Abstract:The purpose of this study was to investigate the association between the networks and networking behaviour of women small business owners (SBOs) and business/owner characteristics including: industry sector, industry experience, educational background, and family responsibilities. These are some of the most common factors influencing women's businesses as identified by the literature. The chosen methodology was case study, which included a variety of data sources: observations, questionnaires, and interviews. … Show more
“…This limits their opportunities to develop new ties (Brass and Burkhardt, 1993;Ibarra, 1993b), and especially ties with individuals who could provide career-related support (Ibarra, 1992(Ibarra, , 1993b. Time constraints are yet another explanation: domestic and family-related responsibilities are still shouldered more widely by women than by men, which limits the time available for networking activities outside regular working hours (Linehan, 2001;Sharafizad, 2011).…”
Section: Network Networking and Gender Differencesmentioning
Purpose
The purpose of this paper is to review the emerging literature on formal women-only business networks and outline propositions to develop this under-theorised area of knowledge and stimulate future research.
Design/methodology/approach
The authors review the existing literature on formal internal and external women-only networks and use the broader social capital and network literature to frame their arguments and develop propositions.
Findings
Propositions are developed regarding how both internal and external formal women-only business networks can be of value for members, firms/organisations and the wider social group of women in business.
Research limitations/implications
The authors focus on the distinction between external and internal formal women-only networks while also acknowledging the broader diversity that can characterise such networks. Their review provides the reader with an insight into the state of the art and a set of propositions that present opportunities for future research.
Practical implications
The paper provides insights into how women in business, organisations and wider society can leverage value from both internal and external formal women-only business networks.
Social implications
The paper contributes to research showing that the social structure of interactions and context can impact women’s standing in the workplace.
Originality/value
The paper sheds light on the under-studied and under-theorised phenomenon of formal women-only business networks. Beyond the individual member level, the authors suggest that such networks can be of value for organisations and the wider social group of women in management and leadership positions.
“…This limits their opportunities to develop new ties (Brass and Burkhardt, 1993;Ibarra, 1993b), and especially ties with individuals who could provide career-related support (Ibarra, 1992(Ibarra, , 1993b. Time constraints are yet another explanation: domestic and family-related responsibilities are still shouldered more widely by women than by men, which limits the time available for networking activities outside regular working hours (Linehan, 2001;Sharafizad, 2011).…”
Section: Network Networking and Gender Differencesmentioning
Purpose
The purpose of this paper is to review the emerging literature on formal women-only business networks and outline propositions to develop this under-theorised area of knowledge and stimulate future research.
Design/methodology/approach
The authors review the existing literature on formal internal and external women-only networks and use the broader social capital and network literature to frame their arguments and develop propositions.
Findings
Propositions are developed regarding how both internal and external formal women-only business networks can be of value for members, firms/organisations and the wider social group of women in business.
Research limitations/implications
The authors focus on the distinction between external and internal formal women-only networks while also acknowledging the broader diversity that can characterise such networks. Their review provides the reader with an insight into the state of the art and a set of propositions that present opportunities for future research.
Practical implications
The paper provides insights into how women in business, organisations and wider society can leverage value from both internal and external formal women-only business networks.
Social implications
The paper contributes to research showing that the social structure of interactions and context can impact women’s standing in the workplace.
Originality/value
The paper sheds light on the under-studied and under-theorised phenomenon of formal women-only business networks. Beyond the individual member level, the authors suggest that such networks can be of value for organisations and the wider social group of women in management and leadership positions.
“…Recent studies reveal that the relationship between woman entrepreneurs and social capital is especially noteworthy (Chung et al, 2012). Social capital and social networking is important for female business owners as it can increase the success rate of their business (Sharafizad, 2011). The impact of social capital on women's business performance in Bangladesh is discussed here in terms of legitimacy of women's business, building inter and intra business trust, increasing innovative capability of women entrepreneurs, building co-operation, improving access to other forms of capital.…”
Section: Impact Of Social Capital On Women's Business Performancementioning
Social capital has been projected as a key resource in entrepreneurial success. While the association between successful business activity by rural women and their ability in building social capital is often seen as a pathway of poverty reduction, a thorough understanding of the relevance of social capital in women's business performance could have crucial insights into ways for alleviating rural poverty in developing countries. Nonetheless, the relevance of social capital in women's business performance has hardly studied in the specific context of Bangladesh. The present review is undertaken to fill this information gap. Social capital has positive impact on gaining legitimacy, building mutual trust and co-operation in women's business. Besides, women enterprises with enhanced social capital are found to possess better access to other forms of capital. The review shows the importance of external actors such as microfinance institutions in developing social capital of women enterprises in Bangladesh. Alongside microfinance, regulative factors such as different rules and regulations of the government can positively facilitate women entrepreneurship development in rural Bangladesh.
“…Also, International Labor Organization (ILO) reported that the problems that were being faced by woman entrepreneurs were a high rate of failure and the lack of networks that would allow them to facilitate business is one of the main reasons (Lee et al, 2011). Therefore, networking is important for female business owners as it can increase the success rate of their business (Sharafizad, 2011). That is the reason why building social networks are important to solve most woman entrepreneurs' problems.…”
Section: Social Capital and Business Successmentioning
Social capital can be defined as the totality of resources by virtue of possessing social ties. Grounded along the previous research, this research examines the relation between the social capital of woman entrepreneurs and their small companies' market performance mediated by competitive advantages. A survey of 257 entrepreneurs who is woman in Korea found that structural social capital and cognitive, social capital positively influence both differentiation advantage and cost advantage. The empirical results also indicate that those advantages affect market performance significantly. However, the impacts of relational social capital are not significant.The main theoretical contribution of this study is that it confirms the importance of social capital for woman entrepreneurs. It also supports the relevance of social capital in producing competitive advantages which lead to a better market performance. This study provides woman entrepreneurs in SMBs with managerial implications. The result shows that woman entrepreneurs can create business advantage by creating social ties and promoting social capital.
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