Growth aspirations and social capital: Young firms in a post-conflict environment

International Small Business Journal: Researching Entrepreneurship

Volumn 33, Issue 5, 2015, Pages 537-561

  Efendic, Adnan ^a   Mickiewicz, Tomasz ^b   Rebmann, Anna ^b  

^a UNIVERSITY OF SARAJEVO   (Bosnia and Herzegovina)

^b ASTON UNIVERSITY   (United Kingdom)

Author keywords

ethnic diversity; growth aspirations; institutions; networks; social capital; trust

Indexed keywords

EID: 84937042760     PISSN: 02662426     EISSN: 17412870     Source Type: Journal    
DOI: 10.1177/0266242613516987     Document Type: Article

References (102)

1. D.AcemogluJ.Robinson (2012) Why Nations Fail. London: Profile Books.
2. Z.Acs (2006) Start-ups and entry barriers: Small and medium sized firms population dynamics. In: M.CassonB.YeungA.Basu. (eds) The Oxford Handbook of Entrepreneurship. Oxford: Oxford University Press, pp.194–224.
3. P.AdlerS.Kwon (2002) Social capital: Prospects for a new concept. Academy of Management Review27(1): 17–40.
4. R.AidisT.Mickiewicz (2006) Entrepreneurs, expectations and business expansion: Lessons from Lithuania. Europe-Asia Studies58(6): 855–880.
5. R.AidisS.EstrinT.Mickiewicz (2008) Institutions and entrepreneurship development in Russia: A comparative perspective. Journal of Business Venturing23(6): 656–672.
6. H.E.AldrichP.H.Kim (2007) Small worlds, infinite possibilities? How social networks affect entrepreneurial team formation and search. Strategic Entrepreneurship Journal1(1–2): 147–165.
7. A.AlesinaE.La Ferrara (2005) Ethnic diversity and economic performance. Journal of Economic Literature43(3): 762–800.
8. I.Armakolas (2011) The paradox of Tuzla City: Explaining non-nationalist local politics during the Bosnian war. Europe-Asia Studies63(2): 229–261.
9. K.J.Arrow (1974) The Limits of Organization. New York: Norton.
10. D.AudretschD.DohseA.Niebuhr (2010) Cultural diversity and entrepreneurship: A regional analysis for Germany. Annals of Regional Science45(1): 55–85.
11. E.AutioZ.Acs (2010) Intellectual property protection and the formation of entrepreneurial growth aspirations. Strategic Entrepreneurship Journal4(3): 234–251.
12. E.Autio (2011) High aspiration entrepreneurship. In: M.Minniti (ed.) Dynamics of Entrepreneurship. Oxford: Oxford University Press, pp.251–276.
13. J.R.BaumE.A.LockeS.A.Kirkpatrick (1998) A longitudinal study of the relation of vision and vision communication to venture growth in entrepreneurial firms. Journal of Applied Psychology83(1): 43–54.
14. J.R.BaumE.A.LockeK.J.Smith (2001) A multidimensional model of venture growth. Academy of Management Journal44(2): 292–303.
15. F.Bieber (2006) Post-war Bosnia: Ethnicity, Inequality and Public Sector Governance. Basingstoke: Palgrave Macmillan.
16. F.Bieber (2010) Bosnia and Herzegovina since 1990. In: Ramet SP (ed.) Central and Southeast European Politics Since 1989. Cambridge: Cambridge University Press, pp.311–328.
17. P.Bourdieu (1986) The forms of capital. In: J.Richardson (ed.) Handbook of Theory and Research for the Sociology of Education. New York: Greenwood, pp.241–258.
18. H.P.BowenD.De Clercq (2008) Institutional context and allocation of entrepreneurial effort. Journal of International Business Studies39(4): 747–767.
19. R.S.Burt (2000) The network structure of social capital. Research in Organisational Behaviour22: 345–423.
20. M.CassonM.Della Giusta (2007) Entrepreneurship and social capital. International Small Business Journal25(3): 220–244.
21. J.CohenP.CohenS.West. (2003) Applied Multiple Regression/Correlation Analysis for the Behavioural Sciences. Abington: Routledge.
22. P.Collier (2008) The Bottom Billion. Oxford: Oxford University Press.
23. H.De Soto (2001) The Mystery of Capital. London: Black Swan.
