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The role of intellectual capital in the success of new ventures
Authors:Esther Hormiga  Rosa M Batista-Canino  Agust??n S??nchez-Medina
Institution:(1) Economics and Business Organization Department, Facultat d’Economia i Empresa, Universitat de Barcelona, Diagonal 690, 08034 Barcelona, Spain;(2) Economics and Business Organization Department, Facultad de CCEE y Empresariales, Universidad de Las Palmas de Gran Canaria, Campus de Tafira, 35017 Las Palmas, Spain
Abstract:Identifying the factors that contribute to the success of new ventures is a difficult and challenging task. In that respect, this paper proposes an analysis of the intellectual capital within new business ventures. Based on the study of a sample of 130 new companies, for the purpose of this work we have analysed the influence of the proposed intangible assets on the success of newly-created organizations, acknowledging the key role of the human and relational capital in the first few years of the life of the business.
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