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 Determinants of Micro-Enterprise Success through Microfinance Institutions: A Capital Mix and Previous Work Experience

2020 ◽  
Vol 21 (2) ◽  
pp. 803-823
Author(s):  
Waseem Ul Hameed ◽  
Hisham Bin Mohammad ◽  
Hanita Binti Kadir Shahar
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Work Experience ◽  
Financial Capital ◽  
Primary Data ◽  
Research Approach ◽  
Capital Social ◽  
Microfinance Institutions ◽  
Enterprise Success

The prime objective of the study is to highlight the role of the capital mix (financial capital, social capital, human capital) on women micro-enterprise success with moderating role of previous work experience. Women owned micro-enterprise success is less as compared to the male owned micro-enterprsie, particularly in Pakistan. Rate of faliure in women micro-enterpeise is more, that is the reason women community is one of the most vulnerable group worldwide. It is evident from literature that less attention has been paid to highlight the importance of three types of capital for women micro-enterprise. To adress this issue, the current study adopted quantitative research approach and based on cross-sectional research design. Primary data was collected by using 5-point Likert scale. Questionnaires were distributed among the owners of women micro-enterprise in Pakistan by using area cluster sampling. SmartPLS 3 was used to analyze the data. It is found that financial capital, social capital and human capital has significant positive relationship with women micro-enterprise success and previous work experience moderates the relationship. Hence, this study contributed by developing a unique framework for women micro-enterprise success. It will be beneficial for practitioners to enhance women micro-enterprise success rate.

scholarly journals Maximizing Religious Capital: Building English Villages Based on Islamic Education around the Campus

Nadwa ◽  
2019 ◽  
Vol 13 (2) ◽  
pp. 337
Author(s):  
Muhammad Saifullah ◽  
Sofa Muthohar ◽  
Sayyidatul Fadlilah
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Natural Capital ◽  
Physical Capital ◽  
Financial Capital ◽  
Learning Center ◽  
Capital Social ◽  
Font Size ◽  
Religious Activities ◽  
Religious Capital

<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: justify;"><span style="font-size: 10.0pt;">Some Islamic groups, especially the traditional Indonesian circles, have a negative view of English. English is considered the language of infidel invaders and the language of hell. This paper aims to describe the development of society in implementing Islamic religious education while eliminating the negative impression of the use of English in Islamic societies to be an important language to be learned as a language of global communication. The research method uses the sociological phenomenological method. The results showed that the Amanah village had six social capital namely human capital, social capital, natural capital, physical capital, and financial capital and religious capital. The development strategy undertaken is to maximize religious capital by establishing religious institutions and carrying out religious activities by being given English language lessons. There are two centers of activity, namely the Baitussalam mosque and the AleC (Amanah Learning Center). Other capital that plays a significant role is social capital that is inclusive and accommodating towards migrants.</span></p><p class="MsoNormal" style="text-align: justify;"><strong><span style="font-size: 10.0pt; mso-ascii-font-family: 'Times New Roman'; mso-ascii-theme-font: major-bidi; mso-hansi-font-family: 'Times New Roman'; mso-hansi-theme-font: major-bidi; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: major-bidi;">Abstrak</span></strong></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 10.0pt; mso-ascii-font-family: 'Times New Roman'; mso-ascii-theme-font: major-bidi; mso-hansi-font-family: 'Times New Roman'; mso-hansi-theme-font: major-bidi; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: major-bidi;">Sebagian masyarat Islam terutama kalangan tradisional Indonesia berpandangan negative terhadap bahasa Inggris. Bahsa inggris dianggap sebagai bahasa para penjajah yang kafir dan bahasa neraka. Tulisan ini bertujuan untuk menggambarkan pembangunan masyarakat dalam melaksanakan pendidikan Agama Islam sekaligus menghilangkan kesan negative penggunaan bahasa Inggris di masyarakat Islam menjadi bahasa penting untuk dipelajari sebagai bahasa komunikasi global. Metode penelitian menggunakan metode fenomenologis sosiologis. Hasil penelitian menunjukkan bahwa kampung Amanah memiliki enam modal sosial yaitu human capital, social capital, natural capital, physical capital dan financial capital serta religious capital. Strategi pembangunan yang dilakukan yaitu dengan memaksimalkan modal relgius dengan mendirikan institusi agama dan menjalankan kegiatan-kegiatan agama dengan diberi sisipan pelajaran bahasa Inggris. Pusat kegiatan ada dua yaitu masjid baitussalam dan AleC (Amanah Learning Center). Modal lain yang sangat berperan adalah modal sosial masyarakat yang bersikap inklusif dan akomodatif terhadap para pendatang. </span></p><p class="MsoNormal" style="text-align: justify;"><span class="tlid-translation"><span style="mso-ansi-language: EN;" lang="EN"> </span></span></p>

