Middle-Class Entrepreneurship and the Effect of Social Capital

This paper surveys Ecuadorian entrepreneurs to ascertain the differences between middle-class and upper-class entrepreneurs and identify the variables associated with the "success" of a business. The paper also explores the variables that can determine the probability of upward intergenerational mobility. The paper finds that, although the level of social capital among Ecuadorian entrepreneurs is weak, it positively affects the chances of being a dynamic entrepreneur.

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Bibliographic Details
Main Author: Inter-American Development Bank
Other Authors: Xavier Ordeñana
Format: Working Papers biblioteca
Language:English
Published: Inter-American Development Bank
Subjects:Social Development, L26 - Entrepreneurship, M13 - New Firms • Startups, Entrepreneurship, Middle classes, Social capital, income mobility, social mobility,
Online Access:http://dx.doi.org/10.18235/0011397
https://publications.iadb.org/en/middle-class-entrepreneurship-and-effect-social-capital
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Summary:This paper surveys Ecuadorian entrepreneurs to ascertain the differences between middle-class and upper-class entrepreneurs and identify the variables associated with the "success" of a business. The paper also explores the variables that can determine the probability of upward intergenerational mobility. The paper finds that, although the level of social capital among Ecuadorian entrepreneurs is weak, it positively affects the chances of being a dynamic entrepreneur.