yli-Renko H, Autio E, Sapienza H J. Social Capital, Knowledge Acquisition, and Knowledge Exploitation in Young Technology-Based Firms. Strategic Management Journal 2001, 22:587-613.
111. Zahra S, Jennings D, Kuratko D. The Antecedents and Consequences of Firm-Level Entrepreneurship: The State of the Field. Entrepreneurship Theory and Practice 1999, 24(2):45-65.