JOURNAL OF MANAGEMENT POLICY AND PRACTICE
How Important are Entrepreneurial Social Capital and Knowledge Structure in New
Venture Innovation?
Author(s): Yang Xu
Citation: Yang Xu, (2011) "How Important are Entrepreneurial Social Capital and Knowledge Structure in New Venture Innovation?" Journal of Management Policy and Practice, Vol. 12, Iss. 5, pp. 11 - 24
Article Type: Research paper
Publisher: North American Business Press
Abstract:
Drawing upon the resource-based view and knowledge-based theory, this research investigated the roles
of entrepreneurial social capital and knowledge structure in the process of new venture innovation. A
questionnaire survey was conducted on a sample of 1000 new ventures in U.S. The analysis results show
that an entrepreneur’s social capital influences their knowledge structure of new production
development, and ultimately impacts new venture innovation. By incorporating the entrepreneur’s
knowledge structure with their social capital in the context of new venture innovation, this research
attempted to develop a theory of action which connects individual differences with social structure.