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We argue that when networking frictions are high, the value of events will lie more in connecting neighbors rather than bringing together distant peers. In the presence of networking frictions, neighbors are both less likely to be someone the entrepreneur has already learned from and easier to sustain a relationship with. To test this argument, we use data from a series of networking events in Togo during which entrepreneurs were randomly assigned to meet with peers from across the city of Lom\u00e9. We find that entrepreneurs who were assigned to neighboring peers were much more likely to sustain a relationship, learn from their peer\u2019s management knowledge, and in turn benefit more: Profits increase by 10% when entrepreneurs get to know peers who are located on average 1\u2009km closer to them. Our results highlight the central role that networking frictions play in shaping who entrepreneurs in developing economies can successfully learn from. <\/jats:p><jats:p> This paper was accepted by Lamar Pierce, organizations. <\/jats:p><jats:p> Funding: Ewing Marion Kauffman Foundation [Dissertation Fellowship] and the Strategic Management Society [SRF Dissertation Fellowship]. <\/jats:p><jats:p> Supplemental Material: The online appendix and data files are available at https:\/\/doi.org\/10.1287\/mnsc.2022.00281 . <\/jats:p>","DOI":"10.1287\/mnsc.2022.00281","type":"journal-article","created":{"date-parts":[[2024,7,10]],"date-time":"2024-07-10T14:33:09Z","timestamp":1720621989000},"page":"3127-3145","source":"Crossref","is-referenced-by-count":2,"title":["Networking Frictions and Entrepreneurial Learning in Developing Economies"],"prefix":"10.1287","volume":"71","author":[{"ORCID":"https:\/\/orcid.org\/0000-0003-4699-4832","authenticated-orcid":false,"given":"Stefan","family":"Dimitriadis","sequence":"first","affiliation":[{"name":"Rotman School of Management, University of Toronto, Toronto, Ontario M5S 3E6, Canada"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-6453-0831","authenticated-orcid":false,"given":"Rembrand","family":"Koning","sequence":"additional","affiliation":[{"name":"Entrepreneurial Management, Harvard Business School, Boston, Massachusetts 02163"}]}],"member":"109","reference":[{"key":"B2","doi-asserted-by":"publisher","DOI":"10.1017\/S0003055416000216"},{"key":"B3","doi-asserted-by":"publisher","DOI":"10.1257\/0002828043052169"},{"key":"B4","doi-asserted-by":"publisher","DOI":"10.1006\/obhd.2000.2893"},{"key":"B5","doi-asserted-by":"publisher","DOI":"10.1177\/0049124112437535"},{"key":"B6","doi-asserted-by":"publisher","DOI":"10.1111\/j.1467-937X.2008.00499.x"},{"key":"B7","doi-asserted-by":"publisher","DOI":"10.1257\/aer.20180268"},{"key":"B8","doi-asserted-by":"publisher","DOI":"10.1080\/01621459.2016.1241178"},{"key":"B10","doi-asserted-by":"publisher","DOI":"10.1016\/j.physrep.2010.11.002"},{"key":"B11","doi-asserted-by":"publisher","DOI":"10.1162\/qjec.2007.122.4.1351"},{"key":"B12","doi-asserted-by":"publisher","DOI":"10.5465\/amp.2011.0077"},{"key":"B13","doi-asserted-by":"publisher","DOI":"10.1093\/qje\/qjs044"},{"key":"B14","doi-asserted-by":"publisher","DOI":"10.1162\/REST_a_00676"},{"key":"B15","doi-asserted-by":"publisher","DOI":"10.1146\/annurev-economics-020320-033926"},{"key":"B16","doi-asserted-by":"publisher","DOI":"10.1093\/qje\/qjx049"},{"key":"B17","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.2017.2798"},{"key":"B18","doi-asserted-by":"publisher","DOI":"10.1002\/smj.3062"},{"key":"B19","doi-asserted-by":"publisher","DOI":"10.1002\/smj.2987"},{"key":"B20","doi-asserted-by":"publisher","DOI":"10.1186\/1476-072X-10-20"},{"key":"B21","doi-asserted-by":"publisher","DOI":"10.1287\/orsc.1040.0075"},{"key":"B22","doi-asserted-by":"publisher","DOI":"10.1177\/0001839212474272"},{"key":"B23","doi-asserted-by":"publisher","DOI":"10.1016\/j.jdeveco.2008.01.007"},{"key":"B24","doi-asserted-by":"publisher","DOI":"10.1068\/a39369"},{"key":"B25","doi-asserted-by":"publisher","DOI":"10.1002\/smj.3292"},{"key":"B26","doi-asserted-by":"publisher","DOI":"10.1287\/mnsc.2022.4334"},{"issue":"3","key":"B27","first-page":"656","volume":"32","author":"Fafchamps M","year":"2018","journal-title":"World Bank Econom. 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