Zelekha, Yaron <br/><br/>
Social Capital Versus Cultural Capital Determinants of Entrepreneurship: An Empirical Study of the African Continent 

 -  Journal of Entrepreneurship  2019 September 
 - 250-269p. 
<br/><br/> 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. 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Social capital<br/>cultural capital<br/>entrepreneurship<br/>Africa<br/>institutions<br/>LinkedIn