Abstract

Capital theory (Coleman, 1990) use has expanded in entrepreneurship research in recent years based, at least in part, on the belief that differences in personal background (e.g., Gaglio & Katz, 2001) and social relationships (e.g., Krackhardt, 1995) are associated with the access to resources critical to new venture creation. Despite its contributions, this work has tended to oversimplify the dimensionality (Shane, Locke & Collins, 2003; Liao & Welsch, 2005) of these constructs, as well as overlook the relationship between human and social influences across new venture creation contexts. Therefore, we seek to connect the influences of human and social capital to the creation and development of new ventures by investigating three primary research questions in this study. First, what dimensions of human and social capital are associated with the new venture creation process? Second, does the pattern of dimensional prevalence differ between technology and nontechnology entrepreneurs? Finally, do differences in the human capital dimensions predict differences in the type of social capital technology or non-technology entrepreneurs develop as they assemble start-up teams?

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