Impact of Social and Human Capital on Entrepreneurship: A study in Pakistani Prospective

Abstract

Whether entrepreneurial business high performance is already there in business or it can be created through the process of opportunity recognition in the society. Based on these points it seems that entrepreneur must have some kind of knowledge comes through education, past experience, social contact, special source of information. This study is based on primary source of data which was collected through survey of entrepreneurs from the areas of Mardan, Peshawar, and Rawalpindi. The questionnaire approach was used for data collection and 70 respondents were selected for sample size. Result of this study revealed that the opportunities for their business success, so human capital (knowledge, skill, experience, education) and social capital (social contacts, social networks, social club) has positively affected the business rate of success.

Key words: Social Capital, Human Capital, Opportunities, Entrepreneurship, Pakistan