The importance of new forms of capital in nonprofit organizations

2017 ◽  
Vol 44 (7) ◽  
pp. 846-868 ◽  
Author(s):  
Paulo Mourão ◽  
Teresa Pereira ◽  
Maria Cristina Moreira
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Nonprofit Organizations ◽  
Survey Research ◽  
Design Methodology ◽  
Organizational Capacity ◽  
Financial Capital ◽  
Red Cross ◽  
Capital Social ◽  
Content Type

Purpose The purpose of this paper is to understand the extent to which new forms of capital are noticed by different members of nonprofit organizations (directors, employees, and volunteers) and valued as a factor of organizational capacity. Design/methodology/approach Using survey research methodology, the authors studied a nonprofit institution – a delegation of the Portuguese Red Cross located in Fafe, a city in northern Portugal, by giving a questionnaire to all its members. Findings The respondents revealed that the existence of other forms of capital (in addition to financial capital) is recognized and valued and that human capital as a whole is particularly relevant to the fulfillment of the Fafe Delegation of Portuguese Red Cross’ mission. Originality/value This is the first study on the perceptions of human capital, social capital and financial capital in a Portuguese nonprofit organization.

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.

Managing Talent across Organizations

2017 ◽  
Author(s):  
Gina Dokko ◽  
Winnie Jiang
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Career Mobility ◽  
Social Resources ◽  
Capital Social ◽  
Career Trajectories ◽  
Per Se ◽  
And Performance

What do talented employees carry with them as they move across organizations? How portable are their expertise, resources, and performance? As organizations’ needs for talent grow and individuals’ career trajectories become increasingly diverse, these questions become more important. In this chapter, we draw from career-mobility research and develop a framework that considers the human capital, social capital, and identity issues in talent movement. We also provide implications for organizations as talent enters and exits an organization. In sum, we suggest that intake of talent per se does not necessarily lead to successful acquisition and utilization of the talent’s capital. Conversely, departure of talent does not mean an absolute loss to organizations—losing talent can potentially bring organizations unexpected gains, such as new social resources.

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 Antecedents of Sustainable Social Entrepreneurship Initiatives in Pakistan and Outcomes: Collaboration between Quadruple Helix Sectors

2018 ◽  
Vol 10 (12) ◽  
pp. 4539 ◽  
Author(s):  
Jawad Iqbal ◽  
Shakeela Kousar ◽  
Waseem ul Hameed
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Social Entrepreneurship ◽  
Social Problems ◽  
Research Study ◽  
Motivational Factors ◽  
Quadruple Helix ◽  
Capital Social ◽  
Personal Factors ◽  
Entrepreneurial Ventures

The concept of social entrepreneurship has not reached full understanding in almost all developing countries, specifically in Pakistan. Social entrepreneurship is an outstanding social vehicle that, if adopted, can transform a society by resolving its social, economic, and environmental issues with the help of homemade solutions for social problems. The phenomena of social entrepreneurship rarely exist in Pakistan, due to a lack of research in and awareness of the field. So far, no quantitative or qualitative research has been conducted on the subject area of social entrepreneurship. Thus, the prime objective of this study is to investigate the effect of personal factors (human capital, social capital, motivational factors) on the development of social entrepreneurial ventures in Pakistan. This research study has investigated the interaction effect of the collaboration of quadruple helix sectors on the factors that affect the development of social entrepreneurial ventures in Pakistan. Quadruple Helix Innovation Theory (QHIT) explains that the economic development of a country stands on four pillars: university, industry, government, and civil society. In this research, a quantitative research approach has been adopted by using a survey questionnaire. This research study has used convenience sampling to select a sample from the target population for collecting answers from respondents who were conveniently available. The population of this study includes all of the social entrepreneurs operating in two important cities (Bahawalpur, Multan) of southern Punjab, Pakistan. SmartPLS 3 was utilized to analyze the data. Moderation has been tested using the bootstrapping technique in SmartPLS software. It is found that human capital, social capital, and motivational factors have a significant positive relationship with social entrepreneurship. Moreover, quadruple helix sectors moderate the relationship between personal factors (human capital, social capital, motivational factors) and social entrepreneurship. The study provides a road map for the development of social entrepreneurship in Pakistan as a solution to social problems.

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