How Do Social Networks Influence Entrepreneurial Success?
Social networks provide entrepreneurs with access to invaluable resources such as mentorship, partnerships, and market opportunities. However, these networks are often segmented along socio-economic lines, making it challenging for individuals from marginalized groups to tap into them. The absence of a strong professional network can limit an entrepreneur's ability to gain market insights, secure funding, or form strategic alliances, thereby exacerbating the inequality in entrepreneurship.