The Influence of Social Capital on Small Micro-manufacturing Venture in China

Abstract

In recent years, because of the government’s policy support and the scholars’ attention, the small micro-manufacturing industry has been developing rapidly. However, due to small scale, limited financial resources, imperfect management and other constraints, small micro-manufacturing survival rate is relatively low. Scholars have been actively exploring the factors that affect micro-manufacturing entrepreneurship, and agreed that social capital has an important impact on micro-manufacturing industry. This paper analyzes the effects of social capital on the small and micro-manufacturing entrepreneurship from the perspective of structural capital, relational capital and cognitive capital by collecting relevant data, using questionnaire survey, structural equation method, and other empirical research. The results show that the three dimensions of social capital have positive effects on small and micro-manufacturing entrepreneurial behaviour. The results provide theoretical basis for small micro-manufacturing enterprises, and have a certain reference value for the follow-up study of small micro-manufacturing industry.