Using comprehensive data of Japanese firms, including small-sized and unlisted firms, this paper empirically analyzes the relationship of initial public offerings (IPOs) and the governing boards. The results show that board size, interlocks with other firms, and interlocks with other listed...

Governing board interlocks composed from bipartite networks with firms and governing board members diffuse management knowledge and information between firms. In this research, we analyzed governing board interlocks in the IT sectors empirically and reveal that interlocks with both listed firms...

This research analyzes how human capital and social capital may impact business start-up activities by dividing the business start-up process into three stages and two periods. It shows that the kind of social capital involved in setting up a company differs from that required for the...

In this paper, we analyze the effect of social capital and human capital on the entrepreneurial process. The necessary social capital for completing the exploitation of entrepreneurship opportunities and gaining first profit has been verified to be quite different. It has also been proven that a...