The Evolution Of Entrepreneur’s Social Network During Bouncing Back Form Entrepreneurial Failure

Entrepreneurs who bounce back from business failure are lack of financial capital and material resources, and they must relay on their social network to search and grasp entrepreneurial resources. Therefore, it is very important for others improving the entrepreneurial success to bring insight the evolution of the social network of entrepreneurs who bounce back from failure.Firstly, the paper primarily found the evolution laws of the social network from the successful entrepreneurs who bounce back from business failure by analyzing eight suitable cases from multiple sources.Then, based on the literature and case research conclusions, ten hypotheses are put forward. Finally, data from 110 valid questionnaires are analyzed through statistical tool SPSS17.0 to test all ten hypotheses,the main results obtained are as follow:(1) From business failure to resilience, the strength of social(private)network and non-profit supportive network are enhanced, but the strength of business network and profit supportive network are weakened; When achieving business success again, the strength of social( private) network and non-profit supportive network are weakened,however the strength of business network and profit supportive network are enhanced.(2)From business failure to resilience, the size of social(private) network and non-profit supportive network increased, but business network size become smaller; When achieving business success again, the size of social( private) network and non-profit supportive network become smaller, and the size of business network increased.(3)From business failure to resilience, the profit supportive network size have no obvious changes, but its size increased when achieving business success again.At last, the study summarizes some conclusions and points out the limitation of this article and the direction for future research.