The role of social networks at different stages of business formation

Klyver, Kim and Hindle, Kevin 2007, The role of social networks at different stages of business formation, Small enterprise research : the journal of SEAANZ, vol. 15, no. 1, pp. 22-38.

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Title The role of social networks at different stages of business formation
Author(s) Klyver, Kim
Hindle, Kevin
Journal name Small enterprise research : the journal of SEAANZ
Volume number 15
Issue number 1
Start page 22
End page 38
Publisher Institute of Industrial Economics, University of Newcastle
Place of publication Newcastle, N.S.W.
Publication date 2007
ISSN 1321-5906
Summary This study empirically tests the fundamental assumption that social networks are important to entrepreneurs. This assumption underpins most social network research conducted in the field of entrepreneurship and is seldom questioned. Empirical data were drawn from Australia’s participation in the Global Entrepreneurship Monitor project (GEM) from 2000- 2005 – an aggregate sample of 14,205 randomly selected Australians. The study demonstrated: (1) statistically significant differences in social networks when entrepreneurs and non-entrepreneurs are compared and (2) that the structural diversity of social networks changes during the entrepreneurial process. It was found that structural diversity was most important to entrepreneurs in the discovery stage, least important to entrepreneurs in the start-up stage and of medium importance to entrepreneurs in the young business stage.
Language eng
Field of Research 140299 Applied Economics not elsewhere classified
HERDC Research category C1.1 Refereed article in a scholarly journal
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Document type: Journal Article
Collections: Faculty of Business and Law
School of Management and Marketing
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