Nations of Entrepreneurs: A Social Capital Perspective

Journal of Business Venturing, Forthcoming

16 Pages Posted: 19 Jan 2009 Last revised: 21 Apr 2014

See all articles by Seok-Woo Kwon

Seok-Woo Kwon

University of Calgary - Haskayne School of Business

Pia Arenius

Turku School of Economics

Abstract

This research examined the effects of social capital on entrepreneurial opportunity perception and weak tie investment using individual-level data from the Global Entrepreneurship Monitor linked with national-level data on social capital. Consistent with a social capital perspective, this study found that a resident of a country with higher generalized trust and breadth of formal organizational memberships was more likely to perceive entrepreneurial opportunities. A resident of a country with higher generalized trust was also more likely to invest in an entrepreneur with whom he or she had a weak personal tie than was a resident of a country with lesser generalized trust.

Suggested Citation

Kwon, Seok-Woo and Arenius, Pia, Nations of Entrepreneurs: A Social Capital Perspective. Journal of Business Venturing, Forthcoming. Available at SSRN: https://ssrn.com/abstract=1329138

Seok-Woo Kwon (Contact Author)

University of Calgary - Haskayne School of Business ( email )

2500 University Drive, NW
Calgary, Alberta T2N 1N4
Canada

Pia Arenius

Turku School of Economics ( email )

Rehtorinpellonkatu 3
TURKU, FI-20500
Finland

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