The closure argument and structural holes argument of networks theory have been favoured by different researchers. This paper attempts to combine them for entrepreneurs to seek resources necessary for new venture creation and new venture success. The authors categorise resources into 'complementary resources' and 'augmentary resources'. Both are necessary for new ventures, but each serves a different purpose. Moreover, closure arguments and structural holes provide resources in different manners.
- Closure arguments
- Structural holes argument
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- Economics, Econometrics and Finance(all)