A review on “The internal mechanisms of entrepreneurs social capital: a multi-network analysis"
-
1
Universidad de Valladolid
info
ISSN: 2641-6948
Year of publication: 2021
Volume: 3
Issue: 1
Pages: 435-441
Type: Article
More publications in: International Journal of Tourism and Hotel Business Management
Abstract
This contribution conducts a mini review of the paper: “The internal mechanisms of entrepreneurs’ social capital: A multi-network analysis”, written by Hernández-Carrión, Camarero-Izquierdo & Gutiérrez-Cillán (2020) and published in Business Research Quarterly. The article in question evidences the existence of two social capital mechanisms which link the features of the entrepreneur’s social networks (in terms of size, diversity, cohesion and relational quality) with the strategic resources the entrepreneur has obtained through them (social capital resource exploitation). Based on a separate individual analysis of the personal and professional networks of 958 Spanish entrepreneurs, two mechanisms are shown to exist: the resource mechanism (based on the size and diversity of networks) and the exchange mechanism (based on cohesion and relational quality). Depending on the type of network considered (personal or professional), one mechanism or another will prevail.
Bibliographic References
- Adler, P.S. & Kwon, S.W. (2002). Social capital: Prospects for a new concept. The Academy of Management Review, 27(1): 17-40.
- Batjargal, B. (2003). Social capital and entrepreneurial performance in Russia: a longitudinal study. Organization Studies, 24(4): 534-556. Burt, R.S. (2000). The network structure of social capital. Research in Organizational Behaviour 22: 345-423.
- Chetty, S. & Agndal, H. (2007). Social capital and its influence on changes in internationalization mode among small and medium-sized enterprises. Journal of International Marketing, 15(1): 1-29.
- Davidsson, P. & Honig, B. (2003). The role of social and human capital among nascent entrepreneurs. Journal of Business Venturing, 18(3): 301-331.
- Gedajlovic, E. & Carney, M. (2010). Market, hierarchies and families: Toward a Transaction Cost Theory of the Family Firm. Entrepreneurship Theory and Practice, 34(6): 1145-1172.
- Gulati, R., Lavie, D. & Madhavan, R. (2011). How do networks matter? The performance effects of interorganizational networks. Research in Organizational Behavior, 31: 207-224.
- Carrión, C.H., Izquierdo, C.C. & Gutiérrez-Cillán, J. (2017). Entrepreneurs’ social capital and the economic performance of small businesses: The moderating role of competitive intensity and entrepreneurs’ experience. Strategic Entrepreneurship Journal, 11(1): 61-89.
- Carrión, C.H., Izquierdo, C.C. & Gutiérrez-Cillán, J. (2020). The internal mechanisms of entrepreneurs’ social capital: A multi-network analysis. Business Research Quarterly, 23(1): 1-19.
- Hoang, H. & Antoncic, B. (2003). Network-based research in entrepreneurship: A critical review. Journal of Business Venturing, 18(2): 165-187.
- Nahapiet, J. & Ghoshal, S. (1998). Social capital, intellectual capital, and the organizational advantage. Academy of Management Review, 23(2): 242-266.
- Payne, G.T., Moore, C.B., Griffis, S.E. & Autry, C.W. (2011). Multilevel challenges and opportunities in social capital research. Journal of Management, 37(2): 491-520.
- Putnam, R.D. (2000). Bowling alone: America’s declining social capital. In Lane Crothers and Charles Lockhart (eds.). Culture and politics. New York, NJ: Palgrave Macmillan, pp: 223-234.
- Stam. W., Arzlanian, S. & Elfring, T. (2014). Social Capital of entrepreneurs and small firm performance: A meta-analysis of temporal and contextual contingencies. Journal of Business Venturing, 29(1): 152-173.
- Zhao, H., Seibert, S.E. & Lumpkin, G.T. (2010). The relationship of personality to entrepreneurial intentions and performance: A meta-analytic review. Journal of Management, 36(2): 381-404.