The Effects Of Network’S Structural Holes: Polycentric Institutions, Product Portfolio, And New Venture Growth In China And Russia
This study examines the effect of network’s structural holes, i.e., the absence of a link between two contacts who are both linked to an actor, on product development and profit growth of software ventures in two different institutional contexts of China and Russia. Using interview data of 159 software entrepreneurs in Beijing and Moscow, the study found that the effect of structural holes is contingent upon country institutional context and venture development stage. Specifically, structural holes have a positive main effect on product portfolio but a negative main effect on profit growth in the second revenue year - early stage of venture development. Structural holes are more useful in the Russian institutional context compared to the Chinese institutional context due to the polycentricity of institutions. The research implications of the findings are discussed.
|Date of creation:||01 May 2012|
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"Institutions and Entrepreneurship Development in Russia: A Comparative Perspective,"
William Davidson Institute Working Papers Series
wp867, William Davidson Institute at the University of Michigan.
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- Ruta Aidis & Saul Estrin & Tomasz Mickiewicz, 2007. "Institutions and Entrepreneurship Development in Russia:A Comparative Perspective," CEDI Discussion Paper Series 07-03, Centre for Economic Development and Institutions(CEDI), Brunel University.
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"Entrepreneurship in China and Russia Compared,"
w0049, Center for Economic and Financial Research (CEFIR).
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[Understanding the Process of Economic Change]," Introductory Chapters, Princeton University Press.
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