Network Analysis of DICE Community
Yuya TAKEDA, Yuta TOMOKIYO, Yukihiro MURATA, Lui YOSHIDA
Abstract
This study explores how entrepreneurship education (EE) fosters effective networking for venture creation among pre-career students. Prior research has focused primarily on professional entrepreneurs and MBA students, leaving a gap in understanding how students with limited initial networks can build essential entrepreneurial connections. Grounded in the "network success hypothesis," which posits that access to key resources impacts venture creation more than network size or diversity, this study tracks the networking patterns and venture outcomes of students from a Japanese university's pre-career EE program. Using network analysis and multinomial logistic regression on survey data from 135 alumni, we examined the roles of network structure and strategic networking in students' venture progress. Network analysis results indicate that broad acquaintance networks did not correlate with venture advancement; targeted connections to influential individuals significantly contributed to venture creation. Regression analysis further highlights continuous engagement with individuals who serve as connectors to key resources and opportunities proved critical for advancing students' business. These results underscore the value of incorporating well-connected mentors in EE, suggesting a design in EE towards strategic mentorship and resource-accessible networks for students. In addition, we contribute to EE evaluation by providing insights into the longitudinal development of pre-career students' entrepreneurial networks.