Universidad Social Capital and the Competitiveness of Entrepreneurs: A Review of the Literature and Proposals

Fornoni, Mariel; Más‐Verdú, Francisco; Soriano, Domingo Ribeiro; Dobón, Salvador Roig

doi:10.1007/978-3-540-70902-2_13

Cited by 1 publication

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References 38 publications

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“…According to socio-cultural theories, an entrepreneur often adopts the attitudes or behaviors of others in his social networks [2,3]. e basic idea is that the entrepreneur or top managerial function is inserted and developed within networks of social relationship [4]. Previous studies in management also highlighted the influence of social networks on entrepreneurs' decisions [5,6].…”

Section: Introductionmentioning

confidence: 99%

Entrepreneurs’ Social Network and Corporate Risk Contagion: A Dynamic Evaluation and Simulation Approach

Yang

Qian

2020

Complexity

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Interactions of entrepreneurs through social networks provide an available path for corporate risk contagions. However, the issue how entrepreneurs’ social networks influence on corporate risk contagion is still received limited attention from scholars. In this study, a framework is proposed to describe entrepreneurs’ interaction and corporate value creation. The main results of multiagent simulations indicate the following. First, either weak ties or strong connections of social networks can enhance density of corporate risk contagion. However, only strong connections can be moderated by entrepreneurs’ risk preference. Second, weak ties improve risk exposure of individual corporations, while strong connections may probably decrease systematical risk of the market. Third, weak ties are important for mature corporations to achieve business success. However, for startups, strong connections are more valuable to maintain. The findings of this study not only provide theoretical support from some widely accepted economic phenomenon but also provide explanations for conflicting results from some previous literatures.

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