Inside the Innovation Ecosystem: Embeddedness, Venture Type and Social Tie Development in Nascent Ventures

Abstract

This research presents a series of testable propositions examining the context of the innovation ecosystem and the role of start-up types and the founders’ relationships with social tie development in the venture’s early stages. Studies suggest that, in general, social capital provides a compelling focal point for new venture creation activity. We incorporate the innovation ecosystem concept to further explicate the role of contextual factors in the development and utilization of social capital in the early venture stages.