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Entrepreneurship, social capital, and institutions: social and commercial entrepreneurship across nations

Estrin, Saul, Mickiewicz, Tomasz and Stephan, Ute (2013) Entrepreneurship, social capital, and institutions: social and commercial entrepreneurship across nations. Entrepreneurship Theory and Practice, 37 (3). pp. 479-504. ISSN 1042-2587

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Abstract

We model and test the relationship between social and commercial entrepreneurship drawing on social capital theory. We propose that the country prevalence rate of social entrepreneurship is an indicator of constructible nation-level social capital and enhances the likelihood of individual commercial entry. We further posit that both social and commercial entrepreneurial entry is facilitated by certain formal institutions, namely strong property rights and (low) government activism, albeit the latter impacts each of these types of entrepreneurship differently. We apply bivariate discrete choice multilevel modeling to population-representative samples in 47 countries and find support for these hypotheses.

Item Type: Article
Official URL: http://onlinelibrary.wiley.com/journal/10.1111/(IS...
Additional Information: © 2013 Baylor University
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HF Commerce
Sets: Departments > Management
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 05 Apr 2013 14:26
URL: http://eprints.lse.ac.uk/49619/

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