The changing role of social capital during the venture creation process: A multi-level study

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We assess how social capital relates to individuals’ initial interest in becoming an entrepreneur, formally setting up a venture, and subsequent survival of the venture. Conceptualizing and meas-uring entrepreneurship as a sequential process inferred from cross-sectional data for 22,878 indi-viduals living in 110 regions across 22 European countries, we find that regional social capital is relevant for formally setting up a venture, but it is not associated with initial interest, nor with venture survival after establishment. By assuming variability and not uniformity in how social capital relates to entrepreneurship, we gain a better understanding of the contextual determinants of the venture creation process.

Bibliographical metadata

Original languageEnglish
Pages (from-to)0-34
Number of pages34
JournalEntrepreneurship: Theory and Practice
Issue number0
Publication statusPublished - 5 May 2020

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