Title :

The role of social capital in the growth of innovative nascent firms: the moderating effect of incubators

Author(s) :

François, Valérie [Auteur]
Lille économie management - UMR 9221 [LEM]
Lille University Management Lab - ULR 4999 [LUMEN]
Lafaye, Christophe [Auteur]
Laboratoire de Recherche Sociétés & Humanités [LARSH]
Belarouci, Matthieu [Auteur]
Centre de recherche en économie et management [CREM]

Journal title :

International Journal of Entrepreneurship and Innovation Management

Pages :

326-345

Publisher :

Inderscience

Publication date :

2021

ISSN :

1368-275X

English keyword(s) :

Social capital
innovative nascent firm
incubator
growth

HAL domain(s) :

Sciences de l'Homme et Société/Gestion et management

English abstract : [en]

The concept of social capital is increasingly used in entrepreneurship studies to explain the growth of innovative nascent firms. However, empirical findings about the role of social capital (SC) in the growth of young ...
Show more >The concept of social capital is increasingly used in entrepreneurship studies to explain the growth of innovative nascent firms. However, empirical findings about the role of social capital (SC) in the growth of young firms have been contradictory to date. We focused on the relational dimension of social capital and differentiated between internal social capital (ISC) and external social capital (ESC). We analysed the perceived utility which is rarely used in SC studies of resources received from the networks of innovative nascent firms in their first six years of existence. We implemented the two-stage least squares (2SLS) analysis to avoid the endogeneity bias. The results indicated that during the early years, nascent firms' external social capital is a decisive resource for growth. This was not the case for internal social capital. We observed that joining an incubator appears to have no impact on either growth or the relationship under study.Show less >

Language :

Anglais

Popular science :

Non

Collections :

• Lille University Management Lab (LUMEN) - ULR 4999

Source :

Harvested from HAL