24. F.DelmarJ.Wiklund (2008) The effect of small business managers’ growth motivation on firm growth: A longitudinal study. Entrepreneurship Theory and Practice32(3): 437–457.
25. K.Dyrstad (2012) After ethnic civil war: Ethno-nationalism in the Western Balkans. Journal of Peace Research49(6): 817–831.
26. W.EasterlyR.Levine (1997) Africa’s growth tragedy: policies and ethnic divisions. Quarterly Journal of Economics112(4): 1203–1250.
27. A.EfendicG.PughN.Adnett (2011) Confidence in formal institutions and reliance on informal institutions in Bosnia and Herzegovina: An empirical investigation using survey data. Economics of Transition19(3): 531–540.
28. S.EstrinT.Mickiewicz (2011a) Entrepreneurship in transition economies: The role of institutions and generational change. In: M.Minniti (ed.) Dynamics of Entrepreneurship. Oxford: Oxford University Press, pp.181–208.
29. S.EstrinT.Mickiewicz (2011b) Institutions and female entrepreneurship. Small Business Economics37(4): 397–415.
30. S.EstrinJ.KorostelevaT.Mickiewicz (2013a) Which institutions encourage entrepreneurial growth aspirations?Journal of Business Venturing28(4): 564–580.
31. S.EstrinT.MickiewiczU.Stephan (2013b) Entrepreneurship, social capital and institutions: Social and commercial entrepreneurship across nations. Entrepreneurship Theory and Practice37(3): 479–504.
32. R.Florida (2004) The Rise of Creative Class. New York: Basic Books.
33. R.Florida (2005) Cities and the Creative Class. London: Routledge.
34. F.Fukuyama (1995) Trust: the Social Virtues and the Creation of Prosperity. London: Penguin.
35. F.Fukuyama (2001) Social capital, civil society and development. Third World Quarterly22(1): 7–20.
36. E.GedajlovicB.HonigC.Moore. (2013) Social capital and entrepreneurship: A schema and research agenda. Entrepreneurship Theory and Practice37(3): 455–478.
37. E.GlaeserJ.ScheinkmanA.Shleifer (2003) The injustice of inequality. Journal of Monetary Economics50(1): 199–222.
38. M.Granovetter (1973) The strength of weak ties. American Journal of Sociology78(3): 1360–1380.
39. M.Granovetter (1985) Economic action and social structure: the problem of embeddedness. American Journal of Sociology91(3): 481–510.
40. A.GreveJ.W.Salaff (2003) Social networks and entrepreneurship. Entrepreneurship Theory and Practice28(1): 1–22.
41. A.Hadziahmetovic (2011) Ekonomija Evropske Unije [The Economy of the European Union]. Sarajevo: University Press.
42. D.Halpern (2005) Social Capital. Cambridge: Polity Press.
43. E.L.Hansen (1995) Entrepreneurial networks and new organizational growth. Entrepreneurship Theory and Practice19(4): 7–19.
44. M.HenreksonD.Johansson (2010) Gazelles as job creators: A survey and interpretation of the evidence. Small Business Economics35(2): 227–244.
45. H.HoangB.Antoncic (2003) Network-based research in entrepreneurship: A critical review. Journal of Business Venturing18(2): 165–187.
46. R.HodsonD.SekulicG.Massey (1994) National tolerance in the former Yugoslavia. American Journal of Sociology99(6): 1534–1558.
47. N.J.HortonS.R.Lipsitz (2001) Multiple imputation in practice: comparison of software packages for regression models with missing variables. American Statistician55(3): 244–254.
48. H.H.HohmannF.Welter (2002) Entrepreneurial strategies and trust: structure and evolution of entrepreneurial behavioural patterns. In: H.H.HohmannF.Welter (eds) East and West European Environments: Concepts and Considerations. Forschungsstelle Osteuropa, Arbeitspapiere und Materialine 37. Bremen: University of Bremen, pp.11–18.
49. S.Jack (2010) Approaches to studying networks: Implications and outcomes. Journal of Business Venturing25(1): 120–137.
50. S.JackS.MoultA.R.Anderson. (2010) An entrepreneurial network evolving: Patterns of change. International Small Business Journal28(4): 315–337.
