Nascent Entrepreneurs Access and Use of Network Resources in a Technology Incubator

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Abstract
This study utilized the setting of a technology incubator to analyze how nascent entrepreneurs develop and leverage networks to secure resources as part of the venture creation process. Through rigorous qualitative methods, we examined how six medical device entrepreneurs used networks to obtain needed resources, the types of resources pursued and differences among entrepreneurs based on their level of network skill. Our findings illustrate the importance of the incubator in providing both tangible resources (funding, space, equipment) and less tangible but equally important resources (credibility, relationships, access to networks). Initial findings suggest that differences in the level of an entrepreneurs’ network skill relate to the development, but not necessarily the success, of the venture.

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