IDEAS home Printed from https://ideas.repec.org/a/ceh/journl/y2022v7p79-89.html
   My bibliography  Save this article

Where and Why an Entrepreneurial Class Did Not Appear During the National Revival Period

Author

Listed:
  • Ivaylo Naydenov

    (Institute for Historical Studies, Bulgarian Academy of Sciences, Bulgaria)

Abstract

During the Bulgarian National Revival period there were settlements across Ottoman Bulgaria where a number of public figures, revolutionaries and businessmen were born and raised. The reasons for the appearance of such alert people are numerous and interrelated. Among the factors can be mentioned the specific natural and climatic conditions, the favourable geographical location of such settlements; the awake public atmosphere in them; intensive development of craft production and trade; availability of near and distant markets; the institutional changes in the Ottoman Empire; etc. On the other hand, it seems that very important are social, family and human capital – assets that are purposefully created and maintained in such settlements. The purpose of the current article is to shed light on regions and settlements where rapid economic and social development was not available in the 18th and 19th centuries. The main question I will try to give an answer is why an entrepreneurial class did not emerge in some regions and settlements during the Bulgarian National Revival period. There are several factors that contributed to the fact that a Bulgarian entrepreneurial class did not appear in regions such as the Black Sea area, the western and south-eastern Bulgarian lands (with some exceptions), etc. The factors are as follows: the privileged status of the local population in the 18th and 19th centuries did not have a positive impact on the socio-economic processes later; the low influence of the Tanzimat reforms; the absence of more active market relations; the slower incorporation of some of the mentioned regions into the emerging national market; the lack of a larger urban centre in the region of Gorna Struma, which would stimulate more active economic processes and connections in the region and beyond it; the presence of competing ethno-confessional groups (Greeks, Jews) that have entrepreneurial experience and contacts; the specific economic conditions that helps to cultivate archaic mentality in some regions; the complete or partial absence of social and family capital; the lack of human capital, as well as institutions (such as secular schools, etc.) that could contribute to its creation and maintenance; the lack of Greek cultural influence, which contributed to the formation of people with a particular economic thinking and behaviour in other regions. There are regions and settlements across Ottoman Bulgaria that did not impress with their dynamic socio-economic and public development during the National Revival period. Their historical destiny deserves to be researched because it could give us a more realistic idea of the socio-economic transformations that took place in the 18th and especially during the 19th century.

Suggested Citation

  • Ivaylo Naydenov, 2022. "Where and Why an Entrepreneurial Class Did Not Appear During the National Revival Period," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 7, pages 79-89, November.
  • Handle: RePEc:ceh:journl:y:2022:v:7:p:79-89
    as

    Download full text from publisher

    File URL: http://csii.bg/series/2022-7/pdf/Izv_CHER-7-79-89-Ivaylo-Naydenov.pdf
    Download Restriction: no

