Purpose – The purpose of this paper is to uncover the strategic nature of formal seed capital in Norway as opposed to equally sized venture capital firms. Design/methodology/approach – As the population of Norwegian seed capital firms is embedded in this study, a differential approach is...

In this article, intellectual capital is seen as complementary capacities of competence and commitment. Based on theoretically and empirically robust human capital theory, we define intellectual capital as individuals’ complementary capacity to generate added value and thus create wealth....

A model of entrepreneurial capital is presented.Extending the idea of intellectual capital, entrepreneurial capital is definedas a multiplicative function of entrepreneurial competence and entrepreneurialcommitment. The relationship between competence and commitment is argued to...