51. J.I.JenssenA.Greve (2002) Does the degree of redundancy in social networks influence the success of business start-ups?International Journal of Entrepreneurial Behaviour & Research8(5): 254–267.
52. D.J.KelleyN.BosmaJ.E.Amorós (2010) Global Entrepreneurship Monitor: 2010 Global Report. Babson Park, MA: Babson College.
53. L.KolvereidE.Bullvag (1996) Growth intentions and actual growth: The impact of entrepreneurial choice. Journal of Enterprising Culture4(1): 1–17.
54. D.Krackhardt (1992) The strength of strong ties: The importance of philos in organizations. In N.NohriaR.G.Eccles (eds) Networks and Organizations: Structure, Form and Action, Boston, MA: Harvard Business School Press, pp.216–239.
55. D.KrackhardtR.N.Stern (1988) Informal networks and organizational crises: An experimental simulation. Social Psychology Quarterly51(2): 123–140.
56. S.W.KwonP.Arenius (2010) Nations of entrepreneurs: A social capital perspective. Journal of Business Venturing25(3): 315–330.
57. S.Y.LeeR.FloridaZ.Acs (2004) Creativity and entrepreneurship: a regional analysis of new firm formation. Regional Studies38(8): 879–891.
58. J.LevieE.Autio (2011) Regulatory burden, rule of law and entry of strategic entrepreneurs: An international panel study. Journal of Management Studies48(6): 1467–6486.
59. I.LightL.P.Dana (2013). Boundaries of social capital in entrepreneurship. Entrepreneurship Theory and Practice37(3): 603–624.
60. M.MarinoP.ParrottaD.Pozzoli (2012) Does labour diversity promote entrepreneurship?Economic Letters116(1): 15–19.
61. V.MamadouhM.De JongK.Lalenis (2002). The Theory and Practice of Institutional Transplantation. Dordrecht: Springer Netherlands.
62. J.G.MessersmithW.J.Wales (2011) Entrepreneurial orientation and performance of young firms: The role of human resource management. International Small Business Journal31(2): 115–136.
63. B.Nooteboom (2007) Social capital, institutions and trust. Review of Social Economy65(1): 29–53.
64. M.Olson (1982) The Rise and Decline of Nations: Economic Growth, Stagflation and Social Rigidities. Yale, CT: Yale University Press.
65. M.Paldam (2000) Social capital: One or many? Definition and measurement. Journal of Economic Surveys14(5): 629–653.
66. S.Parker (2009) The Economics of Entrepreneurship. Cambridge: Cambridge University Press.
67. E.Penrose (2009[1959]) The Theory of the Growth of he Firm. Oxford: Oxford University Press.
68. T.F.Pettigrew (1998) Intergroup contact theory. Annual Review of Psychology49(1): 65–85.
69. R.D.Putnam (2000) Bowling Alone: The Collapse and Revival of American Community. New York: Simon & Schuster.
70. R.D.Putnam (2007) E pluribus unum: Diversity and community in the twenty-first century: The 2006 Johan Skytte Prize Lecture. Scandinavian Political Studies30(2): 137–74.
71. M.Raiser (1999) Trust in transition. EBRD Working Paper No. 39. London: European Bank for Reconstruction and Development.
72. M.RaiserA.RoussoF.Steves. (2007) Trust in transition: Cross-country and firm evidence. Journal of Law, Economics and Organization24(2): 407–433.
73. M.RamT.JonesP.Edwards. (2011) Engaging with super-diversity: New migrant businesses and the research–policy nexus. International Small Business Journal31(4): 337–356.
74. P.D.ReynoldsN.BosmaE.Autio. (2005) Global entrepreneurship monitor: Data collection design and implementation 1998–2003. Small Business Economics24(3): 205–231.
75. M.Roe (2008) The institutions of corporate governance. In: C.MénardM.Shirley (eds) Handbook of New Institutional Economics. Berlin: Springer, pp.371–400.
76. B.Rothstein (2003) Social capital, economic growth and quality of government: The causal mechanism. New Political Economy8(1): 49–71.
77. B.RothsteinD.Stolle (2008) The state and social capital: An institutional theory of generalized trust. Comparative Politics40(4): 441–459.
