Influence of Social Network Strength on Entrepreneurial Opportunity Recognition: A Chain Mediation Model of Need Knowledge and Technological Knowledge

Entrepreneurial opportunity recognition is a key focus of entrepreneurship research and has received considerable attention in recent years. Previous research has highlighted that social network strength, need knowledge, and technological knowledge are important factors in entrepreneurial opportunit...

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Main Authors: Jing Fan, Jiafu Su
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2021/3817644
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author Jing Fan
Jiafu Su
author_facet Jing Fan
Jiafu Su
author_sort Jing Fan
collection DOAJ
description Entrepreneurial opportunity recognition is a key focus of entrepreneurship research and has received considerable attention in recent years. Previous research has highlighted that social network strength, need knowledge, and technological knowledge are important factors in entrepreneurial opportunity recognition and that these factors in isolation cannot sufficiently explain how entrepreneurial opportunities are recognized. Nonetheless, little is known about the effect that social network strength may exert on entrepreneurial opportunity recognition through need knowledge and technological knowledge. Building on social network theory, this study develops and examines a chain mediation model that incorporates need knowledge and technological knowledge into the relationship between social network strength and entrepreneurial opportunity recognition. The results of this study demonstrate that the effect of social network strength on entrepreneurial opportunity recognition can be partitioned into the direct and indirect effects. In particular, the effect of social network strength on entrepreneurial opportunity recognition is mediated by need knowledge, not by technological knowledge. Moreover, need knowledge and technological knowledge play a continuous mediating role in the relationship between social network strength and entrepreneurial opportunity recognition. These findings extend the entrepreneurial opportunity recognition literature by casting light on the knowledge conduits linking social network strength to entrepreneurial opportunity recognition.
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spelling doaj-art-256807cf50b84b1cad69dc13a0a82dfb2025-02-03T01:03:41ZengWileyDiscrete Dynamics in Nature and Society1607-887X2021-01-01202110.1155/2021/3817644Influence of Social Network Strength on Entrepreneurial Opportunity Recognition: A Chain Mediation Model of Need Knowledge and Technological KnowledgeJing Fan0Jiafu Su1International CollegeNational Research Base of Intelligent Manufacturing ServiceEntrepreneurial opportunity recognition is a key focus of entrepreneurship research and has received considerable attention in recent years. Previous research has highlighted that social network strength, need knowledge, and technological knowledge are important factors in entrepreneurial opportunity recognition and that these factors in isolation cannot sufficiently explain how entrepreneurial opportunities are recognized. Nonetheless, little is known about the effect that social network strength may exert on entrepreneurial opportunity recognition through need knowledge and technological knowledge. Building on social network theory, this study develops and examines a chain mediation model that incorporates need knowledge and technological knowledge into the relationship between social network strength and entrepreneurial opportunity recognition. The results of this study demonstrate that the effect of social network strength on entrepreneurial opportunity recognition can be partitioned into the direct and indirect effects. In particular, the effect of social network strength on entrepreneurial opportunity recognition is mediated by need knowledge, not by technological knowledge. Moreover, need knowledge and technological knowledge play a continuous mediating role in the relationship between social network strength and entrepreneurial opportunity recognition. These findings extend the entrepreneurial opportunity recognition literature by casting light on the knowledge conduits linking social network strength to entrepreneurial opportunity recognition.http://dx.doi.org/10.1155/2021/3817644
spellingShingle Jing Fan
Jiafu Su
Influence of Social Network Strength on Entrepreneurial Opportunity Recognition: A Chain Mediation Model of Need Knowledge and Technological Knowledge
Discrete Dynamics in Nature and Society
title Influence of Social Network Strength on Entrepreneurial Opportunity Recognition: A Chain Mediation Model of Need Knowledge and Technological Knowledge
title_full Influence of Social Network Strength on Entrepreneurial Opportunity Recognition: A Chain Mediation Model of Need Knowledge and Technological Knowledge
title_fullStr Influence of Social Network Strength on Entrepreneurial Opportunity Recognition: A Chain Mediation Model of Need Knowledge and Technological Knowledge
title_full_unstemmed Influence of Social Network Strength on Entrepreneurial Opportunity Recognition: A Chain Mediation Model of Need Knowledge and Technological Knowledge
title_short Influence of Social Network Strength on Entrepreneurial Opportunity Recognition: A Chain Mediation Model of Need Knowledge and Technological Knowledge
title_sort influence of social network strength on entrepreneurial opportunity recognition a chain mediation model of need knowledge and technological knowledge
url http://dx.doi.org/10.1155/2021/3817644
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AT jiafusu influenceofsocialnetworkstrengthonentrepreneurialopportunityrecognitionachainmediationmodelofneedknowledgeandtechnologicalknowledge