Networking Ability and the Financial Performance of New Ventures: A Mediation Analysis among Younger and More Mature Firms
STRATEGIC ENTREPRENEURSHIP JOURNAL. Bd. 6. H. 4. 2012 S. 335 - 354
Erscheinungsjahr: 2012
ISBN/ISSN: 1932-4391
Publikationstyp: Zeitschriftenaufsatz
Doi/URN: 10.1002/sej.1146
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Inhaltszusammenfassung
We hypothesize that entrepreneurs' networking abilityan individual-level skill widely studied in career researchpositively influences new ventures' financial performance. Additionally, we propose that this impact is mediated by new ventures' network characteristics and moderated by venture age. When testing our hypotheses based on a sample of 146 German entrepreneurs, we find them largely confirmed. Our results show a significant relationship between entrepreneurs' networking ability and thei...We hypothesize that entrepreneurs' networking abilityan individual-level skill widely studied in career researchpositively influences new ventures' financial performance. Additionally, we propose that this impact is mediated by new ventures' network characteristics and moderated by venture age. When testing our hypotheses based on a sample of 146 German entrepreneurs, we find them largely confirmed. Our results show a significant relationship between entrepreneurs' networking ability and their new ventures' financial performance, which is mediated by new ventures' network size and the strength of network relationships. Additionally, the relationships observed are salient for younger but not for more mature firms. Copyright (C) 2012 Strategic Management Society. » weiterlesen» einklappen