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The role of social and human capital among nascent entrepreneurs

Davidsson, Per & Honig, Benson L. (2003) The role of social and human capital among nascent entrepreneurs. Journal of Business Venturing, 18(3), pp. 301-331.

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Abstract

This study examines nascent entrepreneurship by comparing individuals engaged in nascent activities (n = 380) with a control group (n=608), after screening a sample from the general population (n=30,427). The study then follows the developmental process of nascent entrepreneurs for 18 months. Bridging and bonding social capital, consisting of both strong and weak ties, was a robust predictor regarding who became a nascent entrepreneur as well as for advancing through the start-up process. With regard to outcomes like first sale or showing a profit, only one aspect of social capital, viz. being a member of a business network, had a statistically significant positive effect. The study supports human capital in predicting entry into nascent entrepreneurship, but only weakly for carrying the start-up process towards successful completion.

Impact and interest:

718 citations in Scopus
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451 citations in Web of Science®

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ID Code: 5832
Item Type: Journal Article
Keywords: Per Davidsson, nascent entrepreneurship, social capital, human capital
DOI: 10.1016/S0883-9026(02)00097-6
ISSN: 0883-9026
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300)
Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Small Business Management (150314)
Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Innovation and Technology Management (150307)
Divisions: Current > Research Centres > Australian Centre for Entrepreneurship
Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
Copyright Owner: Copyright 2003 Elsevier
Copyright Statement: Reproduced in accordance with the copyright policy of the publisher.
Deposited On: 06 Mar 2007
Last Modified: 29 Feb 2012 23:19

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