How Entrepreneurs Use Networks to Address Changing Resource Requirements During Early Venture Development

    Authors

    D. M. Sullivan;C. M. Ford

    Comments

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    Abbreviated Journal Title

    Entrep. Theory Pract.

    Keywords

    HIGH-TECHNOLOGY FIRMS; INTERFIRM NETWORKS; INTERORGANIZATIONAL; RELATIONSHIPS; EMERGING ORGANIZATIONS; TIES; PERFORMANCE; KNOWLEDGE; GROWTH; EMBEDDEDNESS; STAGE; Business

    Abstract

    Access to resources is a key challenge facing entrepreneurs during early venture development. Entrepreneurs' networks serve as a principal means of identifying and acquiring needed resources. However, different stages of venture development may address different resource dependencies, suggesting entrepreneurs' networks may need to change to meet changing resource requirements. By employing network theory and resource-dependence theory, we investigate how entrepreneurs may use networks to address changing resource needs during early venture development. Results illustrate how structural characteristics of entrepreneurs' networks at venture launch are associated with network structure and content in early venture development in ways that may promote access to newly needed resources.

    Journal Title

    Entrepreneurship Theory and Practice

    Volume

    38

    Issue/Number

    3

    Publication Date

    1-1-2014

    Document Type

    Article

    Language

    English

    First Page

    551

    Last Page

    574

    WOS Identifier

    WOS:000334042100005

    ISSN

    1042-2587

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