The impact of relational capital on the success of new business start-ups

Abstract

This study seeks to highlight the key role played by relational capital in new business start-ups. Following a review of previous research examining the success factors of new ventures and the role played by intellectual capital, our study sets out to achieve this objective by analyzing the impact of a set of intangible relational assets on the initial success of new business start-ups. Based on a study of 130 firms, we analyzed six hypotheses regarding the possible positive relationship between the relational capital of a start-up company and its success in its first few years of business.