scholarly journals Human and social capital as drivers of entrepreneurship

2018 ◽  
Vol 2 (1) ◽  
pp. 29-42 ◽  
Author(s):  
Carolina Madriz ◽  
Juan Carlos Leiva ◽  
Ralph Henn

The objective of this study is to determine whether human and social capital are drivers of entrepreneurship. The methodology involves the estimation of descriptive and inferential statistical techniques such as logistic regressions and correlations of variables. It is focused on information from the Global Entrepreneurship Monitor database for 2012 from Germany and Costa Rica. The results demonstrate that human and social capital, factors related to knowledge, have a positive statistical relationship with the propensity to become an entrepreneur. Little difference exists among knowledge-related factors across countries. They are mainly related to the cultural contexts, which affect the propensity to become an entrepreneur

2018 ◽  
Vol 12 (3) ◽  
pp. 43-49
Author(s):  
Eugenia Ferreto Gutiérrez ◽  
Esteban Lafuente ◽  
Juan Carlos Leiva Bonilla

Este documento analiza cómo distintas formas de capital humano afectan la decisión emprendedora. Para alcanzar este objetivo, se lleva a cabo una revisión de la literatura existente para las variables de estudio, a saber, formación y autoconfianza como una habilidad percibida. Para la aplicación empírica se utilizó la información provista por la base los datos del Global Entrepreneurship Monitor (GEM) 2014 para Costa Rica. Entre los resultados obtenidos destacan que los ejemplos emprendedores (role model) influyen positivamente en la decisión emprendedora. Además, el miedo al fracaso hace que sea menos probable que las personas decidan emprender, mientras que las personas con autoconfianza en sus habilidades emprendedoras −habilidad percibida− deciden emprender más en comparación a otra persona que no cuente con esta habilidad.    


2021 ◽  
Vol 13 (24) ◽  
pp. 14036
Author(s):  
George Martinidis ◽  
Nicos Komninos ◽  
Arkadiusz Dyjakon ◽  
Stanislaw Minta ◽  
Małgorzata Hejna

Intellectual capital is an overarching concept that includes the intangible, human-related factors that are relevant to the innovation process, such as human capital and social capital. In the present study, intellectual capital was assessed by indicators measuring different aspects of human and social capital. Factor analysis demonstrated the existence of three underlying factors, with all variables of the model having important contributions to them. A linear regression analysis indicated that 8 out of the 12 variables of intellectual capital used have a statistically significant impact on the measure of innovation output. These findings were discussed and their implications for policy were considered. The paper provides research evidence on the importance of intellectual capital for innovation output and discusses potential ways to achieve smart, sustainable and inclusive growth in the context of the next generation of sustainable smart specialisation strategies.


2017 ◽  
Vol 11 (3) ◽  
pp. 377-392 ◽  
Author(s):  
Adriana Zait

Purpose The purpose of this paper was to identify the main necessary competences for smart cities’ development. From their inception until now, smart cities are striving to clarify their identity and become better, and thus, smarter. The whole process is in many ways similar to the journey of a child in his quest of growing into a smart adult, with the help of parents and support from educators. But it is not easy to tell how we, as citizens, through civic, educational and governance structures, raise smart cities. What competences do we need? This was the main question for the present essay, generated from several theoretical and practical experiences. Design/methodology/approach In this study, literature analysis, synthesis and theoretical inferences, for the smart city problematiques, and induction and exploratory qualitative analysis, for soft, civilizational competences, were used. Findings The main conclusion is that the literature still associates the smart city especially with its hard dimension, the highly developed and intelligent technologies, including information and communication technologies (ICTs), despite a growing number of studies dedicated to the soft, human and social capital component. The intangible, soft component – the human actor – plays an equally, if not even more important role, through mechanisms affecting all classical dimensions of smart cities (smart economy, people, governance, mobility, environment, living). Civilizational competences, soft skills or human-related characteristics of cities strongly influenced by culture (at national, regional, organizational and individual levels) are crucial for the development of smart and competitive cities. Civilizational competences are grouped into four categories: enterprise culture, discoursive culture, civic culture and daily culture. If we want to make our cities smart, we need to develop these competences – first define them, then identify their antecedents or influence factors and measure them. Research limitations/implications The study has several limits. First, the exploratory nature in itself, with many inductive and abductive suppositions that will need further testing. Second, the literature selection has a certain degree of subjectivity owing to the fact that besides the common, classical theory of smart cities, the authors were particularly interested in rather heterodox opinions about the subject, which lead them to the inclusion of singular or isolated points of view on narrower issues. Practical implications The findings of this exploratory conceptual essay could be used for further testing of hypotheses on the relationship between civilizational competences and smart cities’ development. Social implications Local and regional administrations could use the results to increase civil society’s involvement in the development of smart cities. Originality/value The study points out some new connections and relations for the smart city problematiques, and explicitly suggests relating the development of smart cities to the development of civilizational competences, as a complex category of factors going beyond the unique dimension of “people” or “human and social capital” from the smart cities literature. It is an exploratory outcome, generating new research hypotheses for the relationships between smart city development and culture-related factors grouped under the “cities” civilizational competences’ label.


