Our study explores the role of individual entrepreneurial competencies in the shaping of social networks around nascent entrepreneurs. We employ GEM’s dataset on the process of networking in the MENA region to empirically define three types of social networks: limited, private, and diverse. This allowed us to explore the relationship between an entrepreneur’s network type and his/her individual competencies (startup-skills, opportunity-recognition and risk-willingness) as they evolve during the emergence of the respondent’s networks. Using multinomial logistic regression methodology we show a small, but reliable relationship between startup-skills, opportunity-recognition, risk-willingness, and the phase of development of the respondent’s enterprise.
Keywords: social network, entrepreneurial competency, global entrepreneurship monitor, GEM, MENA region