Social capital inthe capitalisation of new ventures: accessing, lubricating and fitting.

Anderson, Alistair R.; Jack, Sarah L.; Drakopoulou Dodd, Sarah

Abstract

New venture capitalisation demands the formation of the necessary financial resources to launch. Social capital - the potential resources to which individuals have access due to their position within specific social networks of relationships - also plays a significant role in new venture capitalisation in three main ways. Firstly, social capital provides access, and thus acts a means of securing other forms of capital. Secondly, social capital also lubricates relations between entrepreneur and others within the socio-economic environment, including financiers. Thirdly, social capital acts as a mechanism for fitting the entrepreneur and their new venture to the wider socio-economic environment.

Citation

ANDERSON, A.R., JACK, S.L. and DRAKOPOULOU DODD, S. 2009. Social capital inthe capitalisation of new ventures: accessing, lubricating and fitting. In Bergmann, M. and Faust, T. (eds.) Handbook of business and finance: multinational companies, venture capital and non-profit organizations. New York: Nova Science Publishers [online], pages 293-300. Available from: http://www.novapublishers.org/catalog/product_info.php?products_id=18983

• Online Publication Date: Dec 31, 2009
• Publication Date: Mar 30, 2010
• Deposit Date: Jul 3, 2018
• Publicly Available Date: Jul 3, 2018
• Publisher: Nova Science Publishers
• Pages: 293-300
• Book Title: Handbook of business and finance: multinational companies, venture capital and non-profit organizations
• ISBN: 9781606928554
• Keywords: New venture capitalisation; Enterpreneur; Socioeconomic environment; Entrepreneurship; Social capital; Venture capital
• Public URL: http://hdl.handle.net/10059/2991
• Publisher URL: http://www.novapublishers.org/catalog/product_info.php?products_id=18983