Journal article
Why Networks Enhance the Progress of New Venture Creation: The Influence of Social Capital and Cognition
Entrepreneurship theory and practice, v 33(2), pp 527-545
01 Mar 2009
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
Why does social capital influence the progress of new venture creation for some entrepreneurs more than others? Our investigation suggests that social capital is not enough; that the type of person involved in network relationships matters to new venture creation. We test the effects of the interplay of social capital and cognition on a sample of 269 entrepreneurs. Our results confirm that social networks and relational capital enhance levels of illusion of control, which is directly related to the progress of new venture creation. We find marginal support for the relationship between social capital and risk propensity.
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Details
- Title
- Why Networks Enhance the Progress of New Venture Creation: The Influence of Social Capital and Cognition
- Creators
- Donna Marie De Carolis - Drexel UniversityBarrie E. Litzky - Pennsylvania State UniversityKimberly A. Eddleston - Universidad del Noreste
- Publication Details
- Entrepreneurship theory and practice, v 33(2), pp 527-545
- Publisher
- Sage
- Number of pages
- 19
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Charles D. Close School of Entrepreneurship
- Web of Science ID
- WOS:000263966000009
- Scopus ID
- 2-s2.0-62249174426
- Other Identifier
- 991019169912704721
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- Collaboration types
- Domestic collaboration
- Web of Science research areas
- Business