The effectiveness of cohesive and diversified networks: A meta-analysis
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In: Journal of Business Research, Vol. 69, No. 2, 01.02.2016, p. 554–568.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - The effectiveness of cohesive and diversified networks
T2 - A meta-analysis
AU - Rauch, Andreas Jörg
AU - Rosenbusch, Nina
AU - Unger, Jens
AU - Frese, Michael
PY - 2016/2/1
Y1 - 2016/2/1
N2 - The entrepreneurship literature recognizes the substantial contributions of networks to firm performance. However, the circumstances under which cohesive versus diversified networks drive firm performance remain unclear. To rectify this situation, the present meta-analysis integrates the results of 68 independent samples (N = 16,364). The findings indicate both cohesive and diversified networks relate to performance (rc = .164 and rc = .182). Moderator analyses suggest that diversified networks are particularly effective for large firms, firms competing in innovative industries and in well-developed financial markets. Cohesive networks relate to performance in small firms but not in large firms. These findings suggest that the relationship between networks and performance is context-dependent.
AB - The entrepreneurship literature recognizes the substantial contributions of networks to firm performance. However, the circumstances under which cohesive versus diversified networks drive firm performance remain unclear. To rectify this situation, the present meta-analysis integrates the results of 68 independent samples (N = 16,364). The findings indicate both cohesive and diversified networks relate to performance (rc = .164 and rc = .182). Moderator analyses suggest that diversified networks are particularly effective for large firms, firms competing in innovative industries and in well-developed financial markets. Cohesive networks relate to performance in small firms but not in large firms. These findings suggest that the relationship between networks and performance is context-dependent.
KW - Business psychology
KW - Management studies
KW - Cohesive
KW - Diversified
KW - Firm performance
KW - Meta-analysis
KW - Network
UR - http://www.scopus.com/inward/record.url?scp=84930603868&partnerID=8YFLogxK
U2 - 10.1016/j.jbusres.2015.05.011
DO - 10.1016/j.jbusres.2015.05.011
M3 - Journal articles
VL - 69
SP - 554
EP - 568
JO - Journal of Business Research
JF - Journal of Business Research
SN - 0148-2963
IS - 2
ER -