The Interplay of Human and Social Capital in Shaping Entrepreneurial Performance: The Case of Vietnam

Santarelli, Enrico ; Thu Tran, Hien (2012) The Interplay of Human and Social Capital in Shaping Entrepreneurial Performance: The Case of Vietnam. Bologna: Dipartimento di Scienze economiche DSE, p. 36. DOI 10.6092/unibo/amsacta/4215. In: Quaderni - Working Paper DSE (803). ISSN 2282-6483.
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Abstract

This study investigates the effects of human capital, social capital and their interaction on the performance of 1,398 Vietnamese new-born firms. Operating profit is used as the measure of success. Human capital is captured by individual-level professional education, start-up experience, and learning. Whereas the first two dimensions of human capital are measured with traditional indicators, we define learning as ability to accumulate knowledge to conduct innovation activities (new product introduction, product innovation and process innovation). Social capital is measured as benefits obtained from personal strong-tie and weak-tie networks. Key findings are three-fold: (i) human capital strongly predicts firm success, with learning exerting a statistically significant positive impact on operating profit; (ii) benefits from weak ties outweigh those from strong ties; (iii) interaction of human capital and social capital displays a statistically significant positive effect on new-firm performance.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Santarelli, Enrico
Thu Tran, Hien
Keywords
Human capital; Social capital; Entrepreneurship; Performance of entrepreneurial firms; Vietnam
Subjects
ISSN
2282-6483
DOI
Deposit date
30 Mar 2015 13:15
Last modified
31 Mar 2015 13:48
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