Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/159642
Authors: 
Santarelli, Enrico
Thu Tran, Hien
Year of Publication: 
2012
Series/Report no.: 
Quaderni - Working Paper DSE 803
Abstract: 
This study investigates the effects of human capital, social capital and their interaction on the performance of 1,398 Vietnamese new-born firms. Operating profit is used as the measure of success. Human capital is captured by individual-level professional education, start-up experience, and learning. Whereas the first two dimensions of human capital are measured with traditional indicators, we define learning as ability to accumulate knowledge to conduct innovation activities (new product introduction, product innovation and process innovation). Social capital is measured as benefits obtained from personal strong-tie and weak-tie networks. Key findings are three-fold: (i) human capital strongly predicts firm success, with learning exerting a statistically significant positive impact on operating profit; (ii) benefits from weak ties outweigh those from strong ties; (iii) interaction of human capital and social capital displays a statistically significant positive effect on new-firm performance.
JEL: 
L26
L25
L14
J24
O53
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Working Paper

Files in This Item:
File
Size
394.02 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.