Impact of venture competitions on entrepreneurial network development

Unlike what organizers of venture competitions usually claim, we found no significant correlation between participating in venture competitions and the expansion of entrepreneurial networks for early stage entrepreneurs. We conducted a linear regression analysis with survey data from entrepreneurs i...

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Main Authors: Jung Eung Park, Jim Pulcrano, Benoit Leleux
Format: Article
Language:English
Published: Taylor & Francis Group 2020-01-01
Series:Cogent Business & Management
Subjects:
Online Access:http://dx.doi.org/10.1080/23311975.2020.1826090
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author Jung Eung Park
Jim Pulcrano
Benoit Leleux
author_facet Jung Eung Park
Jim Pulcrano
Benoit Leleux
author_sort Jung Eung Park
collection DOAJ
description Unlike what organizers of venture competitions usually claim, we found no significant correlation between participating in venture competitions and the expansion of entrepreneurial networks for early stage entrepreneurs. We conducted a linear regression analysis with survey data from entrepreneurs in Switzerland. Participating in a venture competition requires a significant amount of time for an entrepreneur as well as resources that the start-up could use elsewhere for other critical activities. This research can help entrepreneurs decide whether or not to participate in a venture competition by specifying their expected outcomes regarding entrepreneurial networks. Organizers of venture competitions need to design programs that are appropriate to the development stages of the entrepreneurs they are targeting.
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spelling doaj.art-2a92abff664f42f2b625199ff157d4db2022-12-21T22:54:36ZengTaylor & Francis GroupCogent Business & Management2331-19752020-01-017110.1080/23311975.2020.18260901826090Impact of venture competitions on entrepreneurial network developmentJung Eung Park0Jim Pulcrano1Benoit Leleux2University of ZurichIMD (International Institute for Management Development)IMD (International Institute for Management Development)Unlike what organizers of venture competitions usually claim, we found no significant correlation between participating in venture competitions and the expansion of entrepreneurial networks for early stage entrepreneurs. We conducted a linear regression analysis with survey data from entrepreneurs in Switzerland. Participating in a venture competition requires a significant amount of time for an entrepreneur as well as resources that the start-up could use elsewhere for other critical activities. This research can help entrepreneurs decide whether or not to participate in a venture competition by specifying their expected outcomes regarding entrepreneurial networks. Organizers of venture competitions need to design programs that are appropriate to the development stages of the entrepreneurs they are targeting.http://dx.doi.org/10.1080/23311975.2020.1826090entrepreneurial networksnetworking processentrepreneurial ecosystemventure competitions
spellingShingle Jung Eung Park
Jim Pulcrano
Benoit Leleux
Impact of venture competitions on entrepreneurial network development
Cogent Business & Management
entrepreneurial networks
networking process
entrepreneurial ecosystem
venture competitions
title Impact of venture competitions on entrepreneurial network development
title_full Impact of venture competitions on entrepreneurial network development
title_fullStr Impact of venture competitions on entrepreneurial network development
title_full_unstemmed Impact of venture competitions on entrepreneurial network development
title_short Impact of venture competitions on entrepreneurial network development
title_sort impact of venture competitions on entrepreneurial network development
topic entrepreneurial networks
networking process
entrepreneurial ecosystem
venture competitions
url http://dx.doi.org/10.1080/23311975.2020.1826090
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