Probing Chinese Perception on the Importance of Social Capital in Entrepreneurial Success

2021 ◽  
pp. 097226292110025
Author(s):  
Liu Yue ◽  
John Paolo R. Rivera
Keyword(s):  
Social Capital ◽  
Financial Capital ◽  
Entrepreneurial Success ◽  
Contingency Table Analysis ◽  
Republic Of China ◽  
Chinese Perceptions ◽  
Table Analysis ◽  
Chinese Entrepreneurs ◽  
Conceptual Study ◽  
Start Ups

The link between entrepreneurship and economic growth has been established in the literature. The potency of an entrepreneurship ecosystem, driven by the role of financial capital, is now a determinant of an economy’s success. The People’s Republic of China has been successful on this expanse. However, in this conceptual study, we explicate the role social capital play in entrepreneurial venture growth. By conducting a survey on Chinese entrepreneurs, cross tabulating their categorical responses and conducting contingency table analysis, we get to illustrate how they see social capital as a facilitating factor of their entrepreneurial success. Results revealed that Chinese entrepreneurs believe that together with financial capital and government assistance, having more social capital is critical in developing start-ups, attracting more investments and acquiring a bigger market share. However, a premium is placed on technical skills and enterprise planning than personal charisma. Results were validated and augmented earlier results on Chinese perceptions on what makes entrepreneurial ventures successful.

The impact of trust on social and financial capital acquisition: A resource integration perspective in minority-owned entrepreneurial organisations

2022 ◽  
pp. 026624262110553
Author(s):  
Ronald L Pegram ◽  
Camelia L Clarke ◽  
James W Peltier ◽  
K Praveen Parboteeah
Keyword(s):  
Social Capital ◽  
Firm Performance ◽  
Policy Implications ◽  
Financial Capital ◽  
Resource Integration ◽  
Entrepreneurial Success ◽  
Negative Effect ◽  
Research Findings ◽  
The Impact ◽  
Minority Entrepreneurs

Although effective resource integration is a critical requisite for entrepreneurial success, the literature suggests there are crucial gaps for minority entrepreneurs. We examine how interracial distrust (ID), an indicator of the extent to which minority entrepreneurs distrust other races, is related to internal and social capital. We examine the relationships of such capitals on the willingness to borrow from banks and friends, and explore the link with firm performance. Using a sample of 276 primarily African American entrepreneurs, we find support for most of our hypotheses. We find that ID is negatively associated with external social capital and a willingness to borrow from banks. Surprisingly, we found that ID had a negative effect on internal social capital and a willingness to borrow from friends. We also found that internal and external social capital was positively related to firm performance. We discuss the implications of some of these surprising research findings as well as the policy implications.

scholarly journals Digital news start-ups in Spain: symbolic and social capital as drivers of success

2019 ◽  
Vol 25 (1) ◽  
pp. 393-409
Author(s):  
Terese Mendiguren Galdospin ◽  
Irati Agirreazkuenaga Onaindia ◽  
Koldo Meso Ayerdi
Keyword(s):  
Social Capital ◽  
Symbolic Capital ◽  
Financial Capital ◽  
Structured Interviews ◽  
The Past ◽  
Start Up ◽  
Digital News ◽  
News Organizations ◽  
The Media ◽  
Start Ups

Ongoing downsizing in the media sector has sparked a new start-up culture in the field of journalism. Over the past few years an increasing number of news organizations seeking to leverage social and symbolic rather than financial capital and cultivate employee as well as audience loyalty have entered the market (Wagemans, Witschge and Deuze, 2016). This paper examines El Diario (eldiario.es) and El Confidencial (elconfidencial.com). Qualitative methods involving the on-site observation in their newsrooms and semi-structured interviews with their journalists were employed. Findings indicate that both see themselves as alternative news providers whose emphasis El Diario draws heavily upon the symbolic capital of its founder Ignacio Escolar, El Confidencial, has banked primarily on its social capital.

scholarly journals Human Capital and Social Capital as Moderators of Start-up Support and Start-up Success

2019 ◽  
Vol 4 (2) ◽  
pp. 107-114
Author(s):  
Daisy Mui Hung Kee ◽  
Sabai Khin
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Jel Classification ◽  
Future Research ◽  
Entrepreneurial Success ◽  
Research Attention ◽  
Start Up ◽  
Important Direction ◽  
Human And Social Capital ◽  
Start Ups

