Mobilizing human and social capital under industry contexts to pursue high-tech entrepreneurship

Entrepreneurship is increasingly recognized as a critical enabling driver to the business enterprises and the economic growth of nations. Accordingly, how to promote entrepreneurship has become a critical concern among academic scholars and business practitioners. The purpose of this study is to investigate how entrepreneurs mobilize their human and social capital under industry contexts to pursue entrepreneurship. Two prominent cases, Trend Micro (an anti-virus company) and Taiwan Semiconductor Manufacturing Company Ltd. (a semiconductor foundry company), are used to illustrate how entrepreneurs' human capital and social capital fit with industry environment to identify opportunity and how entrepreneurs' social capital can bring resources to transform the opportunity into successful new ventures. Managerial implications and future research directions are discussed.