Research on the Influence of Social Network of Economic Management Students on Innovation and Entrepreneurship Ability

Innovation and entrepreneurship are the mainstream of today's social and economic development. With the development of the global economy, the "entrepreneurial economy" has become the main driving force for countries to achieve rapid and sustained economic growth in the face of a volatile and fierce economic environment. However, compared with social entrepreneurs, college students do not have too much business experience. Their access to business information, trading channels, and financial support often comes from their social networks. Especially in China's transition period, many institutional loopholes make individuals more inclined to use social networks to find the missing capabilities to solve the difficulties encountered in the entrepreneurial process. Therefore, this study mainly explores the impact of social networks on entrepreneurial capabilities. Further, in practice, there are often different social networks owned by different entrepreneurs, but the entrepreneurial ability is quite different. Some scholars believe that the main reason lies in the learning effect of entrepreneurs in social networks.