Objective – Start-up support has not received enough research attention although it is an integral element of the start-up ecosystem that provides resources and services in the form of various support to start-ups. There is a need to explore the effectiveness of various start-up support because the question as to whether such supports contribute to start-up success remains unanswered. Methodology/Technique – While human capital and social capital has been linked to entrepreneurial success, little is known about how these capitals moderate the effect of start-up access to support. Findings – This paper contributes to start-up literature by presenting a conceptual framework appropriate to investigate the effect of a start-up’s access to support on start-up success as well as how this effect is accentuated by the human and social capital of start-up entrepreneurs. Novelty – Further understanding of how human capital and social capital could strengthen the contribution of support to start-up success represents an important direction for future entrepreneurship research. This paper also discusses the limitations of relevant previous research and offers suggestions for future research. Type of Paper: Review. Keywords: Start-up Support; Start-up Success; Human Capital; Social Capital; Malaysia. Reference to this paper should be made as follows: Kee, D. M. H.; Khin, S. 2019. Human Capital and Social Capital as Moderators of Start-up Support and Start-up Success, J. Mgt. Mkt. Review 4 (2): 107 – 114 https://doi.org/10.35609/jmmr.2019.4.2(2) JEL Classification: M10, M13, M19.

scholarly journals How Does the Entrepreneurs’ Financial, Human, Social and Psychological Capitals Impact Entrepreneur’S Success?

2020 ◽  
Vol 6 (3) ◽  
pp. 55
Author(s):  
Ashraf Elsafty ◽  
Dalia Abadir ◽  
Ashraf Shaarawy
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Psychological Capital ◽  
Statistical Significance ◽  
Strong Relationship ◽  
Financial Capital ◽  
Entrepreneurial Success ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
The Impact

The literature has widely covered the factors that determine the success of entrepreneurial ventures from financial and organizational perspectives. This study intends to tackle how the Financial Capital, the Human Capital, the Social Capital, and the Psychological Capital of the Entrepreneur affect Entrepreneurial Success. Despite that the Financial, Human, and Social Capitals are extensively examined in the literature as they relate to entrepreneurial success, this paper will add the psychological capital of the entrepreneur and examine its effect on entrepreneurial success in Egypt.This study aimed to investigate the effect of Financial Capital, Human Capital, Social Capital, and Psychological Capital on Entrepreneurial Success using a cross-sectional survey. Respondents were the owners and founders of small and medium enterprises (SMEs) in Cairo, Egypt. The results revealed that Social Capital and Psychological capital had a statistical significance as well as a positive strong relationship with Entrepreneurial success, while the Financial Capital and the Human Capital had statistical insignificance as well as a positive weak to a very weak relationship with Entrepreneurial success respectively.The study findings suggested that entrepreneurial success is strongly connected to the intangible resources of the entrepreneur, which are Social Capital and Psychological Capital, and that the Psychological Capital had the highest impact on Entrepreneurial success. However, the impact of the Financial Capital and Human Capital on Entrepreneurial Success was statistically insignificant.

scholarly journals Model of Entrepreneurial Success: A Review and Research Agenda

2017 ◽  
Vol 2 (1) ◽  
pp. 40-58 ◽  
Author(s):  
Maheshwar Prasad Yadav
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Research Agenda ◽  
Innovation Management ◽  
Vital Role ◽  
Financial Capital ◽  
Capital Social ◽  
Entrepreneurial Success ◽  
Management Skills ◽  
Personal Motivation

 The aim of this paper is to review the entrepreneurial models in order to identify most widespread factors of entrepreneurial success. This study comprises descriptive cum analytical research design. Nine models of entrepreneurial success were reviewed that led to three important findings. The first one is the both micro and macro factors, i.e., individual and environment contexts are necessary to build a comprehensive model of entrepreneurial success. The second is all three types of social, financial and human capital are essential to build a complete model that can explain entrepreneurial success in a better way. The third is the opportunity, environment and resources played the strong role; entrepreneur, innovation, management skills, organization and personal motivation played the moderate role while the weak role-played by the other factors as a whole. Based on the results, the study concludes that the recent research agenda of entrepreneurial success are: Do these factors play vital role for entrepreneurial success in the context of developing country like Nepal? Do entrepreneurs equipped with higher financial capital, social capital, and human capital more likely to be successful? What financial capital, social capital, and human capital matters for entrepreneurial success? How do financial, social, and human resources used by entrepreneurs behave and interact?

scholarly journals Livelihood Improvement through Agroforestry Compared to Conventional Farming System: Evidence from Northern Irrigated Plain, Pakistan

Land ◽  
2021 ◽  
Vol 10 (6) ◽  
pp. 645
Author(s):  
Shahzad Ahmad ◽  
Zhang Caihong ◽  
E. M. B. P. Ekanayake
Keyword(s):  
Social Capital ◽  
International Development ◽  
Natural Capital ◽  
Smallholder Farmers ◽  
Physical Capital ◽  
Financial Capital ◽  
Sustainable Livelihood ◽  
Conventional Farming ◽  
Fuel Wood ◽  
Livelihood Improvement

The concept of sustainable livelihood garnered a prominent status in humanitarian and international development organizations that aim to calculate and build a livelihood for agroforestry farmers. However, it is difficult to measure and analyze as well as visualize the data of livelihood improvement from agroforestry (AF). This paper comparatively assessed 400 smallholder farmers’ livelihood through AF and conventional farming (CF) systems in the Northern Irrigated Plain of Pakistan. The findings showed that AF has a mixed impact on farmers’ livelihood capital, including human, physical, natural, financial and social capital. Specifically, AF significantly improved financial capital in terms of timber, non-timber and fuel wood income. Furthermore, the physical capital (buffalo plough, generators and sprinklers), natural capital (the extent of cultivated land and land ownership; the number of households (HHs) growing vegetables, fruit crops and medicinal crops) and social capital (the number of social groups that HHs involved and number of HHs sharing crop seeds) of AF farmer HHs were significantly improved compared to those of CF farmers. However, the results show that financial capital gain through crop income, HHs owning high-value vehicles (tractors) and farmers trust and collective activities were significantly higher in CF farmers than AF ones. Therefore, to enhance the contribution of AF to rural livelihood, advanced extension services and government involvement on research planning and implementing are needed.

