The Gravity of Entrepreneurs’ Network Ties on the growth of the Business in Sri Lanka

Abstract

Using the business performances of the firm we investigated how network ties (NT) interfere to obtain business growth in Sri Lankan context. As NT consist of two constructs which are social NT and business NT, this study aims to what extent both constructs engaged to the growth of the business in distinctly. It was mainly hypothesized that entrepreneurs who have high NT could perform more than others who engaged with lack of NT in same context.  Finally results confirmed that NT has a positive impact on business growth. However, results indicated that business NT has significant influence on business growth than social NT. The results of the study have important implications to the existing entrepreneurs, potential entrepreneurs, investors, researchers, consultants and policy makers.

Keywords: Network Ties, Social Network Ties, Business Network Ties, Business Performance