The Impact of Local Social Capital on Different Types of Entrepreneurship

Tomasz Mickiewicz*, Anastasia Ri, Neha Prashar, Mark Hart

*Corresponding author for this work

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Abstract

We develop a conceptual framework that links local social capital with different types of business start-ups (necessity and opportunity, low- and high-growth ambition, exporting and not, innovative and less innovative). We empirically test these relationships, utilising UK data, between 2018 and 2021. We gain unique insights at a granular spatial level on the diverse impact of local social capital on types of entrepreneurial activity. Our findings show that local social capital may be important in supporting less ambitious forms of entrepreneurship, particularly during crises.
Original languageEnglish
Article number2502645
Number of pages21
JournalRegional Studies
Volume59
Issue number1
DOIs
Publication statusPublished - 12 Jun 2025

Bibliographical note

Copyright © 2025 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. The terms on which this article has been published allow the posting of the Accepted Manuscript in a repository by the author(s) or with their consent.

Funding

The authors are grateful to the Cooperative Group for allowing the use of its Community Wellbeing Index(CWI) data, and in particular to Sophie Wozmirska for shaping the data into the required format, and for assistance and explanations. We are also grateful to Richard Harries, Associate Director of the Institute for Community Studies, for valuable help and advice. We received valuable comments and criticism from participants at the annual conference of the Institute for Small Business and Entrepreneurship at York University, UK Global Entrepreneurship Monitor (GEM) annual meeting at Aston University, Enterprise Research Centre seminar at Warwick University, and Regional Studies winter conference in London, and especially from Simona Iammarino, Neil Lee and Ruggero Cefalo. However, everything in this paper is attributed solely to the authors, including any errors made.

Keywords

  • COVID-19
  • Community Wellbeing Index
  • UK
  • entrepreneurship
  • global entrepreneurship monitor
  • social capital

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