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Although new ventures’ competitive positioning and their founders’ social networks are both recognized as important in the context of transition economies, not much is known about their multiplicative effect on performance. We build on the strategic management literature and social network theory to develop theoretical predictions about the role of competitive strategies and social capital for entrepreneurial performance. These are tested with survey data from Bulgaria. We find that both the venture’s competitive strategic positioning and the founder’s networking positively influence performance. The hypothesized moderating effect of networking for the relationship between differentiation strategy and performance received only tentative support. Contrary to expectations, we find a negative moderating effect of networking for the relationship of cost leadership with performance. These results suggest that the entrepreneur’s network plays a role in shaping how strategies influence performance by possibly upholding differentiation and deemphasizing cost leadership strategy. Implications for managerial practice and public policy are discussed.

The story involves a mine that uncovers a very deep chasm, too deep for any sounding lines to hit bottom. The night after the discovery of the abyss the narrator and one of the mine's workers, Juan Romero, venture inside the mine, drawn against their will by a mysterious rhythmical throbbing in the ground.

В пособии содержится информация об употреблении предлогов и союзов в английском языке. Упражнения с ключами способствуют закреплению материала. Раздел, посвященный смысловому и эмоциональному выделению различных частей предложения, необходим для создания живой речи.

Полный вариант заголовка: «Klaydioy Ptolemaioy mathematikh syntazis = Tome 1 : composition mathematique de Claude Ptolemee / ; traduite pour la premiere fois du Grec en Francais sur les manuscrits originaux de la bibliotheque imperiale de Paris par M. Halma ; et suivie des notes de M. Delambre».

Полный вариант заголовка: «Disquisitions relating to matter and spirit : to which is added The history of the philosophical doctrine concerning the origin of the soul, and the nature of matter; with its influence on Christianity, especially with respect to the doctrine of pre-existence of Christ / by Joseph Priestley».