Abstract
Social capital is valuable for entrepreneurs starting a business. Although many small businesses are located at the entrepreneurs' dwelling, little is known about entrepreneurs' local ties and their relevance for firm success. Distinguishing between local and non-local social capital, this contribution looks at the following:
-
(1) The availability of local social capital
-
(2) The relation between social capital and local social capital, and characteristics of firms and entrepreneurs
-
(3) The relation between social capital and local social capital and firm performance
Notes
See also Bourdieu Citation(1980), Burt Citation(1992); Flap and Boxman Citation(2001) who apply this micro level perspective on social capital and emphasize its instrumental value.