The Contribution of Social Capital to Entrepreneurial Activities’ Success: Across-Country Field Study in the Light of Social Capital Theory
DOI:
https://doi.org/10.29036/3350h252Keywords:
social capital, entrepreneurship, developing countries, youth projects, UAE, Egypt, OmanAbstract
The present study aims to examine the role of social capital dimensions in entrepreneurial activity success. The study collected quantitative data from youth entrepreneurs of the UAE, Egypt, and Oman and across services (i.e., tourism and hospitality sector), commercial, manufacturing, agricultural, and other sectors. Structural equation modelling was used for data analysis. Findings revealed that social capital dimensions are positively and significantly contributing to youth entrepreneurial activities in the three research settings. Theoretically, this research uses the social capital theory to quantify measures to examine the contribution of social capital in successful entrepreneurship activities. No studies, or very few, have examined entrepreneurial youth activities and their relationship with social capital dimensions. There is a lack of empirical investigations of entrepreneurship activities from the perspective of social capital theory. Practically, it provides guidelines for the entrepreneurship responsible authorities in developing countries that encourage young people to start their entrepreneurial activities. It provides youth with relevant training to qualify them to build and employ social capital dimensions to support their business.
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Journal of Tourism and Services (ISSN 1804-5650) is published by the Center for International Scientific Research of VŠO and VŠPP in cooperation with the following partners:
- Juraj Dobrila University of Pula, Faculty of Economics and Tourism, Croatia
- School of Business and Administration of the Polytechnic Institute of Setúbal, Portugal
- Szent István University, Faculty of Economics and Social Sciences, Hungary
- Pan-European University, Faculty of Business, Prague, Czech Republic
- Pan-European University, Faculty of Entrepreneurship and Law, Prague, Czech Republic
- University of Debrecen Faculty of Economics and Business, Hungary
- University of Zilina, Faculty of Operation and Economics of Transport and Communications, Slovakia
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