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The articulation of social capital in entrepreneurial networks: a glue or a lubricant?

Anderson, Alistair R.; Jack, Sarah L.

Authors

Alistair R. Anderson

Sarah L. Jack



Abstract

Whilst social capital has been applied in a variety of contexts the nature, role and application of social capital in an entrepreneurial context have not been extensively explored. The nature of social capital presents a conceptual puzzle in that it is said to be both glue, which forms the structure of networks, and at the same time a lubricant that facilitates the operation of networks. Using techniques of participant observation and interviews this paper attempts to resolve this enigma. It finds that social capital is not a thing, but a process that creates a condition of social capital. The structural and relational aspects are found to be dimensions of this process. Interestingly the data also demonstrates that there are successful etiquettes of social capital formation. These etiquettes provide the rules and framework for the interactions.

Journal Article Type Article
Publication Date Dec 31, 2002
Journal Entrepreneurship and regional development
Print ISSN 0898-5626
Electronic ISSN 1464-5114
Publisher Taylor & Francis
Peer Reviewed Peer Reviewed
Volume 14
Issue 3
Pages 193-210
Institution Citation ANDERSON, A.R. and JACK, S.L. 2002. The articulation of social capital in entrepreneurial networks: a glue or a lubricant? Entrepreneurship and regional development [online], 14(3), pages 193-210. Available from: https://doi.org/10.1080/08985620110112079
DOI https://doi.org/10.1080/08985620110112079
Keywords Social capital; Social interaction; Entrepreneurship; Networks; Entrepreneurial process

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