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Financial constraints, human and social capital, and risk‐taking attitude in the foundation of new firms
Author(s) -
Fourati Hedia,
Affes Habib
Publication year - 2011
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.897
Subject(s) - foundation (evidence) , social capital , human capital , financial capital , capital (architecture) , business , distribution (mathematics) , finance , economic capital , individual capital , new ventures , economics , entrepreneurship , market economy , sociology , political science , social science , mathematical analysis , mathematics , archaeology , history , law
Financial capital plays an important role in firm creation for the more rich entrepreneurs and risk‐taking attitude predicts new ventures for the entrepreneurs in the median of wealth distribution, but appropriate human capital and age of the entrepreneurs are critical in the case of new business creation.
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