Managerial Resources and New Venture Performance in Emerging and Established Economies: a Meta-analytic Review
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چکیده
The social capital and human capital have been conceptualized as key resources that may facilitate the performance of new ventures. Yet, despite a surge of studies examining the role of social capital and human capital in the entrepreneurial process, no quantitative assessments have been made of the empirical evidence to date. In an effort to systematically review past research results, I conducted a meta-analysis examining the strength of the link between different social capital and human capital dimensions and new venture performance as well as potential moderators affecting this relationship. Analysis of 49 selected studies revealed that on average, human capital and social capital are both positively related to new venture performance. The results revealed that on average, human capital and social capital are both positively related to new venture performance. Surprisingly, the overall relation between social capital and firm performance was significantly stronger in comparison to the relation between human capital and firm performance. The results also revealed that the relation between social capital and venture performance is
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