Social Capital And Strategy Effectiveness An Empirical Study Of Entrepreneurial Ventures In A Transition Economy
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Social Capital and Strategy Effectiveness: An Empirical Study of Entrepreneurial Ventures in a Transition Economy by I. Manev,T. Manolova,B. Gyoshev,J. Harkins Pdf
Although new ventures’ competitive positioning and their founders’ social networks are both recognized as important in the context of transition economies, not much is known about their multiplicative effect on performance. We build on the strategic management literature and social network theory to develop theoretical predictions about the role of competitive strategies and social capital for entrepreneurial performance. These are tested with survey data from Bulgaria. We find that both the venture’s competitive strategic positioning and the founder’s networking positively influence performance. The hypothesized moderating effect of networking for the relationship between differentiation strategy and performance received only tentative support. Contrary to expectations, we find a negative moderating effect of networking for the relationship of cost leadership with performance. These results suggest that the entrepreneur’s network plays a role in shaping how strategies influence performance by possibly upholding differentiation and deemphasizing cost leadership strategy. Implications for managerial practice and public policy are discussed.
The Strategic Value of Social Capital by Francesca Masciarelli Pdf
This is an outstanding book by an outstanding scholar. This is the first book to really explain what social capital means and how and why firms generate value and profit from social capital. The author combines a rigorous approach to empirical evidence in support of her arguments with new theoretical insights. This is a "must read" for all those concerned with firm competitiveness, knowledge acquisition and social capital theory.' - Michael G. Hobday, University of Sussex, UK This groundbreaking book explores whether, how and why firms may generate value from social assets. Based on original empirical evidence, this is the first book that systematically integrates different approaches to social capital and develops a new and more comprehensive framework that relates social capital to various firm's strategies. The author delves deeply into the nature, dimensions and dynamics of social capital deploying research and analytical techniques from a wide variety of disciplines including, the theory of the firm, entrepreneurship, regional studies, strategic management, international business and innovation studies. Francesca Masciarelli provides insights into a new multilevel configuration of social capital and supports this with an abundance of empirical evidence.
Theory and Empirical Research in Social Entrepreneurship by Phillip H. Phan,Sophie Bacq,Mattias Nordqvist Pdf
Scholars and policy makers have long recognized entrepreneurship as a powerful engine of economic growth. There is clear evidence, however, that when it comes to social entrepreneurship, policy attention has not been matched by growth in scholarly rese
Entrepreneurial Finance, Innovation and Development by Vi Dung Ngo,Duc Khuong Nguyen,Ngoc Thang Nguyen Pdf
Entrepreneurship is now unanimously considered a major engine for socio-economic development, mainly because it creates jobs and innovation. Governments around the world pay special attention to removing entrepreneurial barriers in order to support development via different policies, especially entrepreneurial finance. Developing, emerging and transition economies (DETEs) significantly differ from industrialized countries because of their specific conditions: institutions, infrastructure facilities, and bureaucratic procedures within the administrative system. Thus, firms and their entrepreneurs in and from DETEs may behave differently, particularly in terms of their financial strategies. Therefore, contextualizing is critical to better understand the relationship between entrepreneurial finance, innovation, and development in DETEs. This book provides a systematic and profound understanding of how finance, entrepreneurship, innovation, and their interactions contribute to economic development in DETEs, which cover a large number of countries in Asia, Central and Eastern Europe, Latin America, and Africa. The book mainly includes empirical studies and is divided into four parts. Part A includes four chapters which adopt a multinational approach to examine different sources and types of finance for entrepreneurship and small business in different groups of countries classified as DETEs. Part B also includes four chapters and focuses on entrepreneurial finance in specific countries belonging to the DETEs. Part C goes beyond the business scope of entrepreneurial finance and includes three chapters concerned with the relationship between finance, women's entrepreneurship, and poverty. Part D includes three chapters focusing on the comparison within developing countries as well as between developing and developed countries. This essential and comprehensive resource will find an audience amongst academics, students, educators, and practitioners, as well as policymakers and regulators.
Entrepreneurship, Social Capital and Governance by Charlie Karlsson,Börje Johansson,Roger Stough Pdf
This book highlights the role of entrepreneurship, social capital and governance for regional economic development. In recent decades, many researchers have claimed that entrepreneurship is the most critical factor in sustaining regional economic growth. However, most entrepreneurship research is undertaken without considering the fundamental importance of the regional context. Other research has emphasized the role of social capital but there are substantial problems in empirically relating measures of social capital to regional economic development. The expert contributors to this work highlight the role of governance in regional growth, an area that has so far been relatively under-researched, underpinning their findings with new theoretical and empirical evidence. They conclude that the relationship between entrepreneurship, social capital and governance in factors affecting regional economic development are complex and interdependent, and that to influence these factors and the relationship between them, policymakers must have a long-term perspective and be both patient and persistent in their efforts. This enlightening book will be of great interest to academics, students and researchers across a range of fields including regional science, regional economics, economic geography, regional planning, public policy, entrepreneurship, political science and economic sociology. Policymakers involved in regional policymaking from national down to regional and local levels will also find the book to be an illuminating read.
