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How Irish Entrepreneurs use LinkedIn to form, develop and maintain business networks - Aberystwyth, UK

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Sustainable Learning Networks in Ireland and Wales Conference

Sustainable Learning Networks in Ireland and Wales Conference

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How Irish Entrepreneurs use LinkedIn to form, develop and maintain business networks - Aberystwyth, UK How Irish Entrepreneurs use LinkedIn to form, develop and maintain business networks - Aberystwyth, UK Presentation Transcript

  • How Irish Entrepreneurs use
    to form, develop and maintain a business network
    Ted Vickey
  • Who?
  • 1991 1994 2005
    11 YEARS
  • What?
  • I am by EDUCATION an Exercise Scientist,
    I am by EXPERIENCE an Entrepreneur,
    I am by PASSION a Connector.
  • Where?
  • C
    R
    E
    R
  • Why?
  • Real networking is about finding ways to make other people more successful.
    Knowledge
    Time
    Connections
    Energy
    Resources
    Compassion
  • Social Capital and the role of LinkedIn to form, develop and maintain Irish Entrepreneurial business networks
  • Three research questions:
    • Perceived benefits of networking;
    • How do Irish entrepreneurs form,
    maintain and develop an
    entrepreneurial network;
    • Use of technology to manage social
    capital?
  • “Entrepreneurship is the pursuit of a discontinuous opportunity involving the creation of an organization (or sub-organization) with the expectation of value creation to the participants. The entrepreneur is the individual (or team) that identifies the opportunity, gathers the necessary resources, creates and is ultimately responsible for the performance of the organization. Therefore, entrepreneurship is the means by which new organizations are formed with their resultant job and wealth creation”.
    Carton et al. (1998, p. 1)
    “Entrepreneurship is the pursuit of a discontinuous opportunity involving the creation of an organization (or sub-organization) with the expectation of value creation to the participants. The entrepreneur is the individual (or team) that identifies the opportunity, gathers the necessary resources, creates and is ultimately responsible for the performance of the organization. Therefore, entrepreneurship is the means by which new organizations are formed with their resultant job and wealth creation”.
    Carton et al. (1998, p. 1)
  • Entrepreneurship
    =
    Taking Risk
  • Entrepreneurs are:
  • Social Capital is …
    … the origin and the expression of successful network interactions
    (Cooke, 1999)
  • Social Capital benefits
  • Global populations
    Over 400M
    Over 75M
    Source: Wikipedia, May 5, 2010
  • 75M members
    As of Aug 2010
    35M members
    2008
    10M members
    2007
    8.5M members
    2006
    4.4M members
    2005
    1.6M members
    2004
    85,000 members
    2003
    The Power of Growth
  • LinkedIn Global Reach
    Fastest Growing EU
    United Kingdom
    Netherlands
    France
    Belgium
    Denmark
    Germany
    Ireland 243k+
    106% increase in
    just one year!
  • Findings
  • Perceived benefits of LinkedIn (Irish)
    Strongly Agree
    Strongly Disagree
    (Vickey, 2010)
  • How powerful is social networking?
     
     
     
    How powerful is social networking?
    …it got this man elected President
  • Ted VickeyNational University of Ireland - Galwayted.vickey@nuigalway.ie
    @tedvickey
    www.linkedin.com/in/tedvickey