Mobilizing Human and Social Capital to Pursue Entrepreneurship

摘要

Entrepreneurship is increasingly recognized as an enabling driver of economic growth of nations. Accordingly, how to promote entrepreneurship has become a critical concern among academic scholars and business practitioners. The purpose of this study is to investigate the effects of entrepreneurs' human and social capital on their behaviors to pursue entrepreneurship. Two prominent cases, Trend Micro (an antivirus company) and TSMC (Taiwan Semiconductor Manufacturing Company, a foundry company), are used to illustrate how entrepreneurs' human capital fitting with industry environment to identify opportunity and how entrepreneurs' social capital can bring resources to create successful new ventures under different industry contexts. Managerial implications and future research directions are discussed.