Growth aspirations and social capital:young firms in a post-conflict environment


This article explores the growth aspirations of owners and managers of young firms in a post-conflict economy by focusing on social capital. It treats social capital as a multidimensional, multilevel phenomenon, studying the effects of discussion network characteristics, trust in institutions, generalised trust in people and local ethnic pluralism. We argue that in a post-conflict country, ethnic pluralism is indicative of local norms of tolerance towards experimentation and risk taking which support growth aspirations. It also distinguishes between the aspirations of hired managers and owners-managers. The empirical counterpart and hypotheses testing rely on survey evidence drawn from young businesses in Bosnia and Herzegovina.

Publication DOI:
Divisions: College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship
College of Business and Social Sciences > Aston Business School
Uncontrolled Keywords: ethnic diversity,growth aspirations,institutions,networks,social capital,trust,Business and International Management
Publication ISSN: 1741-2870
Last Modified: 08 Dec 2023 09:42
Date Deposited: 12 Feb 2014 13:24
Full Text Link:
Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
http://isb.sage ... ontent/33/5/537 (Publisher URL)
PURE Output Type: Article
Published Date: 2014-08
Published Online Date: 2014-02-06
Authors: Efendic, Adnan
Mickiewicz, Tomasz (ORCID Profile 0000-0001-5261-5662)
Rebmann, Anna (ORCID Profile 0000-0002-7766-1101)



Version: Accepted Version

Export / Share Citation


Additional statistics for this record