Entrepreneurship, Social Capital, and Institutions: Social and Commercial Entrepreneurship Across Nations

Authors
Saul Estrin, Tomasz Mickiewicz, Ute Stephan
Year
2013
Journal
Entrepreneurship Theory and Practice, May, 479-504
DOI
10.1111/etap.12019
Abstract

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)

Number of levels
2
Software used
Model data structure
Response types
Multivariate response model?
No
Longitudinal data?
No
Further model keywords
Substantive discipline
Substantive keywords
Paper submitted by
Mickiewicz Tomasz, Economics & Strategy, Aston Busieness School, Aston University, t.mickiewicz@aston.ac.uk
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