Middle-Class Entrepreneurship and the Effect of Social Capital

Xavier Ordeñana and Elizabeth Arteaga

No 4037, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: 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.

Keywords: Entrepreneurship; Middle classes; Social capital; income mobility; social mobility (search for similar items in EconPapers)
JEL-codes: L26 M13 (search for similar items in EconPapers)
Date: 2012-07
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:4037

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