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Social Networks and the Emergence of the New Entrepreneurial Ventures in Russia: 1987–2000

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  • Nathalia Rogers

Abstract

. This article examines the use of social networks by Russia’s new entrepreneurs during venture start‐up. After outlining the general historical context of economic transformation in Russia, I describe four patterns of transition to private enterprise ownership by individuals with different professional skills, different amounts of initial financial capital, and different types and extent of social networks. This description is based on an original set of data I collected during interviews with owners of small‐ and medium‐size businesses in Russia in the late 1990s. I conclude with a discussion of how such factors as access to the initial financial capital, history of past employment, and extent and type of personal social networks mediate the risks of starting a new venture.

Suggested Citation

  • Nathalia Rogers, 2006. "Social Networks and the Emergence of the New Entrepreneurial Ventures in Russia: 1987–2000," American Journal of Economics and Sociology, Wiley Blackwell, vol. 65(2), pages 295-312, April.
  • Handle: RePEc:bla:ajecsc:v:65:y:2006:i:2:p:295-312
    DOI: 10.1111/j.1536-7150.2006.00452.x
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    Cited by:

    1. Smith, Claudia & Smith, J. Brock & Shaw, Eleanor, 2017. "Embracing digital networks: Entrepreneurs' social capital online," Journal of Business Venturing, Elsevier, vol. 32(1), pages 18-34.
    2. Galina Shirokova & Patricia McDougall-Covin, 2012. "The role of social networks and institutions in the internationalization of Russian entrepreneurial firms: Do they matter?," Journal of International Entrepreneurship, Springer, vol. 10(3), pages 177-199, September.
    3. Friederike Welter, 2011. "Contextualizing Entrepreneurship—Conceptual Challenges and Ways Forward," Entrepreneurship Theory and Practice, , vol. 35(1), pages 165-184, January.

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