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


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.

Publication DOI: https://doi.org/10.1111/etap.12019
Divisions: College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship
College of Business and Social Sciences > Aston Business School
Additional Information: This is the peer reviewed version of the following article: Estrin, S., Mickiewicz, T., & Stephan, U. (2013). Entrepreneurship, social capital, and institutions: social and commercial entrepreneurship across nations. Entrepreneurship theory and practice, 37(3), 479-504., which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/etap.12019. This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving'.
Uncontrolled Keywords: Economics and Econometrics,Business and International Management
Publication ISSN: 1540-6520
Last Modified: 16 Jul 2024 07:04
Date Deposited: 15 Oct 2014 13:40
Full Text Link: http://onlineli ... .12019/abstract
Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
PURE Output Type: Article
Published Date: 2013-05
Published Online Date: 2013-03-22
Authors: Estrin, Saul
Mickiewicz, Tomasz (ORCID Profile 0000-0001-5261-5662)
Stephan, Ute (ORCID Profile 0000-0003-4514-6057)



Version: Accepted Version

Export / Share Citation


Additional statistics for this record