The Two Sides of the Story: Network Investments and New Venture Creation
研究指出维护社交网络需要时间成本，网络规模与关系强度对新创企业成功率的影响呈倒U型曲线，基于137位创业者的长期数据验证了该假设。
It is widely recognized that networks provide access to resources necessary for founding a new venture. However, they also come along with opportunity costs of time. We therefore argue that maintaining a set of network relationships is an investment that may not always pay off. More specifically, we develop detailed hypotheses on why the relationship between investing time in developing and maintaining a larger network and more intense network relationships and success in new venture creation may be best described by an inverted U. Testing our hypotheses on longitudinal data of 137 nascent entrepreneurs, we find broad support for our propositions.