Entrepreneurship, Human Capital, and Regional Development by Rui Baptista,João Leitão Pdf
This book makes original contributions to the literature on clusters, human capital, and regional development by focusing on the link between entrepreneurship and economic growth, aiming for a better understanding of the dynamics of growth determined by the entrepreneur’s action in the regional space. The focus is therefore on critical reflection and rethinking the articulation between three levels of analysis of economic systems, namely entrepreneurship, human capital and regional development, which have not so far been perfectly articulated in the literature of reference on endogenous growth. Although there has been significant research so far into the success and failure of clusters, the implications of these multiple research efforts fail to provide political decision-makers and company managers with critical information about which mechanisms lie behind cluster success and also about how clusters survive and prosper. The innovative approaches presented in this book on entrepreneurship, human capital mobility and regional development have considerable potential to create new and original implications for decision-makers and managers. In terms of value added, this book contributes to the literature by seeking answers to the following questions: (i) Is the growth and success of clusters over time due to concentration and transmission of business competences through spin-offs located in a given regional space? (ii) Does increased density of job options outside the workplace contribute to increased mobility of human capital between firms located within clusters, and so improve coordination in the local labor market? (iii) Do spin-offs benefit from hiring workers from successful incumbents, inasmuch as those workers are expected to perform better than other workers from different origins? Integrating theoretical frameworks, empirical research, and regional case studies (from Portugal, Spain, Norway and Turkey), the editors and contributors demonstrate that the regional dynamics of industry growth are strongly influenced by the mobility of employees towards new firms.
Social Entrepreneurship by Anders Lundström,Chunyan Zhou,Yvonne von Friedrichs,Elisabeth Sundin Pdf
This contributed volume features state-of-the-art research from ten different countries on implementation, institutionalization and the future prospects of social entrepreneurship. This volume aims at bringing together research that considers the context of economy, politics and cultural issues combining with the needs of social and human development. By conceptualizing the notion of social entrepreneurship and societal entrepreneurship, this volume aims to disseminate the numerous streams of research and theory of social entrepreneurship to educators, libraries, scholars, non-profit researchers, public policy makers, practitioners, undergraduate and graduate students, and any organization or person interested in staying abreast of advances in this area. It is also an important reference book for teachers, students and faculty interested in conducting research or teaching social entrepreneurship.
Social Capital in the Knowledge Economy by Hans Westlund Pdf
This book analyzes the social capital of the growing knowledge economy, from both theoretical and empirical points of view. The theoretical section discusses social capital as an economic concept, developing a theory of the social capital of the enterprise. The empirical section compares aspects of the social capital of three different socio-economic systems: the US, Japan and Sweden. The book discusses a number of issues for further research.
Social Capital and Entrepreneurship by Phillip H. Kim,Phillip Kim,Howard Aldrich Pdf
Social Capital and Entrepreneurship concludes by examining the tension between the properties of social networks used in entrepreneurship researchers' models and the limited perspective on networks available to practicing entrepreneurs.
Handbook of Social Capital and Regional Development by Hans Westlund,Johan P. Larsson Pdf
The role of social capital in regional development is a multifaceted topic which is studied all over the world using various methods and across numerous disciplines. It has long been evident that social capital is important for regional development, however, it is less clear how this works in practice. Do all types of social capital have the same effects and are different kinds of regions impacted in the same way? This book is the first to offer an overview of this rapidly expanding field of research and to thoroughly analyse the complex issue of social capital and regional development.
Young Presidents' Organization and Entrepreneurship by A. Scott Nikki Pdf
Previous research has indicated that social capital and social effectiveness may have positive influences on entrepreneurial venture success. While the concept of social capital has been a popular topic in research fields, including both social science and economics, few empirical studies have considered the effect of both social capital and social effectiveness in conjunction with the success of ventures created by entrepreneurs. The Young Presidents' Organization (YPO) is a worldwide organization created in 1950 to provide education and support for executives who found themselves in leadership positions with few peers. Today that organization has grown to over 18,000 members. This study surveyed the members of YPO and examined their social capital structure and their social effectiveness utilizing the Political Skills Inventory instrument, and compared both variables with various levels of success metrics.
