Dealmakers in Place: Social Capital Connections in Regional Entrepreneurial Economies

Posted: 2 Mar 2012

See all articles by Maryann P. Feldman

Maryann P. Feldman

University of North Carolina at Chapel Hill; University of North Carolina (UNC) at Chapel Hill - Department of Public Policy; Kenan Flagler Business School

Ted Zoller

Ewing Marion Kauffman Foundation; University of North Carolina (UNC) at Chapel Hill - Entrepreneurial Program

Date Written: March 1, 2012

Abstract

This paper examines the internal anatomy of regional social capital and develops a role for dealmakers – individuals who provide active regional stewardship. An empirical analysis of twelve US regions finds great variation in the presence of dealmakers. The strong local presence of dealmakers is correlated with high start-up rates. The empirical results suggest that the local presence of dealmakers is more important for successful entrepreneurship than aggregate measures of regional entrepreneurial and investors network. Moreover, the presence of dealmakers is a better predictor of the vibrancy of the regional entrepreneurial economy.

Keywords: Regional economic development, Entrepreneurship, Social capital

JEL Classification: O18, M13

Suggested Citation

Feldman, Maryann P. and Zoller, Ted, Dealmakers in Place: Social Capital Connections in Regional Entrepreneurial Economies (March 1, 2012). Available at SSRN: https://ssrn.com/abstract=2014302 or http://dx.doi.org/10.2139/ssrn.2014302

Maryann P. Feldman (Contact Author)

University of North Carolina at Chapel Hill ( email )

CB 3435
University of North Carolina
Chapel Hill, NC 27599-3140
United States

HOME PAGE: http://maryannfeldman.web.unc.edu/

University of North Carolina (UNC) at Chapel Hill - Department of Public Policy ( email )

Abernathy Hall
Chapel Hill, NC 27599-3435
United States

Kenan Flagler Business School ( email )

Chapel Hill, NC
United States

Ted Zoller

Ewing Marion Kauffman Foundation ( email )

4801 Rockhill Road
Kansas City, MO 64110-2046
United States
816-932-1000 (Phone)

HOME PAGE: http://www.kauffman.org/about-foundation/ted-zoller-biography.aspx

University of North Carolina (UNC) at Chapel Hill - Entrepreneurial Program ( email )

Chapel Hill, NC
United States

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