We aim to contribute to the analysis of the role that spacebound social capital plays in local/regional entrepreneurship. We compare social capital with other forms of capital. The conclusion is that in the main, social capital can be analyzed in the same way as other capital but it has some important special attributes. With these attributes as starting point we sketch an outline model of how the spatially-defined producer surplus and consumer surplus form a place surplus, and of the role played by social capital in the creation of the producer surplus. A "rereading" of Schumpeter shows that he was aware of several aspects of what we denominate entrepreneurship-inhibiting and facilitating aspects of social capital. Finally, we discuss some formal economic modeling approaches to the theoretical relationship between social capital and entrepreneurship.
Small Business Economics – Springer Journals
Published: Oct 11, 2004
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera