Bridging ties and the role of research and start-up experience on the early growth of Dutch academic spin-offs

Victor Scholten, Onno Omta, Ron Kemp and Tom Elfring ()
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Victor Scholten: TU Delft - Delft University of Technology
Onno Omta: WUR - Wageningen University and Research [Wageningen]
Ron Kemp: WUR - Wageningen University and Research [Wageningen]
Tom Elfring: VU - Vrije Universiteit Amsterdam [Amsterdam]

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Abstract: Bridging ties are important for obtaining new information. However, when entrepreneurs try to bridge between two networks, they may face problems due to the variety of knowledge among individuals in both networks. In this paper, we argue that specific human capital is essential for interpreting new information and coordinating action when bridging between networks. In a sample of 70 Dutch academic spin-offs, our findings show that specific human capital increases the relative impact of bridging ties on early spin-off growth. This paper sheds light on the value of bridging ties for entrepreneurs and provides implications for practitioners.

Keywords: Human capital; Bridging ties; Action problem; Prior experience; University spin-offs (search for similar items in EconPapers)
Date: 2015-11-01
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Citations: View citations in EconPapers (1)

Published in Technovation, 2015, 45-46, 40-51 p. ⟨10.1016/j.technovation.2015.05.001⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04850407

DOI: 10.1016/j.technovation.2015.05.001

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