Observing community-based entrepreneurship and social networking at play in an urban village setting.
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Entrepreneurship as a manifestation of change is vital in terms of jobs and business dynamism. However, entrepreneurship as a social activity occurs in time and space and is seen as a natural, organic process. We assume this change will occur naturally, but this can be interrupted by planned change. This observational study examines the influence of socio-cultural factors on the evolution of community-based entrepreneurial activity in an urban village setting using the social metrics of home, habitus and habituation to examine how this activity develops within a planned monocultural middle class enclave. Studying social entrepreneurship in a fixed social setting permits us to investigate the embededdness of the entrepreneurial process in a naturally occurring environment. When the natural order is interrupted, entrepreneurial activity becomes disjointed and finds new avenues of emergence as community-based entrepreneurial activity in which business is facilitated by social networking and entrepreneurial identity is socially constructed through play.
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Anderson, Alistair R.; Park, John; Jack, Sarah L. (Sage http://dx.doi.org/10.1177/0266242607076526, 2007-06)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. ...
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