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Entrepreneurship and social network development

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conference contribution
posted on 06.12.2017, 00:00 by K Klyver
This study examined how entrepreneurs’ social networks develop during the entrepreneurial process from the start-up initiative to the operations of an established business. Random samples of entrepreneurs in different stages of the entrepreneurial process were identified through the Danish GEM (Global Entrepreneurship Monitor) and their social networks were statistically analysed. It was found that entrepreneurs’ social networks in the emergence stage are more convergent – small, close and dense – compared to entrepreneurs’ social networks in later stages of the entrepreneurial process. Convergent networks support activities and decisions about testing and exploiting given directions, implementing strategies, creating internal consensus and maintaining relationships in established networks. As entrepreneurs move forward in the entrepreneurial process, their social networks become more divergent – they become more extensive and diverse, with many structural holes. Divergent networks support activities and decisions associated with exploring and expansion in different directions, creating ideas and strategies, and building relationships.

Funding

Category 1 - Australian Competitive Grants (this includes ARC, NHMRC)

History

Editor

Kennedy J; Di Milia V

Parent Title

Proceedings of the 20th ANZAM Conference [electronic resource] : Management : pragmatism, philosophy, priorities

Start Page

1

End Page

20

Number of Pages

20

Start Date

01/01/2006

ISBN-10

1921047348

Location

Yeppoon, Qld.

Publisher

Australian and New Zealand Academy of Management

Place of Publication

Lindfield, NSW

Peer Reviewed

Yes

Open Access

No

External Author Affiliations

Australian Graduate School of Entrepreneurship; International conference;

Era Eligible

No

Name of Conference

Australian and New Zealand Academy of Management. International conference

Exports

CQUniversity

Exports