期刊
ECONOMIC GEOGRAPHY
卷 95, 期 4, 页码 315-340出版社
TAYLOR & FRANCIS LTD
DOI: 10.1080/00130095.2019.1586434
关键词
social capital; new industry; entrepreneurship; contested industry; controversy; legitimation; video game industry
资金
- Netherlands Organisation for Scientific Research (NWO) [453-14-014, 400-05-197]
- JPI Urban Europe program, project Resilient Cities: Industrial Network and Institutional perspectives on Economic Growth and Well-Being [438-13406]
In this article we develop and test the hypothesis that social capital, defined as a regional characteristic, discourages entrepreneurship in a new and contested industry. The argument follows the logic that high levels of social capital reinforce conformity in values and ideas, and inhibit deviant entrepreneurial activity. Once an industry becomes more legitimized-as a result of an increase in the number of firms present in a region-social capital becomes less restrictive on entrepreneurship and can even have a positive effect on the subsequent number of firms founded in a region. We find evidence for our thesis using data on 1,684 firm entries in the US video game industry for the period 1972-2007.
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