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A Network Perspective of Communication Capital and New Venture Creation in Organizations
Unformatted Document Text:  A Network Perspective of Communication Capital and New Venture Creation in Organizations Maria Aggestam Department of Business Administration Lund University, Sweden Abstract This paper is an examination of the relationship between communication capital and new venture creation in the light of the network perspective. The objective is to contribute to discourse among researchers and practitioners concerning the role of communication capital in constructing successful organizations. A review of the literature indicates that communication capital is related to networking, and that personal factor, prior knowledge, knowing and communicating combine to raise the levels of alertness and increase the likelihood of new venture creation in organizations. The present article seeks to advance theoretical knowledge about communication capital by synthesizing research into a conceptual framework that may explain the processes of networking as a critical asset in the economic activities of organizations. The thesis of this paper is that communication capital is an entrepreneurial competency grounded in networking embedded and embodied in various environments and interdependent with the creation of new ventures. The construct of communication capital is largely based upon communication and networking perspectives and emphasizes (1) human potential grounded in knowledge and knowing (2) communicating actors, and (3) human-environment-networking. 1

Authors: Aggestam, Maria.
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A Network Perspective of Communication Capital and New Venture
Creation in Organizations
Maria Aggestam
Department of Business Administration
Lund University, Sweden
Abstract
This paper is an examination of the relationship between communication capital
and new venture creation in the light of the network perspective. The objective
is to contribute to discourse among researchers and practitioners concerning the
role of communication capital in constructing successful organizations.
A review of the literature indicates that communication capital is related to
networking, and that personal factor, prior knowledge, knowing and
communicating combine to raise the levels of alertness and increase the
likelihood of new venture creation in organizations. The present article seeks to
advance theoretical knowledge about communication capital by synthesizing
research into a conceptual framework that may explain the processes of
networking as a critical asset in the economic activities of organizations. The
thesis of this paper is that communication capital is an entrepreneurial
competency grounded in networking embedded and embodied in various
environments and interdependent with the creation of new ventures. The
construct of communication capital is largely based upon communication and
networking perspectives and emphasizes (1) human potential grounded in
knowledge and knowing (2) communicating actors, and (3) human-
environment-networking.
1


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