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'Class matters': human and social capital in the entrepreneurial process.

Anderson, Alistair R.; Miller, Claire J.


Alistair R. Anderson

Claire J. Miller


This paper explores how entrepreneurial family background impacts upon the development of social and human capital resources and demonstrates how these affect the profitability and growth of new enterprise. Through a qualitative approach, we found that those entrepreneurs from higher socio-economic groupings had high endowments of human capital. Significantly, their businesses were characterised by greater profitability and growth potential. Those entrepreneurs also had social networks characterised by high endowments of human capital. Consequently entrepreneurs from higher socio-economic class had access to highly effective business support, and these networks provided a platform from which opportunities could be both recognised and realised.


ANDERSON, A.R. and MILLER, C.J. 2003. 'Class matters': human and social capital in the entrepreneurial process. Journal of socio-economics [online], 32(1), pages 17-36. Available from:

Journal Article Type Article
Acceptance Date Mar 11, 2003
Online Publication Date Mar 11, 2003
Publication Date Mar 31, 2003
Deposit Date Nov 4, 2014
Publicly Available Date Nov 4, 2014
Journal Journal of socio-economics
Print ISSN 1053-5357
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 32
Issue 1
Pages 17-36
Keywords Class; Family; Entrepreneurship; Human capital; Social capital
Public URL


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