Entrepreneurial social capital: conceptualizing social capital in new high-tech firms.
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Date
2007-06Author
Anderson, Alistair R.
Park, John
Jack, Sarah L.
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ANDERSON, A., PARK, J. and JACK, S.L., 2007. Entrepreneurial social capital: conceptualizing social capital in new high-tech firms. International Small Business Journal, 25 (3), pp. 245-272.
Abstract
Although the literature on social capital has increased dramatically in recent years, concerns
have been raised about the expanse of applications of the term, diversity of constructs,
definitions and variety of analyses. The purpose of this paper is to clarify the
conceptualisation of social capital in entrepreneurship. To achieve this, the paper begins with
a review of the extensive literature on social capital. This provides a preliminary theoretical
framework about the nature and categories of social capital. Thereafter, an account is
provided of an empirical study in which in-depth and extensive data was gathered about the
social interactions of entrepreneurs from ten technology firms. Findings demonstrate that
social capital is a social relational artefact produced in social interactions. It is not owned but
represents a pool of goodwill residing in a social network and it can be envisaged as a
revolving mutual fund of traded and un-traded interdependencies.
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http://dx.doi.org/10.1177/0266242607076526Permalink for this record
http://hdl.handle.net/10059/203Collections in which this item appears
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