Open AccessEntrepreneurial networks: Findings from a South African study
Author(s) -
Bruce Mitchell,
Mary Jesselyn Co
Publication year - 2004
Publication title -
suid-afrikaanse tydskrif vir ekonomiese en bestuurswetenskappe/south african journal of economic and management sciences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.277
H-Index - 17
eISSN - 2222-3436
pISSN - 1015-8812
DOI - 10.4102/sajems.v7i4.1291
Subject(s) - female entrepreneurs , business , entrepreneurship , international business , marketing , economic growth , management , economics , finance
The purpose of the empirical study is to make intelligible how entrepreneurs use networks, as well as describe the characteristics of these networks. A survey of 325 entrepreneurs from the KwaZulu-Natal province of South Africa was conducted. Results indicate that although South African entrepreneurs have more contacts in their networks, they spend less time in developing and maintaining contacts when compared to their international counterparts. Results show that South Africans have established their network ties for a long time, although most of the contacts were met through the entrepreneur’s own effort rather than through referrals. Results also show that most of the network members are either friends or family members, which is different to international findings where most network members are business associates