SSE/EFI Working Paper Series in Business Administration
Beyond Human Capital - The application of human capital in new venture development
Abstract: Earlier research has identified a variety of human capital
dimensions related to the entrepreneur as positively influencing new
venture performance. However, in high technology exploitation the
entrepreneur is commonly only one person among other highly skilled
individuals involved in the development. This longitudinal case study
approach focuses on key recruitments contracted due to their earlier
experiences needed in the ventures. Two perspectives are taken to approach
how earlier experience is applied in new contexts; the drives behind the
recruitments, and how new recruitments apply their earlier experiences.
Timing, persistence, and transformation appear to be vital in the process
of tranferring earlier experiences to new contexts. Timing is related to
the early development of the venture, when all individuals are engaged in
several different roles. An extension of timing is the challenge of
persistance in matching earlier experiences with the entrepreneurial
development. Finally, apart from transformation of the knowledge carried by
individuals, they do also create their own platforms to work from.
Keywords: Human capital; contracting; individual creation of working platforms; (follow links to similar papers)
17 pages, March 17, 2009
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