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Impact Of Social Capital Development And Use In The Growth Process Of Women-Owned Firms

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  • MUHAMMAD AZAM ROOMI

    (University of Bedfordshire Business School, Park Street, Luton, LU1 3JU, UK)

Abstract

Drawing upon the Churchill and Lewis stage growth model of enterprises, this study explains the role of social capital possessed by women entrepreneurs in different stages of growth within their firms. Friends and family as well as women-only networks in the start-up stage; customers, staff, and suppliers in the survival stage; mixed networks as well as business and professional advisers in the success and take-off stages; and suppliers and/or distributors in the maturity stage have been found to be the main sources of women entrepreneurs' social capital. In particular, the study highlights industry differences as well as norms of behavior based on trust and obligation through which they successfully transform their contacts into useful resources. The availability of these resources as well as access to information, advice, and ideas act as a catalyst in developing and growing their businesses.

Suggested Citation

  • Muhammad Azam Roomi, 2009. "Impact Of Social Capital Development And Use In The Growth Process Of Women-Owned Firms," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 17(04), pages 473-495.
    • Handle: RePEc:wsi:jecxxx:v:17:y:2009:i:04:n:s0218495809000436
    DOI: 10.1142/S0218495809000436
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    Cited by:

    1. Mateja Vadnjal, 2018. "The Influence of Parents on Female Entrepreneurs in Three Career Development Phases," Management, University of Primorska, Faculty of Management Koper, vol. 13(3), pages 247-263.
    2. Sara Poggesi & Michela Mari & Luisa Vita, 2016. "What’s new in female entrepreneurship research? Answers from the literature," International Entrepreneurship and Management Journal, Springer, vol. 12(3), pages 735-764, September.
    3. Kwapisz Agnieszka, 2020. "Minimum Wages and Nascent Entrepreneurship in the US," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 20(1), pages 1-15, January.
    4. Surangi H. A. K. N. S., 2021. "Women Entrepreneurial Networks and Small Business Development: A Study Based on Tourism Industry in Sri Lanka: Ongoing Research Project," Journal of International Business Research and Marketing, Inovatus Services Ltd., vol. 6(5), pages 26-31, July.
    5. Renata Lisowska, 2015. "External Determinants of the Development of Small and Medium-Sized Enterprises – Empirical Analysis," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 11(4), pages 115-138.
    6. Grisna Anggadwita & Veland Ramadani & Anggraeni Permatasari & Dini Turipanam Alamanda, 2021. "Key determinants of women’s entrepreneurial intentions in encouraging social empowerment," Service Business, Springer;Pan-Pacific Business Association, vol. 15(2), pages 309-334, June.

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