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 journalArticlepeer-review

10 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

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting(all)

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