Communication management of start-ups: an empirical analysis of entrepreneurs' communication and networking success on Facebook
Stefanie Pakura,
Christian Rudeloff,
Sigrid Bekmeier-Feuerhahn and
Fabian Eggers
International Journal of Entrepreneurial Venturing, 2020, vol. 12, issue 5, 459-489
Abstract:
Social networks attract increasing attention from practice and academia, yet social media networks as part of a start-up's strategic communication efforts remain under-studied. To fill this gap, we conceptualise start-up social media communication within the framework of communication management theory. We set up five hypotheses regarding the influence of different communication activities on start-ups' communication success and the moderating role of firm age. We collected data through structured questionnaires using a sample size of 244 start-ups in Germany and ran ordinary least squares (OLS) regression analyses. Results indicate that social media communication management is a significant driver of communication success. Two main factors, environmental scanning and networking, are revealed. Furthermore, we find different communication and networking practices depending on the start-up's age: In early phases, ad hoc monitoring, personal networks and business-to-consumer networking are key elements. In contrast, a long-term communication plan, professional networks and business-to-business networking are crucial in later stage start-ups.
Keywords: communication management; networking; entrepreneurship; Facebook; marketing; social media; start-ups. (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijeven:v:12:y:2020:i:5:p:459-489
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