2012 ◽  
Vol 9 (3) ◽  
pp. 249-262 ◽  
Author(s):  
Mikolaj Stanek ◽  
Alberto Veira

Using the Spanish National Immigrant Survey (NIS-2007) we identify the ethnic niches where workers from five main immigrant communities concentrate. We then implement logit models in order to assess how structural factors and human and social capital variables affect the odds of working in these niches. We observe that the strong segmentation of the Spanish labour market strongly favours the concentration of immigrants in certain occupational niches. Nevertheless, variables related to human and social capital still play a significant role in the placement of immigrant workers in different niches, all of which are not equally attractive. 


2020 ◽  
Vol 16 (10) ◽  
pp. 1800-1816
Author(s):  
G.B. Kozyreva ◽  
T.V. Morozova ◽  
R.V. Belaya

Subject. The article provides considerations on the formation and development of a successful person model in the modern Russian society. Objectives. The study is an attempt to model a successful person in the Russian society, when the ideological subsystem of the institutional matrix is changing. Methods. The study relies upon the theory of institutional matrices by S. Kirdina, theories of human and social capital. We focus on the assumption viewing a person as a carrier of social capital, which conveys a success, socio-economic position, social status, civic activism, doing good to your family and the public, confidence in people and association with your region. The empirical framework comprises data of the sociological survey of the Russian population in 2018. The data were processed through the factor analysis. Results. We devised a model of a successful person in today's Russian society, which reveals that a success, first of all, depends on the economic wellbeing and has little relation to civic activism. The potential involvement (intention, possibility, preparedness) in the social and political life significantly dominates the real engagement of people. The success has a frail correlation with constituents of the social capital, such as confidence in people and doing good to the public. Conclusions and Relevance. Based on the socio-economic wellbeing, that is consumption, the existing model of a successful person proves to be ineffective. The sustainability of socio-economic wellbeing seriously contributes to the social disparity of opportunities, which drive a contemporary Russian to a success in life.


2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Lucio Fuentelsaz ◽  
Juan P. Maicas ◽  
Javier Montero

AbstractThe creation of new ventures involves a great deal of risk and uncertainty. However, research has been theoretically divergent and empirically inconclusive about the influence of individuals’ risk tolerance on entrepreneurial entry. In this paper, we argue that this relationship is contingent on the reference point of individuals, taking into account the human capital and the opportunity cost of individuals when they decide to start a venture. This approach allows us to clarify some of the previous mixed results in the literature. We use a sample of almost 600,000 individuals from 90 countries that have participated in the Global Entrepreneurship Monitor project between 2010 and 2014. Our results show that individuals with previous experience as entrepreneurs do not need to be so risk-tolerant to set up their own venture, while individuals with a job and/or a high educational level need to be especially risk-tolerant to become entrepreneurs.


2016 ◽  
Vol 45 (2) ◽  
pp. 132-149 ◽  
Author(s):  
Vicente González-Romá ◽  
Juan Pablo Gamboa ◽  
José M. Peiró

We investigated whether a set of indicators of the employability dimensions proposed by Fugate, Kinicki, and Asforth (i.e., career identity, personal adaptability, and human and social capital) are related to university graduates’ employment status and five indicators of the quality of their jobs (pay, hierarchical level, vertical and horizontal match, and job satisfaction). We analyzed a representative sample of university graduates ( N = 7,881) from the population of graduates who obtained their degree from the University of Valencia in the period 2006–2010. The results showed that indicators of human and social capital were related to employment status, whereas indicators of human and social capital and career identity were related to distinct job quality indicators. These results support the validity of the conceptual model proposed by Fugate et al. to investigate employability in samples of university graduates.


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