Small Firms Thrive with Entrepreneurial Networks and Dynamic Capabilities
This paper discusses how connecting with other entrepreneurs can help small businesses succeed. The researchers suggest that by building a strong network of entrepreneurial contacts, small firms can improve their performance. They also talk about how the ability to adapt and change (dynamic capabilities) plays a crucial role in this process. The study points out that having a good network can help small companies develop the skills they need to do well in today's competitive business world. Essentially, making and nurturing connections with other entrepreneurs can boost a small business's chances of success by helping them become more flexible and capable of handling challenges.