The Impact of Social Networks on Perceptions of International Opportunities

Witold Nowiński · Alex Rialp

98 citations0/0 files storedJournal of Small Business Management

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Entrepreneurship Studies and Influences International Business and FDI Migration, Ethnicity, and Economy

Abstract

The paper emphasizes the importance of social networks in the gestation of international new ventures, particularly through their impact on the perceptions of nascent entrepreneurs. Their contribution consists not only in providing new information to assist new venture founders in identifying international opportunities but, and perhaps more importantly, in assessing them. By modifying the way in which entrepreneurs perceive the feasibility and desirability of opportunities, networks trigger the enactment of international opportunities. Whereas opportunity evaluations by more experienced international entrepreneurs tend to be linked to their strong network ties, the international role models of novice entrepreneurs seem to be transformational.

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References

1984Case Study Research: Design and Methods 1991Case Study Research: Design and Methods 2000The Promise of Entrepreneurship as a Field of Research 2009The Uppsala internationalization process model revisited: From liability of foreignness to liability of outsidership 2001Causation and Effectuation: Toward a Theoretical Shift from Economic Inevitability to Entrepreneurial Contingency 2006Entrepreneurial Action And The Role Of Uncertainty In The Theory Of The Entrepreneur 1994Entrepreneurial Potential and Potential Entrepreneurs 1993The Impact of Prior Entrepreneurial Exposure on Perceptions of New Venture Feasibility and Desirability

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