Publication
Research Paper
The impact of local social capital on different types of entrepreneurship
Published: 1 July 2025
ERC Research Paper No 117
Associated Themes
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COVID-19 -
Entrepreneurship -
Innovation -
Productivity and performance
This paper explores how local social capital influences different types of entrepreneurial activity in the UK. Drawing on Global Entrepreneurship Monitor (GEM) data from 2018–2021 and combining it with a highly granular measure of social capital from the Community Wellbeing Index (CWI), the authors examine eight entrepreneurial categories, including distinctions between necessity- and opportunity-driven entrepreneurship, high- and low-growth aspirations, exporting and non-exporting firms, and innovative versus non-innovative start-ups. The study pays particular attention to the COVID-19 period to understand how crisis conditions may have shaped these relationships.
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