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Exploring the antecedents of social liabilities in CVC triads--A dynamic social network perspective

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  • Weber, Christiana
  • Weber, Barbara

Abstract

This study addresses the emergence of social liabilities by taking a social network perspective on intra- and interorganizational network configurations using the hitherto unexplored example of the corporate venture capital (CVC) triad (CVC unit, corporate business unit, and portfolio company). We investigate social capital and social liability resulting from network formation and transformation and assess their impact on interorganizational knowledge transfer and creation. Examining 12 CVC triads in Germany, we identify new antecedents of social liability, show that social capital can initially facilitate knowledge transfer and creation, and that structural and personal lock-ins may eventually turn that capital into a liability. We make key theoretical contributions to the social network and CVC literature.

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  • Weber, Christiana & Weber, Barbara, 2011. "Exploring the antecedents of social liabilities in CVC triads--A dynamic social network perspective," Journal of Business Venturing, Elsevier, vol. 26(2), pages 255-272, March.
    • Handle: RePEc:eee:jbvent:v:26:y:2011:i:2:p:255-272
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    Cited by:

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    6. Patrick Röhm & Andreas Köhn & Andreas Kuckertz & Hermann S. Dehnen, 2018. "A world of difference? The impact of corporate venture capitalists’ investment motivation on startup valuation," Journal of Business Economics, Springer, vol. 88(3), pages 531-557, May.
    7. Lulu Zhou & Haiyan Huang & Xiaolin Chen & Feng Tian, 2023. "Functional diversity of top management teams and firm performance in SMEs: a social network perspective," Review of Managerial Science, Springer, vol. 17(1), pages 259-286, January.
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