The entrepreneurial start-up process

The role of social capital and the social economic condition

Enkhbold Chuluunbaatar, Ottavia, Ding Bang Luh, Shiann-Far Kung

Research output: Contribution to journalArticle

9 Citations (Scopus)

Abstract

Entrepreneurship is a complex phenomenon that involves not only economic activity but also social mechanisms. The intention to become an entrepreneur is a matter not only of one's individual personality but also of one's interaction with the social environment. This study has three main objectives: predicting the existence of entrepreneurial behavioural intentions in different socio-economic conditions; examining how entrepreneurial behavioural intentions formulate entrepreneurial behaviour; and identifying how social capital influences this relationship. It also aims to reveal the differences between entrepreneurs in a relatively mature free market economy (Taiwan) and a newly emerging free market economy (Mongolia). The analysis shows that socio-economic conditions affect the formation of entrepreneurial intentions. There are different approaches to building social capital in a relatively mature market and its newly emerging counterpart. The tendency of having high trust and social ties was found in Taiwanese entrepreneurs, while monitoring is commonly found among Mongolian entrepreneurs.

Original languageEnglish
Pages (from-to)43-71
Number of pages29
JournalAsian Academy of Management Journal
Volume16
Issue number1
Publication statusPublished - 2011 Jan 1

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Entrepreneurs
Economic conditions
Start-up
Social capital
Behavioral intention
Free market
Socio-economics
Market economy
Mongolia
Social mechanisms
Taiwan
Entrepreneurial intention
Monitoring
Social ties
Interaction
Entrepreneurship
Economic activity
Entrepreneurial behavior
Social environment

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting(all)

Cite this

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The entrepreneurial start-up process : The role of social capital and the social economic condition. / Chuluunbaatar, Enkhbold; Ottavia; Luh, Ding Bang; Kung, Shiann-Far.

In: Asian Academy of Management Journal, Vol. 16, No. 1, 01.01.2011, p. 43-71.

Research output: Contribution to journalArticle

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