The Social Capital of Entrepreneurial Newcomers by Robert Lee Pdf
'Lee takes the oft cited belief that entrepreneurial endeavour lives and dies by the quality of the networks set in play, and subjects it to a rigorous and sustained analysis. In this he not only provides the reader with an authoritative theoretical and empirical foray into how entrepreneurs can create and sustain different forms of social capital, he does so with a strong sense of how power frames and taints its acquisition and use. Lee1s book is a valuable contribution to our understanding of how in entrepreneurial activity, as in many walks of life, it is those with already established status who set the agenda by which opportunity and its pursuit is constituted'. Robin Holt, Professor of Entrepreneurship, Politics and Society, Copenhagen Business School, Denmark Robert Lee drives forward the agenda of socially-situated cognition research, moving beyond a static model of entrepreneurial cognition and offering instead a dynamic, socially embedded, communication-based perspective. He breaks from the traditional focus on either the individual entrepreneurial agent or the social and institutional context of entrepreneurship and makes a serious and skilful effort to provide an integrative understanding of the entrepreneur as placed in a complex, relational and ambiguous context. Recognising that entrepreneurship is both cognitive and relational, he plays with the idea of power within legitimacy creation and through this illustrates the ultimately distributed nature of entrepreneurial processes. This book adds to the growing domain of socially-situated entrepreneurial cognition research and will appeal to those interested in understanding the connection between cognition, communication and legitimacy in the context of entrepreneurship. Jean Clarke, Professor of Entrepreneurship and Organization, Leeds University Business School, University of Leeds, UK ‘In a very welcome contribution to the literature, Robert Lee explores the social capital mobilised by entrepreneurs and develops a communicative action approach that yields important insights into how would-be entrepreneurs achieve legitimacy through navigating the complex web of power and status relations in which they are enmeshed. This book will appeal not only to those interested in entrepreneurship, but also be a valuable reference source for those interested in the workings of social capital’. Michael Bresnen, Professor of Organisation Studies, Alliance Manchester Business School, University of Manchester, UK This book presents a novel and intellectually stimulating account of the understudied links between entrepreneurial newcomers’ bridging ties and their networked cognition. With a paucity of research addressing cognitively specific features of networked language and conduct, The Social Capital of Entrepreneurial Newcomers explores how entrepreneurial newcomers attune their cognition when interacting with high status and powerful vertical bridges. Largely reflecting communication accommodation perspectives, the author theoretically and empirically examines entrepreneurial newcomers’ cognitive ‘convergence’ and ‘divergence’ when bridging.
Economic Development and Entrepreneurship in Transition Economies by Jovo Ateljević,Jelena Trivić Pdf
This book contributes to a better understanding of entrepreneurship in transition economies. Current literature reflects the more traditional schools of thought on entrepreneurship, which are influenced by the Western perspective, and fail to fully address the scenario in transition economies. There is a broad consensus among academics, policy makers, and practitioners that a fundamental cause of difficulties experienced by most economies in transition has been the fact that reform has not been accompanied by the creation of new, private businesses, and particularly SMEs. This is especially evident in states created in Europe after the dissolution of the Soviet Union where many barriers, which were inherited from the old system, remain in place, thus inhibiting entrepreneurial progress in these countries despite a favorable political and economic environment. The contributions featured in this book focus on how much progress has been achieved so far with regard to these aspects, as well as identify which current barriers and issues still need to be resolved. Themes include innovation performance, financing, venture capital, educational factors, and entrepreneurial learning.
Author : David B. Audretsch,Albert N. Link Publisher : Springer Page : 210 pages File Size : 52,5 Mb Release : 2016-02-05 Category : Business & Economics ISBN : 9783319266770
Essays in Public Sector Entrepreneurship by David B. Audretsch,Albert N. Link Pdf
This book explores public sector entrepreneurship from an international perspective. It features essays from eminent scholars in the field addressing entrepreneurial public policies from different countries. Public sector entrepreneurship is at the cusp of becoming a watchword in international policy circles. This book is a pioneer volume in this emerging field and provides topics and policies that are broadly applicable across different economies. Public sector entrepreneurship refers to innovative public policy initiatives that generate greater economic prosperity by transforming a status-quo economic environment into one that is more conducive to economic units engaging in creative activities in the face of uncertainty. In today’s economy, public sector entrepreneurship affects that transformation primarily by increasing the effectiveness of knowledge networks; that is, by increasing the heterogeneity of experiential ties among economic units and the ability of those same economic units to exploit such diversity. Through policy initiatives that are characterized by public sector entrepreneurship, there will be more development of new technology and hence more innovation throughout the economy.
Networks, Trust, and Social Capital by Sokratis M. Koniordos Pdf
The concepts of social networks, social capital and trust have become indispensable conceptual tools for the analysis of post-industrial/late-modern societies. This is the first book to study the interrelationships between these important concepts both theoretically and empirically. Drawing on empirical investigations from a range of diverse European social contexts, the contributors develop an economic sociology that builds on and extends established theoretical perspectives.
