Networking Resources - Social Capital in Action
Social capital—resources embedded in relationships and networks—facilitates resource exchange and enables entrepreneurial success. Networking provides access to complementary resources, knowledge, capital, and opportunities that would otherwise be unavailable. Research demonstrates that bonding social capital (connections within communities with shared issues) and bridging social capital (connections across different communities) both play important roles in resource mobilization. For women entrepreneurs, access to networking significantly affects sustainable business performance, particularly when mediated by digital competencies and AI adoption. Entrepreneurs should actively develop networks within their industry and across complementary sectors to access diverse resources
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