Call for Papers : Volume 15, Issue 11, November 2024, Open Access; Impact Factor; Peer Reviewed Journal; Fast Publication

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Influence of entrepreneurial structural hole in the growth of Smes in Yunnan, China

The purpose of this study is to analyze the relationships among entrepreneurial structure hole, competitiveness of SMEs, and the growth of SMEs. SMEs are the fundamental force of the development of China. However, it is difficult for SMEs to draw advantages from the social and economic structure of China, today. Therefore, the entrepreneurial social resource is the main support for the growth of their SMEs. Structure hole in a social network is the theory for studying how to select and utilize valuable different social resources for helping the growth of the enterprise. There is a significant correlation between structure holes of entrepreneurs and the growth of SMEs. The findings from this study found a significant correlation between the richness of structure holes of entrepreneurs and the growth of SMEs. The study also found significant correlations between the diversity of structure holes of entrepreneurs and the growth of SMEs. Moreover, the results found a significant correlation between structure hole of entrepreneurs and SMEs’ competitiveness, a significant correlation between the richness of structure hole of entrepreneurs and SMEs’ competitiveness in sudden difficulties, and a significant correlation between the diversity of structure hole of entrepreneurs and SMEs’ competitiveness in industry policy changes. Finally, the findings revealed there is a significant correlation between competitiveness and growth of SMEs.

Author: 
Suo Lu and Chanchai Bunchapattanasaakda
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