Social Capital Versus Cultural Capital Determinants of Entrepreneurship: An Empirical Study of the African Continent
By: Zelekha, Yaron
Contributor(s): Dana, Léo-Paul
Material type:
TextPublisher: Journal of Entrepreneurship 2019 SeptemberDescription: 250-269pSubject(s): Social capital | cultural capital | entrepreneurship | Africa | institutions | LinkedInOnline resources: Click here to access online Summary: Entrepreneurship literature has examined the effects of social capital and cultural capital on entrepreneurial outcomes. However, the articulation of these concepts has not been clearly resolved. We employ a unique dataset of entrepreneurs from 51 African countries, introducing the level of slave trade as both a measurement of mistrust and a proxy for social capital. We use majority religion as a proxy for cultural capital. We found that social capital has a significantly positive impact on entrepreneurship only through its moderating effect on cultural capital. Results have significant policy implications for the articulation of social and cultural capital.
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Ahmedabad (HO) | Available | AR340 |
Entrepreneurship literature has examined the effects of social capital and cultural capital on entrepreneurial outcomes. However, the articulation of these concepts has not been clearly resolved. We employ a unique dataset of entrepreneurs from 51 African countries, introducing the level of slave trade as both a measurement of mistrust and a proxy for social capital. We use majority religion as a proxy for cultural capital. We found that social capital has a significantly positive impact on entrepreneurship only through its moderating effect on cultural capital. Results have significant policy implications for the articulation of social and cultural capital.
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