Social capital and new business start-ups: the moderating effect of human capital Online publication date: Sat, 11-Oct-2014
by Lars Ronning
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 12, No. 2, 2011
Abstract: This paper adds to the literature on social capital and entrepreneurship. Along with human capital, social capital is perceived as resources that trigger and drive the entrepreneurial process. The network success hypothesis articulates social capital as a driver of entrepreneurial success, while the compensation hypothesis states that social capital compensates entrepreneurs for lack of human capital or financial capital. In this study the compensation hypothesis is tested by hypothesising moderating effects of human capital on the association between social capital and entrepreneurial activity. The results from logistic regression analysis applied on a sample of 712 Norwegian farm households show that farming experience and partly education diminish the positive associations found between social capital variables and entrepreneurial activity. Former start-up experience did not show significant moderating effects.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Entrepreneurship and Small Business (IJESB):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook