The Influence of Networks and Social Capital on Entrepreneurs [6]
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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.
of the entrepreneurial resources. Relationship network is not only a kind of entrepreneurial resources; it is also a kind of catalyst for other entrepreneurial resources. It is obvious that entrepreneur’s with a rich relationship network owns more entrepreneurial resources and make better use of those resources
For example, in the 1970s, technology developed very quickly. It was more obvious in micro electronic technique. Renewal cycle of products is highly reduced. Computer market became the hottest market in the age. More and more companies around the world would like to join the field in which have high risks but high profit. IBM, as a multinational computer organization was facing an embarrassing situation attributing to appearing many competitors. So how to allocate the entrepreneurial resources became the core for IBM to solve the problem. IBM had to take ventures and started to change the company system. It divided its share to almost every staff in the company. And it really made a good result. IBM brought in many entrepreneurial resources and put this money into technology research and development. At that time, most of companies face the risk of broking down, but IBM was take full use of its own resources and still made profit.
3.1. The resources of social capital on gaining entrepreneurial resources
Some resources and capacity are born with entrepreneurs, but others are from markets.(Coase,1988). In other words, entrepreneurs are not able to own all the resources, so they have to gain resources they lack from different channels. .
For example, in China, Network is an important method of social resources allocation. Nan Lin contends that the social resources, which are inserted in network, like treasure, privileges, reputations, could gain from others through social network. Furthermore, In a reasonable social-level structural system, if the weak ties play the leading role in networks, the entrepreneurs will be more benefit from the benefit.(Nan Lin,1981).Social net work plays a significant part for entrepreneurs gaining social resources. Different social network could offer different entrepreneurial resources.
An entrepreneurial ship is made up of labor resources, technique resources, finance resources and information resources. (Birley and Norburn, 1985) All of the above resources are not only gaining from the individuals, they have to be brought in by social networks. An entrepreneur is not enough for a company; it also includes finance management department, sales department, market development department and other necessary department. Only in this way could the enterprise move smoothly.
The social network of entrepreneurs could help him or her discover the people with same interest. In other words, network brings in the right human resources for entrepreneurs. In China, technology limit is a key obstacle for the small businesses. However, entrepreneurs of China could gain the technology or technique support through network.
All of the resources including finance resources are important to entrepreneurs; however, the social network is the most key resources. Social network is not only the basis stone of the entrepreneurs, but also the stimulation of bringing in other resources. Personal social relationships are a push to social network resources. However, social network for entrepreneurs is an important resource with a wide application range and de
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