Abstract 662: Association Analysis of Raptor Gene Variants with Overweight and Hypertension in American Men of Japanese Ancestry

Hypertension ◽  
2014 ◽  
Vol 64 (suppl_1) ◽  
Author(s):  
Brian J Morris ◽  
Bruce A Carnes ◽  
Randi Chen ◽  
Timothy A Donlon ◽  
Qimei He ◽  
...  
Keyword(s):  
Genetic Variation ◽  
Recursive Partitioning ◽  
Nucleotide Polymorphisms ◽  
Contingency Table Analysis ◽  
Hypertension Status ◽  
Predictive Capacity ◽  
Homogeneous Population ◽  
Table Analysis ◽  
Mtor Complex 1 ◽  
Japanese Ancestry

The mechanistic target of rapamycin (mTOR) pathway is pivotal for cell growth and has been implicated in aging, cardiovascular disease, obesity, diabetes and cancer. mTOR signaling is involved in cardiac leptin-mediated cardiac hypertrophy and fibrosis associated with obesity. mTOR is a key component of two multiprotein complexes, mTOR complex 1 and mTOR complex 2. The former is pro-growth and contains a unique protein, raptor. The present study tested for the first time whether genetic variation across the raptor gene ( RPTOR ) is associated with overweight/obesity, essential hypertension (EHT) and isolated systolic hypertension (ISH). We genotyped 61 common (allele frequency ≥ 0.1) tagging single nucleotide polymorphisms (SNPs) that captured most of the genetic variation across RPTOR in 374 subjects of normal lifespan and 439 subjects with a lifespan exceeding 95 years. Subjects were drawn from the Honolulu Heart Program, a homogeneous population of American men of Japanese ancestry, well characterized for phenotypes relevant to conditions of aging. Hypertension status was ascertained when subjects were 45–68 years old. Statistical evaluation was performed by contingency table analysis, logistic regression and recursive partitioning (RP), which is regarded as amongst the most powerful methods for statistical analysis of large complex sets of genetic information. After analysis of RPTOR genotypes by each statistical approach we found no significant association between genetic variation in RPTOR and either EHT or ISH. For EHT, RP revealed that even the most predictive SNPs ( rs4969322 and rs4890052 ) provided little contribution to correctly assigning individuals to EHT or NT ( P =0.22 by Z test). In the case of ISH, RP revealed that only one SNP ( rs2589118 ) made a noticeable contribution, and that this was no better than the contribution from the weakest laboratory/examination variable (overweight/obesity). In contrast, for overweight/obesity, the RP model revealed that RPTOR SNPs significantly enhanced the predictive capacity of the model ( P =0.008 by one-tailed Z test). In conclusion, genetic variation across RPTOR is associated with overweight/obesity, but not EHT or ISH in the populations of normal lifespan and of long-lived subjects studied.

scholarly journals Social Capital: Trust Building as A Strategy of Developing Madrasa (A Case Study at MI Istiqomah Sambas Purbalingga)

2018 ◽  
Vol 3 (1) ◽  
pp. 57-76
Author(s):  
Munjin Munjin
Keyword(s):  
Social Capital ◽  
Research Question ◽  
Financial Capital ◽  
Trust Building ◽  
Institutional Trust ◽  
Religious Organization ◽  
Good Strategy ◽  
The Social ◽  
Mass Basis

The developent of madrasa should not depend on financial capital, like infrastructure and media. There is another variabel which has an important role, that is social capital. If the two variables are maximally used by the headmaster, madrasah will increase rapidly, moreover that madrasa has geneologically the big mass basis. Practically, there are many madrasas that have that two modals, but only few of them can manage to be a power to develop madrasa.  One of them is Madrasa Istiqomah Sambas Purbalingga, which uses social capital, espesially trust, as a strategi in developing madrasa, despite the fact that it does not stand under a certain religious organization.  So, the research question of this study is how MI Istiqomah Sambas Purbalingga build and manage the social capital of trust. In addition, this reseacrh will find out a good strategy in developing madrasa and strengthening the social capital. To collect data, the writer performed observation and interviewed some informants and collect some needed documentation. The collected data were then analyzed and connected to the theory used and finally was made conclusion. The conclusion of this research is that social capital of trust was built by philosophical, practical and institutional trust. The inclusive character of madrasa can also help to build trust.

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