Ledeneva, Alena;
Efendic, Adnan;
(2022)
There Is No Free Lunch: The Cost of Informal Networking for Entrepreneurs in Southeast Europe.
Europe-Asia Studies
10.1080/09668136.2022.2131739.
(In press).
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Abstract
This article investigates informal networks of entrepreneurs in Southeast Europe. Informal networks are defined as based on trust relationships and used for seeking competitive advantage in business. We assess the costs of informal networks, including their non-monetary and monetary components, on the basis of in-depth interviews with entrepreneurs in small and medium-sized business in the region. The evidence points to an ambivalence towards informal networks, perceived to be both affective and instrumental, and the prevalence of double standards. Informal networks are welcome when they help but resented when they help others, thus reproducing the pressure of maintaining informal networks.
| Type: | Article |
|---|---|
| Title: | There Is No Free Lunch: The Cost of Informal Networking for Entrepreneurs in Southeast Europe |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1080/09668136.2022.2131739 |
| Publisher version: | https://doi.org/10.1080/09668136.2022.2131739 |
| Language: | English |
| Additional information: | © 2022 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group. This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercialNoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/). |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > SSEES |
| URI: | https://discovery-pp.ucl.ac.uk/id/eprint/10129072 |
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