The impact of early imprinting on the evolution of new venture networks
Hana Milanov, Stephanie A. Fernhaber
Journal of Business Venturing · 2009 · Volume 24 · Issue 1
DOI: 10.1016/j.jbusvent.2007.11.001
Abstract
Given the argued importance of networks to new ventures, this paper is intended to fill a noted gap in the literature pertaining to the factors that influence the evolution of new ventures' alliance networks. Drawing on the imprinting literature, we propose that one has to look beyond the first partner per se, and instead focus on the extant relationships the initial partner has with other firms. More specifically, we argue and find that the network size and centrality of a new venture's initial alliance partner influence the subsequent size of the new venture's network.
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