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Responsible Entrepreneurs: The Network Effects

Author

Listed:
  • MATEJA DRNOVSEK

    (Faculty of Economics, University of Ljubljana, Slovenia)

  • OTMAR ZORN

    (Iskra Zascite Ltd, Slovenia)

  • MARJANA MARTINCIC

    (Stopteh, Ltd, Slovenia)

Abstract

By drawing from the social network literature, this research analyses relationships between strong and weak ties and network's benefits for personal success of entrepreneurs. The empirical analysis is context-based within a specific network where such multiplex ties are embedded. In particular, networks of entrepreneurs who adhere to socially responsible behaviour through activities in the Rotary International Organisation are examined. Prior research into entrepreneurship has shown the varying benefits of strong and weak ties for personal success. The aim of this study is to develop a conceptual model of strong and weak ties related benefits and their contribution to personal success to empirically test it within a specific network context. We identified the Rotary International Organisation as such a network. The findings of this study indicate that engaging in socially responsible behaviours through organised attempts, such as the Rotary International network, brings significant benefits for the personal success of entrepreneurs. The implications of our empirical analysis indicate that the socially responsible behaviour of entrepreneurs can be motivated through network enhanced joint values such as adherence to high ethical standards in doing business and advancement of an international fellowship of business and professional people.

Suggested Citation

  • Mateja Drnovsek & Otmar Zorn & Marjana Martincic, 2008. "Responsible Entrepreneurs: The Network Effects," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 16(03), pages 209-231.
  • Handle: RePEc:wsi:jecxxx:v:16:y:2008:i:03:n:s0218495808000168
    DOI: 10.1142/S0218495808000168
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    References listed on IDEAS

    as
    1. van Damme, E.E.C., 2000. "Nobelprijs voor nuttige econometrie," Other publications TiSEM 88c2ad26-cefa-4176-bdc7-b, Tilburg University, School of Economics and Management.
    2. Borges, Pedro C. & Villavicencio, Arturo, 2004. "Avoiding academic and decorative planning in GHG emissions abatement studies with MCDA:: The Peruvian case," European Journal of Operational Research, Elsevier, vol. 152(3), pages 641-654, February.
    3. van Damme, E.E.C., 2000. "Eerlijk delen," Other publications TiSEM b25da10f-89fc-48b6-866a-d, Tilburg University, School of Economics and Management.
    4. -, 2000. "Introdução à técnica de planejamento," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1617.
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