Entrepreneurial Process and Social Networks
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Entrepreneurial Process and Social Networks

A Dynamic Perspective

Edited by Alain Fayolle, Sarah L. Jack, Wadid Lamine and Didier Chabaud

Entrepreneurship is undoubtedly a social process and creating a firm requires both the mobilization of social networks and the use of social capital. This book addresses the gap that exists between the need to take these factors into consideration and the understanding of how network relationships are developed and transformed across the venturing process.
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Chapter 5: Business and professional networks: scope and outcomes in Oxfordshire, UK

Helen Lawton Smith and Saverio Romeo

Abstract

The chapter examines the relationship between formal networks, such as business and occupationally based professional networks, and place in determining network patterns and types in regional economic development. It distinguishes between ‘network-rich’ and ‘network-poor’ regions. It considers why and how formal networks operate as a service and a resource for participants and as components of regional business infrastructures. Formal networks of the Oxfordshire to Cambridge Arc in the UK are used to illustrate these points.

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