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Proceedings of the 3rd European Conference on Intellectual Capital

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8. Discussi<strong>on</strong> and c<strong>on</strong>clusi<strong>on</strong>s<br />

Anna Romiti and Daria Sarti<br />

Results highlight that all five factors are relevant for s<str<strong>on</strong>g>of</str<strong>on</strong>g>t (explorative) networks (see figure 1) and that<br />

<str<strong>on</strong>g>the</str<strong>on</strong>g>re are differences in <str<strong>on</strong>g>the</str<strong>on</strong>g> importance <str<strong>on</strong>g>of</str<strong>on</strong>g> critical factors for hard and s<str<strong>on</strong>g>of</str<strong>on</strong>g>t networks. Specifically, <str<strong>on</strong>g>the</str<strong>on</strong>g><br />

factors which behave differently are: ec<strong>on</strong>omic commitment, proactivity and potential asborptive<br />

capacity (see figure 1 and 2). These three factors play a more relevant role in <str<strong>on</strong>g>the</str<strong>on</strong>g> evoluti<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> s<str<strong>on</strong>g>of</str<strong>on</strong>g>t<br />

networks than in hard networks.<br />

absorptive<br />

potential<br />

commitment<br />

proactivity<br />

3<br />

2,5<br />

2<br />

1,5<br />

1<br />

0,5<br />

0<br />

Case A Case B<br />

Figure 1: The five dimensi<strong>on</strong>s for s<str<strong>on</strong>g>of</str<strong>on</strong>g>t or explorative networks<br />

absorptive<br />

potential<br />

commitment<br />

proactivity<br />

3<br />

2,5<br />

2<br />

1,5<br />

1<br />

0,5<br />

0<br />

Case C Case D<br />

Figure 2: The five dimensi<strong>on</strong>s for hard or exploitative networks<br />

brokership<br />

brokership<br />

hyerarchical<br />

c<strong>on</strong>trol<br />

hyerarchical<br />

c<strong>on</strong>trol<br />

While s<str<strong>on</strong>g>of</str<strong>on</strong>g>t networks (case A and B) show an <str<strong>on</strong>g>of</str<strong>on</strong>g>fensive resp<strong>on</strong>se to external stimuli, hard networks<br />

(case C and D) show a defensive behaviour. At <str<strong>on</strong>g>the</str<strong>on</strong>g> same time, while s<str<strong>on</strong>g>of</str<strong>on</strong>g>t networks show a higher<br />

degree <str<strong>on</strong>g>of</str<strong>on</strong>g> entrepreneurship development, hard networks do not. Fur<str<strong>on</strong>g>the</str<strong>on</strong>g>r, c<strong>on</strong>sidering <str<strong>on</strong>g>the</str<strong>on</strong>g> amount <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

equity as an ec<strong>on</strong>omic commitment dimensi<strong>on</strong>, results show that while hard networks show a<br />

medium-low level <str<strong>on</strong>g>of</str<strong>on</strong>g> investment, s<str<strong>on</strong>g>of</str<strong>on</strong>g>t networks invest heavily in network creati<strong>on</strong> and development.<br />

365

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