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Social and Symbolic Capital and Responsible Entrepreneurship: An Empirical Investigation of SME Narratives
Open accessAbstract
This paper investigates links between social capital and symbolic capital and responsible entrepreneurship in the context of small and medium enterprises (SMEs). The source of the primary data was 144 ‘Business Profiles’, written by the owner-managers of small businesses in application for a Small Business Awards competition in 2005. Included in each of these narratives were claims relating to the firms’ contributions to wider society, relationships with customers, employees and stakeholders. These narratives were coded and classified in a framework drawn from Nahapiet and Ghoshal’s (1998, Academy of Management Review23(2), 242–266) categorisation of social capital. The analysis revealed a range of strategic orientations towards the development of social and symbolic capital, along a conceptual continuum ranging from being responsible for oneself to being responsible for others. Overall, the evidence demonstrates the significance of the power inherent in the social relations of SMEs as a force for ethical behaviour, and suggests that normative theories of the development of social capital may provide ‘competitive advantage’ through responsible behaviour for small business in the global economy.
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Cites
Bourdieu, P. (1990) · doi:10.1515/9781503621749 · Cited by 17,271
Bowling Alone: America's Declining Social Capital
Putnam, R. D. (1995) · Journal of Democracy · doi:10.1353/jod.1995.0002 · Cited by 14,037
Cited by
Crossley, R. M., Elmagrhi, M. H., & Ntim, C. G. (2021) · Business Strategy and the Environment · doi:10.1002/bse.2837 · Cited by 291
An emerging template of CSR in Switzerland
Looser, S., & Wehrmeyer, W. (2015) · Corporate Ownership and Control · doi:10.22495/cocv12i3c5p6 · Cited by 22
Metadata
- Authors
- Fuller, T., & Tian, Y.
- Venue
- Journal of Business Ethics
- Published
- 2006-09-01
- Volume
- 67
- Issue
- 3
- Pages
- 287-304
- ISSN
- 0167-4544 (ISSN-L)
- 1573-0697
- OpenAlex
- W2000679725
- Cited by
- 324
- References
- 2
- FWCI
- 14.59
- Type
- journal article
- Language
- en
- Open access
- green
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