Space-Related Antecedents of Social Capital: Some Empirical Inquiries About the Creation of New Firms
International Entrepreneurship Management Journal, Springer Science, 2007
18 Pages Posted: 7 Apr 2011 Last revised: 17 Apr 2011
Date Written: April 4, 2011
This paper analyzes the spatial aspects of social capital creation between co-localised start-ups and customers, aiming to explain the factors which may influence the diffusion of inter-organizational social networks inside industrial clusters. We suppose that local social capital is not a public good, but its creation depends both on proximity. between actors and on a sense of affiliation of an entrepreneur to the cluster. While the embeddedness of a start-up inside a cluster has a positive influence on the relational and cognitive dimensions of social capital, it negatively influences the structural dimension. Implications and future lines of research are discussed.
Keywords: Social capital, Start-up, Industrial clusters, Inter-organizational networks, Spatial dimension, Embeddedness
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