| ID | 190483 |
| Title Proper | There Is No Free Lunch |
| Other Title Information | the Cost of Informal Networking for Entrepreneurs in Southeast Europe |
| Language | ENG |
| Author | Ledeneva, Alena ; Efendic, Adnan |
| Summary / Abstract (Note) | This article investigates informal networks of entrepreneurs in Southeast Europe. Informal networks are defined as based on trust relationships and used for seeking competitive advantage in business. We assess the costs of informal networks, including their non-monetary and monetary components, on the basis of in-depth interviews with entrepreneurs in small and medium-sized business in the region. The evidence points to an ambivalence towards informal networks, perceived to be both affective and instrumental, and the prevalence of double standards. Informal networks are welcome when they help but resented when they help others, thus reproducing the pressure of maintaining informal networks. |
| `In' analytical Note | Europe-Asia Studies Vol. 75, No.4; May 2023: p.625-648 |
| Journal Source | Europe-Asia Studies Vol: 75 No 4 |
| Key Words | Southeast Europe ; Cost of Informal Networking for Entrepreneurs |