Abstract
Research beyond the field of entrepreneurship has long observed the involvement of super-wealthy entrepreneurs in large-scale philanthropic endeavours, while the world's media has endowed them with celebrity-like status. However, entrepreneurial philanthropy is largely absent from the entrepreneurship research literature. This article addresses this gap both theoretically and empirically. It proposes capital theory as an appropriate theoretical lens through which to view contemporary entrepreneurial philanthropy, and to present fresh evidence relating to successful, wealthy entrepreneurs involved in significant philanthropic ventures. The findings highlight the active deployment of a distinctive blend of different forms of capital as a defining feature of entrepreneurial philanthropy, and contribute to emerging discourses regarding the nature of entrepreneurs, entrepreneurship as a socio-economic process and the sparse empirical analyses on entrepreneurial elites.
Original language | English |
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Pages (from-to) | 580-599 |
Number of pages | 20 |
Journal | International Small Business Journal |
Volume | 31 |
Issue number | 5 |
Early online date | 1 Dec 2011 |
DOIs | |
Publication status | Published - Aug 2013 |
Keywords
- capital theory
- cultural capital
- entrepreneurial philanthropy
- symbolic capital