TY - JOUR
T1 - Why networks enhance the progress of new venture creation
T2 - The influence of social capital and cognition
AU - De Carolis, Donna Marie
AU - Litzky, Barrie E.
AU - Eddleston, Kimberly A.
PY - 2009
Y1 - 2009
N2 - Why does social capital influence the progress of new venture creation for some entrepreneurs more than others? Our investigation suggests that social capital is not enough; that the type of person involved in network relationships matters to new venture creation. We test the effects of the interplay of social capital and cognition on a sample of 269 entrepreneurs. Our results confirm that social networks and relational capital enhance levels of illusion of control, which is directly related to the progress of new venture creation. We find marginal support for the relationship between social capital and risk propensity.
AB - Why does social capital influence the progress of new venture creation for some entrepreneurs more than others? Our investigation suggests that social capital is not enough; that the type of person involved in network relationships matters to new venture creation. We test the effects of the interplay of social capital and cognition on a sample of 269 entrepreneurs. Our results confirm that social networks and relational capital enhance levels of illusion of control, which is directly related to the progress of new venture creation. We find marginal support for the relationship between social capital and risk propensity.
UR - http://www.scopus.com/inward/record.url?scp=62249174426&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=62249174426&partnerID=8YFLogxK
U2 - 10.1111/j.1540-6520.2009.00302.x
DO - 10.1111/j.1540-6520.2009.00302.x
M3 - Article
AN - SCOPUS:62249174426
SN - 1042-2587
VL - 33
SP - 527
EP - 545
JO - Entrepreneurship: Theory and Practice
JF - Entrepreneurship: Theory and Practice
IS - 2
ER -