KNOWLEDGE INTENSIVE ENTREPRENEURSHIP IN A SOCIAL CAPITAL PERSPECTIVE
Abstract
In 1989 Mitton suggested that success for start-ups not only depends on who you are but also on whom you know. To study the importance of social capital and networks in relation to entrepreneurial activities, research in a Danish start-up context in two knowledge-intensive sectors has been carried out. The research methodology was based on a triangulation approach including a general questionnaire-based survey conducted through the Internet combined with a 85 in-depth interviews in purposefully sampled ventures. The analysis of the content and structure of social capital in relation to entrepreneurial networking activities in new technology-based small firms shows that teams are primarily composed of 'trusted alters', and that networking patterns and resource acquisition are highly influenced by entrepreneurs' attitude to and perception of networking.