78. A.RusH.Iglič (2005) Trust, governance and performance. The role of institutional and interpersonal trust in SME development. International Sociology20(3): 371–391.
79. D.SmallboneJ.KitchingR.Athayde (2010) Ethnic diversity, entrepreneurship and competitiveness in a global city. International Small Business Journal28(2): 174–190.
80. J.Sobel (2002) Can we trust social capital?Journal of Economic Literature40(1): 139–154.
81. L.Somun-Krupalija (2011) Gender and employment in Bosnia and Herzegovina: A country study, International Labour Office Bureau for Gender Inequality. Geneva: International Labour Office.
82. U.StephanL.M.Uhlaner (2010) Performance based vs. socially supportive culture: A cross-national study of descriptive norms and entrepreneurship. Journal of International Business Studies41(8): 1347–1364.
83. P.H.ThorntonD.Ribeiro-SorianoD.Urbano (2011) Socio-cultural factors and entrepreneurial activity: An overview. International Small Business Journal29(2) 105–118.
84. United Nations Development Programme (UNDP) (2009) The Ties That Bind: Social Capital in Bosnia and Herzegovina. The National Human Development Report. Sarajevo: UNDP.
85. A.Van StelD.Storey (2004) The link between firm births and job creation: Is there an upas tree effect?Regional Studies38(8): 893–909.
86. J.Wagner (1992) Firm size, firm growth and persistence of chance. Small Business Economics4(2): 125–131.
87. C.L.WangL.Altinay (2012) Social embeddedness, entrepreneurial orientation and firm growth in ethnic minority small business in the UK. International Small Business Journal30(1): 3–23.
88. J.Watson (2011) Networking: Gender differences and the association with firm performance. International Small Business Journal30(5): 536–558.
89. F.WelterD.Smallbone (2006) Exploring the role of trust in entrepreneurial activity. Entrepreneurship Theory and Practice30(4): 465–475.
90. F.Welter (2012) All you need is trust? A critical review of the trust and entrepreneurship literature. International Small Business Journal30(3): 193–212.
91. H.WestlundF.Adam (2010) Social capital and economic performance: A meta-analysis of 65 studies. European Planning Studies18(6): 893–919.
92. J.WiklundD.Shepherd (2003) Aspiring for and achieving growth: The moderating role of resources and opportunities. Journal of Management Studies40(8): 1919–1941.
93. P.Witt (2004) Entrepreneurs’ network and success of start-ups. Entrepreneurship and Regional Development16(5): 391–412.
94. P.WittA.SchroeterC.Merz (2008) Entrepreneurial resource acquisition via personal networks: An empirical study of German startu-ups, Service Industries Journal28(7): 953–971.
95. P.K.WongY.P.HoE.Autio (2005) Entrepreneurship, innovation and economic growth: Evidence from GEM data. Small Business Economics24(3): 335–350.
96. World Bank (1997) Bosnia and Herzegovina: From Recovery to Sustainable Growth. Washington, DC: World Bank.
97. World Bank (2002) Building Institutions for Markets: World Development Report 2002. New York, Oxford: Oxford University Press.
98. M.WrightS.Marlow (2011) Entrepreneurial activity in the venture creation and development process. International Small Business Journal30(2): 107–114.
99. M.WrightI.Stigliani (2012) Entrepreneurship and growth. International Small Business Journal31(1): 3–22.
100. M.ZainS.I.Ng (2006). The impacts of network relationships on SMEs’ internationalization process. Thunderbird International Business Review48(2): 183–205.
101. J.Zang (2011) The problems of using social networks in entrepreneurial resource acquisition. International Small Business Journal28(4): 338–361.
102. L.G.Zucker (1986) The production of trust: Institutional sources of economic structure, 1840–1920. Research in Organization Behaviour8: 53–111.