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Human and social capital as drivers of entrepreneurship

Author

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  • Madriz, Carolina

    (Business School. Tecnológico de Costa Rica. Calle 15, Ave. 14 Cartago 30101, Costa Rica)

  • Leiva, Juan Carlos

    (Business School. Tecnológico de Costa Rica. Calle 15, Ave. 14 Cartago 30101, Costa Rica)

  • Henn, Ralph

    (Institute for Entrepreneurship, Technology-Management and Innovation (EnTechnon) at the Karlsruher Institute of Technology Germany)

Abstract

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

Suggested Citation

  • Madriz, Carolina & Leiva, Juan Carlos & Henn, Ralph, 2018. "Human and social capital as drivers of entrepreneurship," Small Business International Review, Asociación Española de Contabilidad y Administración de Empresas - AECA, vol. 2(1), pages 29-42, January.
  • Handle: RePEc:aaz:sbir01:v:2:y:2018:i:1:p:29-42
    DOI: 10.26784/sbir.v2i1.47
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    References listed on IDEAS

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    Cited by:

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    2. Bojan Moric Milovanovic & Zoran Wittine & Zoran Bubas, 2021. "Examining Entrepreneurial Orientation €“ Performance Relationship Among Croatian Service Smes," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 30(2), pages 509-526, december.
    3. Caceres-Diaz, Piero & Usero-Sanchez, María Belén & Montoro-Sanchez, Angeles, 2019. "Digital Infrastructure and Entrepreneurship: The Digital Era's Enabling Effect," 30th European Regional ITS Conference, Helsinki 2019 205172, International Telecommunications Society (ITS).
    4. Gregory N. Price & Chris W. Surprenant, 2022. "The Treatment Effect of Business Education on the Supply of High School Entrepreneurs in Atlanta and New Orleans," The American Economist, Sage Publications, vol. 67(1), pages 85-98, March.
    5. Christel Gilles & Alain Trannoy & Antoine Baéna & Léa Flamand & Manal Tannani, 2022. "Quelles performances des entreprises créées par les séniors ?," Working Papers hal-04001005, HAL.

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    More about this item

    Keywords

    knowledge; self-efficacy; entrepreneurship; human capital; social capital;
    All these keywords.

    JEL classification:

    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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