The role of intellectual capital in the success of new ventures

  • Esther HormigaEmail author
  • Rosa M. Batista-Canino
  • Agustín Sánchez-Medina


Identifying the factors that contribute to the success of new ventures is a difficult and challenging task. In that respect, this paper proposes an analysis of the intellectual capital within new business ventures. Based on the study of a sample of 130 new companies, for the purpose of this work we have analysed the influence of the proposed intangible assets on the success of newly-created organizations, acknowledging the key role of the human and relational capital in the first few years of the life of the business.


New ventures Intellectual capital Success Intangible assets 


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© Springer Science + Business Media, LLC 2010

Authors and Affiliations

  • Esther Hormiga
    • 1
    Email author
  • Rosa M. Batista-Canino
    • 2
  • Agustín Sánchez-Medina
    • 2
  1. 1.Economics and Business Organization Department, Facultat d’Economia i EmpresaUniversitat de BarcelonaBarcelonaSpain
  2. 2.Economics and Business Organization DepartmentFacultad de CCEE y Empresariales, Universidad de Las Palmas de Gran CanariaLas PalmasSpain

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