The University of Maryland’s Robert H. Smith School of Business was recognized for top entrepreneurship research at the 69th Annual Meeting of the Academy of Management in Chicago, August 7-11. The Smith School’s department of management and organization and Dingman Center for Entrepreneurship co-hosted a reception in Chicago during the conference to celebrate the faculty and PhD student research achievements.
Benjamin L. Hallen
In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, Benjamin Hallen, assistant professor of strategy, talks about his research that explores how entrepreneurs tap into their networks to get investments in their new ventures.
Kathryn M. Bartol, Robert H. Smith Professor of Management and Organization, received her PhD from Michigan State University.
Entrepreneurs begin their ventures lacking a lot of things—employees, funding, customers, technology, among others. A large part of success is the ability to get these things, and that depends in large part on the entrepreneur’s ability to network with people and organizations that can provide them with everything from further connections to equipment to good advice. Network ties—alliances, board interlocks, equity investments between organizations, and the like—can play an important role in the success of a new venture, influencing the venture’s ability to acquire capital and industry information, share resources and capabilities, or benefit from their peers’ relationships with buyers and suppliers.