The 4 Main Tensions in Start-ups

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Start-up Companies > Best Practices

Paula Kokare, Project Manager, Switzerland
Wakee and De Weerd-Nederhof (2008) researched what types of functions or "capitals" (high-tech) start-ups are facing - and need to manage, balance and overcome - during their . These four fundamental functions/capitals include:
  • GOAL ACHIEVEMENT FUNCTION / STRATEGIC CAPITAL: includes capabilities/capital that enable actors to decide about the direction to develop and enforces alignment of resources to achieve certain goals. Examples of these include power, ability to dominate, social role and position.
  • PATTERN DEVELOPMENT AND MAINTENANCE FUNCTION / CULTURAL CAPITAL: represents the identity of the organization in the form of the culture and artifacts supporting it to encourage learning and development.
  • ECONOMIC FUNCTION / ECONOMIC CAPITAL: defined as potentially accessible resources and benefits that would be available to the organisation in case of economic exchange between the start-up and the environment.
  • SOCIAL FUNCTION / SOCIAL CAPITA (...) Read more? Sign up for free

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