Social networks and entrepreneurship. Evidence from a historical episode of industrialization / Javier Mejía.
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TextLanguage: English Series: Documentos CEDE ; 32Publisher: Bogotá : Universidad de los Andes, Facultad de Economía, CEDE, 2018Description: 74 páginas : ilustraciones ; 28 cmContent type: texto Media type: sin mediación Carrier type: volumenISBN: 1657-5334Subject(s): Emprendimiento -- Historia | Capital social -- Historia | Redes sociales -- HistoriaDDC classification: 658.00722 Online resources: Consulta en línea Abstract: This paper explores the relationship between social networks and entrepreneurship by constructing a dynamic social network from archival records. The network corresponds to the elite of a society in transition to modernity, characterized by difficult geographical conditions, market failures, and weak state capacity, as in late 19th- and early 20th-century Antioquia (Colombia).With these data, I estimate how the decision to found industrial firms related to the position of individuals in the social network. I find that individuals more important bridging the network (i.e. with higher betweenness centrality) were more involved in industrial entrepreneurship. However, I do not find individuals with a denser network to be more involved in this type of activity. The rationale of these results is that industrial entrepreneurship was a highly-complex activity that required a wide variety of complementary resources. Networks operated as substitutes of markets in the acquisition of these resources.
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| 658.00722 / L991v La visión de Sony / | 658.00722 / L991v La visión de Sony / | 658.00722 / M281g Las guerras de las aspirinas : dinero, medicina y 100 anos de violenta competencia / | 658.00722 / M516s 2018 Social networks and entrepreneurship. Evidence from a historical episode of industrialization / | 658.00722 / M568n Negocios al estilo de Nokia / | 658.00722 / M588c Casos empresariales : líneas de investigación, la empresa como unidad económica y social, el empresario como actor social / | 658.00722 / M862m Made in Japan / |
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This paper explores the relationship between social networks and entrepreneurship by constructing a dynamic social network from archival records. The network corresponds to the elite of a society in transition to modernity, characterized by difficult geographical conditions, market failures, and weak state capacity, as in late 19th- and early 20th-century Antioquia (Colombia).With these data, I estimate how the decision to found industrial firms related to the position of individuals in the social network. I find that individuals more important bridging the network (i.e. with higher betweenness centrality) were more involved in industrial entrepreneurship. However, I do not find individuals with a denser network to be more involved in this type of activity. The rationale of these results is that industrial entrepreneurship was a highly-complex activity that required a wide variety of complementary resources. Networks operated as substitutes of markets in the acquisition of these resources.
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