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Intellectual capital and new ventures: the entrepreneur's cognizance of company management

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Knowledge Management Research & Practice

Abstract

The purpose of this research is to analyse the intellectual capital gauges most often utilized by entrepreneurs in the management of new ventures and to relate the use of these gauges to business performance. On the basis of interview data collected from 103 entrepreneurs, we provide evidence that the use of such measuring techniques impacts positively on overall business performance. Moreover, the results indicate that those entrepreneurs utilizing some form of intellectual capital (IC) measurement have superior results. Consequently, we highlight the importance of detecting, measuring and utilizing IC for new ventures stressing the potential benefits that such analysis can have on the initial steps taken by an entrepreneur in venture formation and business development.

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Authors and Affiliations

  1. University of Barcelona, Spain

    Esther Hormiga & Jaume Valls-Pasola

  2. University of Chester, United Kingdom

    Connie Hancock

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  1. Esther Hormiga
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  2. Connie Hancock
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Correspondence to Esther Hormiga.

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Hormiga, E., Hancock, C. & Valls-Pasola, J. Intellectual capital and new ventures: the entrepreneur's cognizance of company management. Knowl Manage Res Pract 11, 208–218 (2013). https://doi.org/10.1057/kmrp.2013.16

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