The foreign development of high-tech start-ups is an important issue, since international activity requires specific knowledge that new firms may find it difficult to locate and acquire. It has been found that the pattern of foreign development in high-tech start-ups differs from that of...

In this paper, we use social capital theory to discuss the growth of "international new ventures", aiming to verify whether or not social capital may be considered as a critical source of knowledge acquisition abroad. We analyse social capital embedded in vertical relationships between global...