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Yu-Lin Wang |
Abstract: Entrepreneurs' Social Capital: A Review of Literature There is a growing scholarly consensus on the benefits of social capital for organizations, but less research on the value of social capital as an asset for individual entrepreneurs, especially at the earliest stages of a venture. An individual's socio-economic background impacts social capital formation and entrepreneurial activities, and there is a lack of research in particular that emphasizes the influence of broader external factors, such as socio-economic institutions, and the cultural and economic environments in which social capital is embedded. This study will review the literature on how social capital shapes and influences an entrepreneur's success in the growth process, and how an entrepreneur utilizes his or her own social capital as a unique individual resource, influenced by environment. |