Cristin-prosjekt-ID: 481568
Sist endret: 12. august 2016, 14:38

Cristin-prosjekt-ID: 481568
Sist endret: 12. august 2016, 14:38
Prosjekt

Social Capital and Entrepreneurship

prosjektleder

Ibolya Schindele
ved Institutt for samfunnsøkonomi ved Handelshøyskolen BI

prosjekteier / koordinerende forskningsansvarlig enhet

  • Institutt for samfunnsøkonomi ved Handelshøyskolen BI

Tidsramme

Avsluttet
Start: 1. mai 2009 Slutt: 31. juli 2016

Beskrivelse Beskrivelse

Tittel

Social Capital and Entrepreneurship

Vitenskapelig sammendrag

Entrepreneurship is generally viewed as essential to the growth of capitalist economies. Governments in many countries provide subsidies to individuals to establish and run their own businesses. In spite of such initiatives, in most countries the proportion of entrepreneurs relative to wage earners is rather low - most people tend to choose being an employee rather than run a business. One major reason for this is likely to be the lack of financial capital, a well known impediment to the establishment and development of entrepreneurial firms (Evans and Jovanovic (1989)).

This project focuses on the social aspect of entrepreneurship: we ask whether an individual’s social environment may serve as a resource for entrepreneurship and thus for the establishment of new firms, in the presence of financial constraints. We propose that resources inherent in an individual’s social environment, namely social capital, would mitigate the adverse impact of financial constraints on the establishment and development of young entrepreneurial firms. In particular, the study considers whether i) a large stock of social capital in an individual’s peer group enhances the probability of the individual choosing self-employment over wage employment, through alleviating the impact of wealth constraints on entrepreneurial selection, ii) whether a large stock of social capital mitigates the impact of assets on entrepreneurial earnings in the years following firm establishment, iii) whether a large stock of social capital enhances the use of trade credit as a means of financing in the years following firm establishment.

prosjektdeltakere

prosjektleder

Ibolya Schindele

  • Tilknyttet:
    Prosjektleder
    ved Institutt for samfunnsøkonomi ved Handelshøyskolen BI
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