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Middle-Class Entrepreneurship and the Effect of Social Capital

Author

Listed:
  • Xavier Ordenana
  • Elizabeth Arteaga

Abstract

This paper surveys Ecuadorian entrepreneurs to ascertain the differences between middle-class and upper-class entrepreneurs and identify the variables associated with the “success” of a business. The paper also explores the variables that can determine the probability of upward intergenerational mobility. The paper finds that, although the level of social capital among Ecuadorian entrepreneurs is weak, it positively affects the chances of being a dynamic entrepreneur.

Suggested Citation

  • Xavier Ordenana & Elizabeth Arteaga, 2012. "Middle-Class Entrepreneurship and the Effect of Social Capital," Research Department Publications 4801, Inter-American Development Bank, Research Department.
    • Handle: RePEc:idb:wpaper:4801
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    File URL: http://www.iadb.org/research/pub_hits.cfm?pub_id=36990452
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    Cited by:

    1. Roxana Gutiérrez-Romero & Luciana Méndez-Errico, 2017. "Does Inequality Foster or Hinder the Growth of Entrepreneurship in the Long Run?," Research on Economic Inequality, in: Research on Economic Inequality, volume 25, pages 299-341, Emerald Group Publishing Limited.

    More about this item

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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