    File URL: http://csii.bg/series/2022-7/html/07-Iv-Naydenov.mht
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Vincent Geloso, 2015. "Deirdre Mccloskey, Kirznerian Growth and The Role of Social Networks," Economic Affairs, Wiley Blackwell, vol. 35(3), pages 453-463, October.
    2. Ivan Roussev, 2017. "Diversity in the Spread of Modern Economic Culture among Bulgarians during the Bulgarian National Revival period (18th – 19th Centuries)," Proceedings of the Centre for Economic History Research, Centre for Economic History Research, vol. 2, pages 35-54, November.
    3. Teodor Sedlarski & Henrik Egbert, 2021. "Foundations of Contemporary Economics: Israel Kirzner and the Function of Entrepreneurship," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 121-127, March.
    4. Davidsson, Per & Honig, Benson, 2003. "The role of social and human capital among nascent entrepreneurs," Journal of Business Venturing, Elsevier, vol. 18(3), pages 301-331, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Martin Obschonka & Mingjie Zhou & Yixin Zhou & Jianxin Zhang & Rainer K. Silbereisen, 2019. "“Confucian” traits, entrepreneurial personality, and entrepreneurship in China: a regional analysis," Small Business Economics, Springer, vol. 53(4), pages 961-979, December.
    2. Tran Huy Phuong & Thanh Trung Hieu, 2015. "Predictors of Entrepreneurial Intentions of Undergraduate Students in Vietnam: An Empirical Study," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 5(8), pages 46-55, August.
    3. Isabel Grilo & Roy Thurik, 2008. "Determinants of entrepreneurial engagement levels in Europe and the US," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 17(6), pages 1113-1145, December.
    4. Jan Wiers & Didier Chabaud, 2022. "Bibliometric analysis of immigrant entrepreneurship research 2009–2019," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 441-464, December.
    5. Aidis, Ruta & van Praag, Mirjam, 2007. "Illegal entrepreneurship experience: Does it make a difference for business performance and motivation?," Journal of Business Venturing, Elsevier, vol. 22(2), pages 283-310, March.
    6. Oasis Kodila-Tedika & Julius Agbor, 2016. "Does Trust Matter for Entrepreneurship: Evidence from a Cross-Section of Countries," Economies, MDPI, vol. 4(1), pages 1-17, March.
    7. Francisco Javier Forcadell & Fernando Úbeda, 2022. "Individual entrepreneurial orientation and performance: the mediating role of international entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 875-900, June.
    8. R. Sandra Schillo & Ajax Persaud & Meng Jin, 2016. "Entrepreneurial readiness in the context of national systems of entrepreneurship," Small Business Economics, Springer, vol. 46(4), pages 619-637, April.
    9. Shao, Yan & Sun, Lingxia, 2021. "Entrepreneurs’ social capital and venture capital financing," Journal of Business Research, Elsevier, vol. 136(C), pages 499-512.
    10. Samuel Mayanja & Joseph M. Ntayi & John C. Munene & Waswa Balunywa & James R. K. Kagaari, 2021. "Informational differences and entrepreneurial networking among small and medium enterprises in Uganda," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 11(1), pages 563-577, December.
    11. Bickenbach, Frank & Dohse, Dirk & Liu, Wan-Hsin, 2014. "An inquiry into the determinants of graduate entrepreneurship in Hong Kong and Guangzhou (Mainland China)," Kiel Working Papers 1940, Kiel Institute for the World Economy (IfW Kiel).
    12. Tomas Karlsson & Caroline Wigren, 2012. "Start-ups among university employees: the influence of legitimacy, human capital and social capital," The Journal of Technology Transfer, Springer, vol. 37(3), pages 297-312, June.
    13. Enrico Santarelli & Hien Tran, 2013. "The interplay of human and social capital in shaping entrepreneurial performance: the case of Vietnam," Small Business Economics, Springer, vol. 40(2), pages 435-458, February.
    14. Haijun Bao & Xiaoting Zhu & Yingying Cen & Yi Peng & Jibin Xue, 2018. "Effects of Social Network on Human Capital of Land-Lost Farmers: A Study in Zhejiang Province," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 137(1), pages 167-187, May.
    15. Nan Langowitz & Maria Minniti, 2007. "The Entrepreneurial Propensity of Women," Entrepreneurship Theory and Practice, , vol. 31(3), pages 341-364, May.
    16. Thomas Ã…stebro & Kevyn Yong, 2016. "Invention Quality and Entrepreneurial Earnings: The Role of Prior Employment Variety," Entrepreneurship Theory and Practice, , vol. 40(2), pages 381-400, March.
    17. Lavlu Mozumdar & Geoffrey Hagelaar & Valentina C. Materia & S. W. F. Omta & Mohammad Amirul Islam & Gerben Velde, 2019. "Embeddedness or Over-Embeddedness? Women Entrepreneurs’ Networks and Their Influence on Business Performance," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 31(5), pages 1449-1469, December.
    18. Stroe, Silvia & Sirén, Charlotta & Shepherd, Dean & Wincent, Joakim, 2020. "The dualistic regulatory effect of passion on the relationship between fear of failure and negative affect: Insights from facial expression analysis," Journal of Business Venturing, Elsevier, vol. 35(4).
    19. Rodrigues Brás Gonçalo & Soukiazis Elias, 2019. "The Determinants of Entrepreneurship at the Country Level: A Panel Data Approach," Entrepreneurship Research Journal, De Gruyter, vol. 9(4), pages 1-17, October.
    20. D’Angelo, Alfredo & Presutti, Manuela, 2019. "SMEs international growth: The moderating role of experience on entrepreneurial and learning orientations," International Business Review, Elsevier, vol. 28(3), pages 613-624.

    More about this item

    Keywords

    entrepreneurial class; National Revival period; markets; social capital; family capital; human capital;
    All these keywords.

    JEL classification:

    • N73 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: Pre-1913
    • N83 - Economic History - - Micro-Business History - - - Europe: Pre-1913

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ceh:journl:y:2022:v:7:p:79-89. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ivan Roussev (email available below). General contact details of provider: https://edirc.repec.org/data/csiisbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.