Nascent enterprises and growth aspirations in a post-conflict environment: The role of social capital

Tomascz Mickiewicz; Adnan Efendic; Anna Rebmann

doi:10.4324/9781315725826

Nascent enterprises and growth aspirations in a post-conflict environment: The role of social capital

Tomascz Mickiewicz, Adnan Efendic, Anna Rebmann^*

^*Corresponding author for this work

Economics, Finance and Entrepreneurship

Research output: Chapter in Book/Published conference output › Chapter

Abstract

This chapter focuses on the effects of social capital on the growth aspirations of owners and managers of young businesses in a post-conflict country, namely Bosnia and Herzegovina (BiH). As post-conflict environments are fragile yet may also offer opportunities for economic turnaround, they call for special attention (Collier, 2008). Consistent with Penrose (1959), it is posited that firms’ growth strategies are primarily due to managerial capital; moreover, it is in the early stage of business activity in young firms that growth dynamism is particularly constrained by management. Enterprise is as much about firm growth as about emergence of new firms (Penrose, 1959), with growth being the critical stage of their development (Wright and Marlow, 2012).

Original language	English
Title of host publication	Routledge Handbook of Entrepreneurship in Developing Economies
Publisher	Taylor & Francis
Pages	70-89
Number of pages	20
ISBN (Electronic)	9781315725826
ISBN (Print)	9781138849143
DOIs	https://doi.org/10.4324/9781315725826
Publication status	Published - 22 Jul 2016

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Nascent enterprises and growth aspirations in a post-conflict environment: The role of social capital

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