The Influence of Social Business Networks of Top Managers on the Financial Performance of UK Biopharmaceutical SMEs

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Author(s): Calin Gurau (GSCM – Montpellier Business School, France)and Ramzi Benkraiem (IESEG School of Management, France)
Copyright: 2012
Pages: 18
Source title: Handbook of Research on Business Social Networking: Organizational, Managerial, and Technological Dimensions
Source Author(s)/Editor(s): Maria Manuela Cruz-Cunha (Polytechnic Institute of Cavado and Ave, Portugal), Patricia Gonçalves (School of Technology at the Polytechnic Institute of Cavado and Ave, Portugal), Nuno Lopes (Polytechnic Institute of Cávado and Ave, Portugal), Eva Maria Miranda (Polytechnic Institute of Cávado and Ave, Portugal)and Goran D. Putnik (University of Minho, Portugal)
DOI: 10.4018/978-1-61350-168-9.ch037

Keywords: Business Science Reference / Human Aspects of Business / Media & Communications / Social Networking

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Abstract

The influence of business social networks on the financial performance of entrepreneurial ventures was extensively studied in the literature. However, a need for a more dynamic perspective, centered on firms’ evolution, was identified by academics and professionals. This chapter attempts to address this knowledge gap, investigating a sample of UK biopharmaceutical SMEs, from various stages of the corporate lifecycle. This approach permits a comparison between the structure of formal and informal networks of the manager/entrepreneur, in various corporate phases of evolution, and an analysis of the statistical relation between the size of networks and specific financial performance indicators.

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The Influence of Social Business Networks of Top Managers on the Financial Performance of UK Biopharmaceutical SMEs

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