The Effect of Culture on Entrepreneurial Networks
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social networks
culture
Entrepreneurial and Small Business Operations
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Abstract
Networking is an important aspect of business. For entrepreneurs in particular, the strength of a network could offer important resources and opportunities through both close and distant contacts, which are known in network theory as strong and weak ties. This thesis analyzes the impact of entrepreneurs’ network tie strength on firm performance by analyzing networks in different countries through a correlational meta-analysis. The moderating factor of culture was analyzed to understand the impact of how individualistic and collectivist cultures affect network tie strength. Through analyzing 23 different primary studies (N=4041) from various individualistic and collectivist countries, the meta-analysis determined that culture does not have a statistically significant moderating impact on network strength on firm performance. I discuss the implications of these findings for entrepreneurs and business networks.