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| Author: | Florin, J. Lubatkin, M. Schulze, W. |
| Title: | A social capital model of high-growth ventures |
| Journal: | Academy of Management Journal
2003 : JUN, VOL. 46:3, p. 374-384 |
| Index terms: | Initial public offerings Performance management Human resource management |
| Language: | eng |
| Abstract: | The authors 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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