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The Effect of Social Capital on White, Korean, Mexican and Black Business Owners' Earnings in the US

Bibliographic Data

ID3609615
AuthorsZ Valdez (0000-0001-6299-8206, Schlumberger (Ireland), corresponding author)
Year2008
Volume34
Issue6
Pages955-973
Publication date2008-08-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueNew Community (JOURNAL)
Journal identifiersISSN: 0047-9586 • E-ISSN: 1469-9451
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/13691830802211265
OpenAlexW2061751768
LanguageEN
Citations received14
References cited54

Previous research on ethnic entrepreneurship suggests that social capital facilitates enterprise. This study considers how social capital affects ethnic entrepreneurs’ economic success. Using the non-public Characteristics of Business Owners Survey, I examine the earnings-returns of four groups with disparate rates of business ownership in the United States: non-Hispanic Whites, Koreans, Mexicans and Blacks. Traditional sociological approaches rooted in social capital arguments emphasise the primacy of group membership in facilitating entrepreneurial participation, which is associated with economic success. My findings suggest that social capital facilitates entrepreneurial participation; however, it is human and market capital that are essential for economic success. Furthermore, I find that social capital sometimes has a detrimental effect on earnings. The article underscores the crucial role of human and market capital and the limits of social capital in facilitating entrepreneurs’ economic success

Business · Demographic economics · Earnings · Economic capital · Economic growth · Economics · Entrepreneurship · Ethnic group · Financial capital · Human capital · Individual capital · Labour economics · Social capital · Social mobility · Social reproduction · Social science · Social status · Sociology · Entrepreneurship Studies and Influences · Migration and Labor Dynamics · Migration, Ethnicity, and Economy · Finance

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Unique citing works14
Citations per year0,82
Citation span2009 - 2025 (17)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 14

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