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Social Capital and Entrepreneurship: Does the Relationship Hold in Deprived Urban Neighbourhoods?
Author(s) -
Williams Nick,
Huggins Robert,
Thompson Piers
Publication year - 2017
Publication title -
growth and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.657
H-Index - 55
eISSN - 1468-2257
pISSN - 0017-4815
DOI - 10.1111/grow.12197
Subject(s) - social capital , entrepreneurship , interpersonal ties , government (linguistics) , value (mathematics) , capital (architecture) , variety (cybernetics) , individual capital , sociology , business , economic growth , economics , financial capital , human capital , social science , geography , finance , linguistics , philosophy , archaeology , machine learning , artificial intelligence , computer science
The aim of this paper is to examine the relationship between social capital and entrepreneurship in deprived urban neighbourhoods (DUNs). While there is a great deal of research on social capital, its usage and value in deprived areas is an under‐researched topic. Drawing on survey data, it is found that social capital in the form of network ties within a DUN is linked to how entrepreneurship develops in these places. The breadth and variety of network ties that individuals are able to identify as sources of advice is related to the probability of considering an entrepreneurial career, and is even more strongly related to the conversion of entrepreneurial intentions into full engagement. If entrepreneurship is to be harnessed in DUNs a starting point is the enhancement of initiatives for developing social capital incorporating local businesses, residents, and local government agencies.