In 1989 Mitton suggested that success for start-ups not only depends on who you are but also on whom you know. To study the importance of social capital and networks in relation to entrepreneurial activities, research in a Danish start-up context in two knowledge-intensive sectors has been carried out. The research methodology was based on a triangulation approach including a general questionnaire-based survey conducted through the Internet combined with a 85 in-depth interviews in purposefully sampled ventures. The analysis of the content and structure of social capital in relation to entrepreneurial networking activities in new technology-based small firms shows that teams are primarily composed of 'trusted alters', that networking patterns and resource acquisition are highly influenced by entrepreneurs' attitude to and perception of networking.
Journal of Enterprising Culture, 2004, Vol 12, Issue 2, p. 105-125
Social capital; Entrepreneurship; Networking; Entrepreneurial Teams