‘In what ways are human capital and social capital valuable to an entrepreneurial start-up? Provide examples of each’ Format: Essay Type, 500 words. Use several Academic References and Harvard...

Social Capital and Human Capital in Start-Up Company
Introduction
The report is about the social capital and human capital role in the start up company. The start
up company requires entrepreneurial abilities and first to understand the role of social capital
and human capital it is required to have familiarity with the entrepreneurial skills.
Entrepreneurial skills
Entrepreneurs must be strong willed and must have the visionary power. They should be
authoritative and must not be affected by the other people influence easily. Along with that
they should have good leadership practices. They must be able to win the trust and loyalty of
the followers (Page, n.d.). They must take initiatives and must conduct experimentation.
Entrepreneurs are required to have good decision making abilities and they must be great
listeners. The values that should be fostered by the entrepreneurs are the tenacity, passion,
tolerance for ambiguity, vision, self belief and rule breaking (Robinson, 2014). These skills
and abilities are properly served by the social capital and human capital.
Social capital
The social capital is a quality that is obtained by the individual’s network relationship. The
network relationship has largely dependent upon the leadership skills and public relation
skills of individual therefore the social capital is required to run the...