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Middle-Class Entrepreneurship and the Effect of Social Capital

Xavier Ordenana and Elizabeth Arteaga

No 4801, Research Department Publications from Inter-American Development Bank, Research Department

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.

JEL-codes: L26 M13 (search for similar items in EconPapers)
Date: 2012-07
New Economics Papers: this item is included in nep-soc
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