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Entrepreneurship and mutuality: social capital in processes and practices.

McKeever, Edward; Anderson, Alistair; Jack, Sarah

Authors

Edward McKeever

Alistair Anderson

Sarah Jack

Abstract

Social capital, which offers the broader theoretical construct to which networks and networking relate, is now recognized as an important influence in entrepreneurship. Broadly understood as resources embedded in networks and accessed through social connections, research has mainly focused on measuring structural, relational and cognitive dimensions of the concept. While useful, these measurements tell us little about how social capital, as a relational artefact and connecting mechanism, actually works in practice. As a social phenomenon which exists between individuals and contextualized through social networks and groups, we draw upon established social theory to offer an enhanced practical understanding of social capital - what it does and how it operates. Drawing on the work of Pierre Bourdieu and Robert Putnam, we contribute to understanding entrepreneurship as a socially situated and influenced practice. From this perspective, our unit of analysis is the context within which entrepreneurs are embedded. We explored the situated narratives and practices of a group of 15 entrepreneurs from 'Inisgrianan', a small town in the northwest of Ireland. We adopted a qualitative approach, utilizing an interpretive naturalistic philosophy. Findings show how social capital can enable, and how the mutuality of shared interests allows, encourages and engages entrepreneurs in sharing entrepreneurial expertise.

Journal Article Type Article
Publication Date Aug 31, 2014
Journal Entrepreneurship and regional development
Print ISSN 0898-5626
Electronic ISSN 1464-5114
Publisher Taylor & Francis
Peer Reviewed Peer Reviewed
Volume 26
Issue 5-6
Pages 453-477
Institution Citation MCKEEVER, E., ANDERSON, A. and JACK, S. 2014. Entrepreneurship and mutuality: social capital in processes and practices. Entrepreneurship and regional development [online], 26(5-6), pages 453-477. Available from: https://doi.org/10.1080/08985626.2014.939536
DOI https://doi.org/10.1080/08985626.2014.939536
Keywords Entrepreneurship; Social capital; Social context; Community; Ethnographic; Qualitative

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