Getting by with a little help from my friends: the impact of the pandemic on the collaboration of small Finnish food and beverage ventures

Erika Perttunen*, Teo Keipi, Sooa Hwang, Tua Björklund

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

Abstract

Ventures' social ties are important enablers of value creation. Particularly during crises, the value of relationships is highlighted as scale-limited ventures can draw from their partners' resources to find opportunities for survival and renewal. Crises also shape ventures' collaboration opportunities by disrupting networks and changing ways of engagement. Yet, longitudinal research on the impact of crises on ventures' collaboration remains limited. In the current study, we combine pre and during-pandemic interviews with social media data from 14 packaged food and beverage ventures to explore the impact of the crisis on venture collaboration. The data illustrates four distinct approaches to collaboration during the pandemic, differing in terms of scope of collaborations, variety of different partner types, proportion of developmental collaborations, and engagement in collaboration due to or despite the crisis. The findings show that the crisis significantly shaped ventures' collaborations, which may shape their social capital beyond the crisis.
Original languageEnglish
Pages (from-to)51-76
JournalInternational Journal of Entrepreneurship and Innovation Management
Volume27
Issue number1-2
Early online date6 Mar 2023
DOIs
Publication statusPublished - 2023
MoE publication typeA1 Journal article-refereed

Keywords

  • collaboration
  • entrepreneurs
  • COVID-19 pandemic
  • social media
  • social capital
  • bonding ties
  • bridging ties
  • small business
  • response
  • social tie management

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