Abstract

While research acknowledges the importance of founders’ education and social capital on new ventures’ international intensity, the interplay between the two is less understood. Drawing on the theories of human and social capital, I argue that education interacts positively with formal social capital but interacts negatively with informal social capital in affecting new ventures’ international intensity. GEM data on newly founded new ventures from 61 countries support my interaction hypotheses. I discuss implications for entrepreneurship theory and practice.

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