Effects of Human Capital and Social Capital on Entrepreneurial Activity

14 Pages Posted: 25 Mar 2011

See all articles by Dirk De Clerq

Dirk De Clerq

Brock University - Faculty of Business

Pia Arenius

Turku School of Economics

Date Written: 2003

Abstract

We use a knowledge-based perspective in examining the effects of individuals’ human capital and social capital on the likelihood to engage in new venture creation. Our analyses are based on data collected for the 2002 Global Entrepreneurship Monitor. More specifically, we analyzed data from 4536 individuals (living in Belgium or Finland) in terms of their education and skills, and their contacts with the entrepreneurial community. We found that skills specific to the start-up process and knowing an existing entrepreneur increase the likelihood the launch a new venture. We discuss our findings and provide directions for future research.

Keywords: Entrepreneurship

JEL Classification: M13

Suggested Citation

De Clercq, Dirk and Arenius, Pia, Effects of Human Capital and Social Capital on Entrepreneurial Activity (2003). Babson College, Babson Kauffman Entrepreneurship Research Conference (BKERC), 2002-2006. Available at SSRN: https://ssrn.com/abstract=1782232

Dirk De Clercq (Contact Author)

Brock University - Faculty of Business ( email )

St. Catharines, Ontario L2S 3A1
Canada

Pia Arenius

Turku School of Economics ( email )

Rehtorinpellonkatu 3
TURKU, FI-20500
Finland

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