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The Influence of Networks and Social Capital on Entrepreneurs

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:13046

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.

Networks and Social Capital on Entrepreneurs

The Influence of Networks and Social Capital on Entrepreneurs
 
Instruction:
Entrepreneurial activity becomes a hot topic around the world. More and more countries pay high attention on the issue. No matter in developing countries or in developed countries, entrepreneurs is not only influenced by labor capital and financial capital, but also be influenced by networks and social capital. Social capital and networks occupy a crucial status for entrepreneurs. They play a key part in entrepreneurial opportunity recognition, trade fees, and personal characters. And all of these variable factors have a directly impact on entrepreneurs’ performance. The essay is intended to analyze the influence of networks and social capital on entrepreneurs and to put forward different ways to build effective networks and social capital. The first part will mainly discuss one function of the networks and social capital is to help entrepreneurs discover entrepreneurial opportunity; the second part will mainly discuss another influence of network and social capital on entrepreneurs is to help them bring in more money and have a enough financial capital. And then the third part will discuss networks and social capital plays an important part in entrepreneurial sources. Last but not least, the essay will also put forward the effective methods to improve the networks and social capital’ functions.
 
Main body
1. The influence of the network and social capital on entrepreneurial opportunity
Entrepreneur opportunity is a personal or organization action that collect new resources to create new way and believe the action could bring in much more profit (Eckhardt and Shame, 2003). Eckhardt and Shame content that entrepreneur opportunity derives from five resources: problem, change, invention and creation, competition, new technology and new information. They also declaim that entrepreneurs’ basic character is to discover new opportunity and have an alert on opportunity recognition.
The network of entrepreneurs is the main resource of entrepreneurial opportunity. Hills and other economists discover that over 50% catch the entrepreneurial opportunity through network. (Hill, Lumpkin and Sign, 1997) Aldrich and Zimmer hold an opinion that social network is linked with entrepreneurs, entrepreneurial opportunity and entrepreneurial resources. (Aldrich and Zimmer, 1986) Shane and Venkataraman declaim that the level of network support has a direct impact on the level of entrepreneurial opportunity discovery. This is because that network could build up and strengthen entrepreneurs’ confidence.
 
1.1. Social capital and network stimulate entrepreneurs discover opportunity
In terms of entrepreneurs, social capital offers them the network which could help them discover the entrepreneurial opportunity more easily. Entrepreneurs could make full use of their own social networks to get useful information and relative information, so that they could recognize the opportunity firstly and catch the chance immediately. However, entrepreneurial opportunity recognition is influenced by entrepreneurs’ knowledge, vision and the capacity to master relative information. However, the social capital of entrepreneurs has obvious impact on gaining knowledge and information..
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