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The formation and role of religious social capital in driving entrepreneurial action

Year: 2023

Type: article

Abstract: Spiritual capital serves as a unique resource that can contribute to entrepreneurial action. This paper develops the concept of religious social capital, as a distinct component of spiritual capital, and theorizes its role in motivating and supporting entrepreneurial action. This is important because individuals with religious affiliations are often deeply embedded within a religious community yielding strong and unique forms of social capital; and social capital in general is well established as a key driver of entrepreneurial action. The paper then elaborates the distinctive structural, cognitive and relational dimensions of religious social capital, and theorizes distinctive mechanisms by which these enable effective entrepreneurial action through community attention and community spanning.

Source: Journal of Business Venturing Insights

DOI: 10.1016/j.jbvi.2023.e00426

Authors: Binyam Zewde Alemayehu, Paul Steffens, Scott R. Gordon

Institution: The University of Adelaide

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: hybrid

Estimated APC paid: $2,810