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Surviving the Fuzzy Front end: An entrepreneur’s Social Network, degree of involvement and Start up Survival in India and the US
Keywords: Entrepreneurship, Survival, Social Network, Degree of Involvement and Comparative study
Abstract: We explore how entrepreneurs’ access to social network and degree of involvement in the venture affect a firm’s ability to survive in India and the U.S. We relied on the GEM data base for data. We find that an entrepreneur’s access to social networks helps the nascent firm survive fuzzy front end. The effect is significantly greater for the U.S. firms than for Indian firms. We also find that while startups of self-employed entrepreneurs are more likely to survive in India, startups of entrepreneurs who are employed full-time elsewhere are more likely to survive in the U.S.