The social dimensions of entrepreneurship

Abstract

This paper proposes an integrative framework to conceptualize important social dimensions of entrepreneurship. The paper reviews and evaluates the current status of research dealing with entrepreneurship, social capital and trust. The proposed framework rests on the recognition that entrepreneurial activities are results of social interactions and mechanisms. In consequence, entrepreneurship cannot merely be understood in terms of 'personality characteristics' or in sterile economic terms. The paper addresses by concluding implications for practitioners and for research. © 2004 Elsevier Ltd. All rights reserved.