Network entrepreneurship and business-evolution

Abstract

Majority of relationship-based studies focus on how businesses are maintained and developed. However, little attention is focused on individuals as business initiators and the consequent processes. This study will bridge this gap. The presented theoretical model with two cases will give the answer on two questions: How individuals initiate business through personal network? What is the consequent process? The studies demonstrate that individuals do play a very important role when initiating a new business and they set in motion relationship-building processes that change the network structure.