Exploring the antecedents of social liabilities in CVC triads--A dynamic social network perspective

Christiana Weber and Barbara Weber

Journal of Business Venturing, 2011, vol. 26, issue 2, 255-272

Abstract: This study addresses the emergence of social liabilities by taking a social network perspective on intra- and interorganizational network configurations using the hitherto unexplored example of the corporate venture capital (CVC) triad (CVC unit, corporate business unit, and portfolio company). We investigate social capital and social liability resulting from network formation and transformation and assess their impact on interorganizational knowledge transfer and creation. Examining 12 CVC triads in Germany, we identify new antecedents of social liability, show that social capital can initially facilitate knowledge transfer and creation, and that structural and personal lock-ins may eventually turn that capital into a liability. We make key theoretical contributions to the social network and CVC literature.

Keywords: Social capital; social liability Social network dynamics Knowledge transfer Corporate venture capital triad (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbvent:v:26:y:2011:i:2:p:255-272

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