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Social networks in entrepreneurial startups development

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04130081%3A_____%2F19%3AN0000009" target="_blank" >RIV/04130081:_____/19:N0000009 - isvavai.cz</a>

  • Result on the web

    <a href="https://www.economics-sociology.eu/?695,en_social-networks-in-entrepreneurial-startups-development" target="_blank" >https://www.economics-sociology.eu/?695,en_social-networks-in-entrepreneurial-startups-development</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.14254/2071-789X.2019/12-3/13" target="_blank" >10.14254/2071-789X.2019/12-3/13</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Social networks in entrepreneurial startups development

  • Original language description

    The paper focuses on researching the role of social networking in the development of startup companies in the Czech Republic. The goal is to identify key groups that help startups to set up and develop, identify areas where startups get help through the social networks of their founders and/or key members, and analyze the relationship between the types of the contacts and help provided. The paper presents the results of a deep questionnaire survey of startup founders from 51 out of approximately 1450 startups in the Czech Republic. IBM SPSS Statistics 21 software and Fisher's exact test were used in two-dimensional data analysis at the significance level of 0.05 and 0.01. The results demonstrate the use of strong and weak ties in the establishment and development of a startup business. Key groups include business partners and friends, both in terms of their utilization rates, their key role and the amount of assistance provided, and business angels in terms of fundraising, and technology and marketing advice. The importance of some weak ties does not correspond to their use (both positively and negatively). The results of the survey showed the contradictory role of incubators and accelerators. While 63% of startups used the help of business incubators, the support for building networks and links with the external environment in the incubators seems to be underestimated. Our results imply that the support programs for the startups should include the networking programs with the external parties.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database

  • CEP classification

  • OECD FORD branch

    50202 - Applied Economics, Econometrics

Result continuities

  • Project

  • Continuities

    N - Vyzkumna aktivita podporovana z neverejnych zdroju

Others

  • Publication year

    2019

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    ECONOMICS & SOCIOLOGY

  • ISSN

    2071-789X

  • e-ISSN

    2306-3459

  • Volume of the periodical

    12

  • Issue of the periodical within the volume

    3

  • Country of publishing house

    PL - POLAND

  • Number of pages

    17

  • Pages from-to

    192-208

  • UT code for WoS article

    000490330600013

  • EID of the result in the Scopus database