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Effects Of Social Capital On The Opportunity Recognition Process

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  • VESA PUHAKKA

    (University of Oulu, Department of Information Processing Science, Finland)

Abstract

The study hypothesizes that social capital of entrepreneurs enhances their opportunity recognition process. The study investigated metal- and ICT-ventures established in 1998 in three different regions of Finland. The results showed that entrepreneurs when recognizing opportunities have (1) active social interaction to acquire knowledge, to forecast future trends, and to evaluate information and decisions, (2) personal contacts to acquire knowledge and to analyze markets, and (3) cognitively committed relationships to evaluate and understand the information and to enact proactively future trends.

Suggested Citation

  • Vesa Puhakka, 2006. "Effects Of Social Capital On The Opportunity Recognition Process," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 14(02), pages 105-124.
    • Handle: RePEc:wsi:jecxxx:v:14:y:2006:i:02:n:s0218495806000088
    DOI: 10.1142/S0218495806000088
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    Cited by:

    1. Khaled Al-Said & Orna Braun-Lewensohn & Ephrat Huss, 2018. "Shifts in Traditional Methods of Coping Among Elderly Bedouin Men," IJERPH, MDPI, vol. 16(1), pages 1-14, December.
    2. Malavika Sundararajan & Binod Sundararajan, 2015. "Immigrant Capital and Entrepreneurial Opportunities," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 3(3), pages 29-50.
    3. Étienne St-Jean & Maripier Tremblay & Frank Janssen & Jacques Baronet & Christophe Loué & Aziz Nafa, 2017. "May business mentors act as opportunity brokers and enablers among university students?," International Entrepreneurship and Management Journal, Springer, vol. 13(1), pages 97-111, March.

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