IDEAS home Printed from https://ideas.repec.org/a/eee/soceco/v39y2010i6p631-644.html
   My bibliography  Save this article

How do private entrepreneurs transform local social capital into economic capital? Four case studies from rural Denmark

Author

Listed:
  • Haase Svendsen, Gunnar Lind
  • Kjeldsen, Chris
  • Noe, Egon

Abstract

Bourdieu's (1986) General Theory of the Economy of Practices assumes that people perpetually transform tangible and intangible forms of capital according to certain 'laws of conversion'. On this background, and combining sociology and micro-economics, we analyze specific strings of capital conversion in time and space. More specifically, we raise the question: How do private entrepreneurs transform local social capital into economic capital? We combine in-depth interviews with four private entrepreneurs in rural Denmark with Prisoner's Dilemma game theory. Thus each of our cases illustrates one of the outcomes in the PD matrix. In this way we explain why only one of the four entrepreneurs succeeds in capitalizing social capital.

Suggested Citation

  • Haase Svendsen, Gunnar Lind & Kjeldsen, Chris & Noe, Egon, 2010. "How do private entrepreneurs transform local social capital into economic capital? Four case studies from rural Denmark," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(6), pages 631-644, December.
  • Handle: RePEc:eee:soceco:v:39:y:2010:i:6:p:631-644
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/B6W5H-50F3PK5-2/2/f2a1343ed5a1e13ac8037c7a377fefa4
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Joel Sobel, 2002. "Can We Trust Social Capital?," Journal of Economic Literature, American Economic Association, vol. 40(1), pages 139-154, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:eee:touman:v:63:y:2017:i:c:p:338-350 is not listed on IDEAS
    2. Backes-Gellner, Uschi & Moog, Petra, 2013. "The disposition to become an entrepreneur and the jacks-of-all-trades in social and human capital," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 47(C), pages 55-72.
    3. Katona-Kovacs, Judit, 2014. "Where to put the focus in rural development? Changing the focus from funding to learning," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 0(Number 1), pages 1-8, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:soceco:v:39:y:2010:i:6:p:631-644. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/locate/inca/620175 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.