Role of Social Capital Formation in Entrepreneurship Development among the Underprivileged Class of Odisha

Abstract

In this paper an attempt has been made to analyse such dimensions which support or otherwise impact the entrepreneurial environment that perpetuates prevalence of social capital leading to growth of entrepreneurship among the underprivileged class in an Indian State of Odisha. For example, various sources of owner’s capital, entrepreneurs affiliation to community groups, how existence of various forms of support system available for entrepreneurial orientation benefitted Govt.’s role vis-à-vis the social groups perception of existence of state support are discussed so as to derive the role and contribution of social capital for entrepreneurial orientation among the underprivileged class of Odisha particularly at the micro level. In a backward State like Odisha understanding of the existence of social conditions towards preference for entrepreneurship as an occupational choice would pave ways for policy initiative towards realization of widespread entrepreneurial engagement.