The role of networks in the entrepreneurial process
ABSTRACT The relationship between the quality of political institutions and the performance of regulation has recently assumed greater prominence in the policy debate on the effectiveness of infrastructure industry reforms. Taking the view that political accountability is a key factor linking political and regulatory structures and processes, this article empirically investigates its impact on the performance of regulation in telecommunications in time-series--cross-sectional data sets for 29 developing countries and 23 developed countries during 1985--99. In addition to confirming some well-documented results on the positive role of regulatory governance in infrastructure industries, the article provides empirical evidence on the impact of the quality of political institutions and their modes of functioning on regulatory performance. The analysis finds that the impact of political accountability on the performance of regulation is stronger in developing countries. An important policy implication is that future reforms in these countries should give due attention to the development of politically accountable systems. Copyright The Author 2009. Published by Oxford University Press on behalf of the International Bank for Reconstruction and Development / the world bank. All rights reserved. For permissions, please e-mail: email@example.com, Oxford University Press.
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ABSTRACT: This paper examines emergence of international new ventures by combining the network approach-based internationalization research and entrepreneurial opportunity recognition research to examine the networking processes for emergence of international new ventures. Specifically we aim to find out how entrepreneurs use relationships to create a basis for emergence of an international new venture. The empirical study focuses on a single case study of opportunity realization through networking in the emergence of an international new venture. The venture under study operates in software business serving so called continental system developers and aimed from its inception to be seen as a local firm in its main foreign market of operation. The primary empirical data consists of several interviews of the entrepreneur and interviews of several actors in the networks on which the international new venture is based. As an end result of the paper we present an international new venture process that centres on an opportunity whose development is embedded in entrepreneurial development and use of networks.03/2013;
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ABSTRACT: The growth and development of SMEs in Jaffna is vulnerable due to the three decades of internal war. Even having finished the war, there is no remarkable progress in the development of SMEs in Jaffna. Thus, main objective of study is to scrutinize the severity and degree of issues of small and medium enterprises in post conflict Jaffna. The second objective is to identify the growth status of SMEs in Jaffna. Self administered Likert scale questionnaire has been employed for the analysis of study. The results bring to light the fact that mean value of assets , value of turnover and mean value of number of employees as well as growth stages of SMEs clearly show that there is very poor growth of small enterprises in Jaffna. Another finding is that the mean values of all issues of SMEs are closer to one or two indicating that small enterprises of Jaffna have been undergoing several severe problems in the growth of business in post war. Government should give more priority in policy making to the development of SMEs of North and East where as political and economic climate should be conducive to flow foreign and local investment into North and East region. This is a first empirical study in regard to SMEs after 30 years civil War in the region. This study will be giving new insights to the policy makers and government. In addition, those who are interested in developing their business in the same region can acquire valuable information and knowledge about SMEsEconomia. Seria Management. 06/2013; 16(1):39-53.
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ABSTRACT: Despite a surge of studies examining the role of social capital in the entrepreneurial process, no quantitative assessments exist of the empirical evidence to date. To resolve seemingly conflicting results, we conducted a meta-analysis of the link between entrepreneurs’ personal networks and small firm performance and identify new moderators affecting this relationship. Analyses of 61independent samples indicated that the social capital — performance link was positive and significant (rc=.211). Effect sizes of weak ties were smaller than those of structural holes, while network diversity had the largest positive effect on performance. Results also showed that the social capital — performance link depends on the age of small firms, the industry and institutional contexts in which they operate, and on the specific network or performance measures used. Based on these findings, we develop recommendations for future research on the contingent value of social capital for small firms.Journal of Business Venturing 01/2014; 29:152-173. · 3.06 Impact Factor