The Influence of Networks and Social Capital on Entrepreneurs [3]
论文作者:英语论文网论文属性:作业 Assignment登出时间:2014-06-11编辑:hynh1021点击率:13133
论文字数:4422论文编号:org201406111729136351语种:英语 English地区:中国价格:免费论文
关键词:Influence of NetworksSocial Capitalon Entrepreneurs管理策略
摘要:Social capital and network plays a key part in entrepreneurial ship. Firstly, Network and social capital not only could help entrepreneurs discover the entrepreneurial opportunity, but also stimulate entrepreneurs to have entrepreneurial assessment and make use of entrepreneurial opportunity through offering and expanding key information and important resources. Secondly, the social capital of entrepreneurs decisively influences the entrepreneurial financing resources. The content of social network decisively influences the entrepreneurs’ direction to seek for help.
neurial opportunity.
Network and social capital not only could help entrepreneurs discover the entrepreneurial opportunity, but also stimulate entrepreneurs to have entrepreneurial assessment and make use of entrepreneurial opportunity by offering and expanding key information and important resources.
Entrepreneurial opportunity recognition is only basis stone for entrepreneurial action, however, how to assess and make critical opinion of entrepreneurial opportunity is the next key step for entrepreneurs. Entrepreneurs need to collect relative information about entrepreneurial opportunity such as marketing information, price and cost information, technology tendency information and government policy information. Entrepreneurs could gain these information from external resources, however, the internal resources plays a key part in getting the significant information through management network and internal network. Especially for the management network is offering more comprehensive information. When entrepreneurs are involved in the business network, they could gain relative information about entrepreneurial assessment. In this way, they will have a correct vision of the entrepreneurial prospect and further reduce the risk of the entrepreneurial action. Furthermore, the members of personal network of entrepreneurs are always being perfect objects of enquiry. The network members’ suggestions help entrepreneurs to have a comprehensive assessment on entrepreneurial opportunity.
An entrepreneurial process with a bright future not only has the same value for all the entrepreneurs. However, entrepreneurs with a capacity of making full use of the opportunity are always who have a special ability to take advantage of the entrepreneurial opportunity. And the ability is linked very closely to the social capital of the entrepreneurs. (Christenson & Pelenson, 1990)In general, the ability of making full use of entrepreneurial opportunity is always influenced by the below factors: In the first part, the control and limit resources of entrepreneurial process is the root of the ability. Secondly, the ability is influenced by the external resources during the entrepreneurial activity. In other words, the more entrepreneurial resources the entrepreneurs gain, the stronger the ability of making full use of entrepreneurial opportunity they are. The more external resources they gain, the stronger the ability they have. The level of being involved in the social relationship of entrepreneurs has a positive effect of controlling entrepreneurial resources and gaining help form network members. Therefore, the entrepreneurs who have more resources from social network are inclined to easily make full use of the entrepreneurial opportunity. The theory is obviously expressed on advanced technology industry. For example, In April,1976, Steve Jobs started his venture. In that year, Jobs and his good friend Stephen Gay Wozniak have the same hobby for computers. All of Jobs networks is about computer. So he and his friend sold their treasures and started to open the Apple Company. Jobs took the advantage of the opportunity and made a good story in the entrepreneurial process. Because the technology is difficult to get from external public market, and has a heavily dependent on technology provider. The network including the relationship between technology provider and entrepreneurs becomes more and more important in
Entrepreneurship.
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