Entrepreneurship, Social Capital, and Institutions: Social and Commercial Entrepreneurship Across Nations
- Entrepreneurship Theory and Practice, May, 479-504
We model and test the relationship between social and commercial entrepreneurship drawing on social capital theory. We propose that the country prevalence rate of social entrepreneurship is an indicator of constructible nation-level social capital and enhances the likelihood of individual commercial entry. We further posit that both social and commercial entrepreneurial entry is facilitated by certain formal institutions, namely strong property rights and (low) government activism, albeit the latter impacts each of these types of
entrepreneurship differently. We apply bivariate discrete choice multilevel modeling to population-representative samples in 47 countries and find support for these hypotheses.
(Code and data for this paper are available at http://www.ucl.ac.uk/~tjmstmi/data.htm)
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- Multivariate response model?
- Longitudinal data?
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- Mickiewicz Tomasz, Economics & Strategy, Aston Busieness School, Aston University, firstname.lastname@example.org