The role of regional social capital changes over the course of the entrepreneurial process

The entrepreneurial process does not take place in a vacuum but is deeply embedded in its context, such as where a would-be entrepreneur lives. Johannes Kleinhempel, Sjoerd Beugelsdijk, and Mariko J. Klasing analyse how socio-cultural conditions shape entrepreneurship, emphasising the critical importance of regional social capital and the changing role of contextual conditions over the course of the entrepreneurial process.