How do private entrepreneurs transform local social capital into economic capital? Four case studies from rural Denmark

▶ Private entrepreneurs. ▶ Social capital. ▶ Rural Denmark. Bourdieu's (1986) General Theory of the Economy of Practices assumes that people perpetually transform tangible and intangible forms of capital according to certain ‘laws of conversion’. On this background, and combining sociology and...

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Veröffentlicht in:The Journal of socio-economics 2010-12, Vol.39 (6), p.631-644
Hauptverfasser: Haase Svendsen, Gunnar Lind, Kjeldsen, Chris, Noe, Egon
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container_issue 6
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container_title The Journal of socio-economics
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creator Haase Svendsen, Gunnar Lind
Kjeldsen, Chris
Noe, Egon
description ▶ Private entrepreneurs. ▶ Social capital. ▶ Rural Denmark. Bourdieu's (1986) General Theory of the Economy of Practices assumes that people perpetually transform tangible and intangible forms of capital according to certain ‘laws of conversion’. On this background, and combining sociology and micro-economics, we analyze specific strings of capital conversion in time and space. More specifically, we raise the question: How do private entrepreneurs transform local social capital into economic capital? We combine in-depth interviews with four private entrepreneurs in rural Denmark with Prisoner's Dilemma game theory. Thus each of our cases illustrates one of the outcomes in the PD matrix. In this way we explain why only one of the four entrepreneurs succeeds in capitalizing social capital.
doi_str_mv 10.1016/j.socec.2010.06.012
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identifier ISSN: 1053-5357
ispartof The Journal of socio-economics, 2010-12, Vol.39 (6), p.631-644
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language eng
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source RePEc; Sociological Abstracts; ScienceDirect Journals (5 years ago - present)
subjects Bourdieu
Bourdieu, Pierre
Capital
Cultural Capital
Denmark
Economic capital
Economic theory
Entrepreneurs
Entrepreneurship
Forms of capital
Forms of capital Social capital Economic capital Private entrepreneurs Local communities Repeated Prisoner' s Dilemma game Rural Denmark Bourdieu
Game theory
Local communities
Microeconomics
Private entrepreneurs
Repeated Prisoner's Dilemma game
Rural Areas
Rural Denmark
Social capital
Socioeconomic factors
Studies
title How do private entrepreneurs transform local social capital into economic capital? Four case studies from rural Denmark
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