Social Entrepreneurship And Cultural Capitals In Latin America Case Study

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This study provides a valuable insight to the literature of social entrepreneurship by understanding the context and career capitals (Bourdieu P. , 1986) that social entrepreneurs have in Latin America. After analyzing the data a framework that summarizes the social entrepreneurship landscape in Latin America, and the career capitals that social entrepreneurs in the region own to deal with this complex context, was created.

Based on the interviews this study shows that the Latin American context is mainly explained by: sexism, lack of equality, corruption, institutional voids, family’s support and lack of government support. To deal with this reality social entrepreneurs have a set of career capitals (Bourdieu P. , 1986) that they use to pursue their ventures. Within these capitals I identified the following:

Cultural Capitals
1. Strong values & life perspectives fostered by the family during childhood
2. Passion at a very young age for arts,
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Self-knowledge
4. Recruitment
Social entrepreneurs in Latin America have a set of cultural capitals to face the challenges that the region presents when starting a venture. First, strong values are rooted in very early stages of the social entrepreneur’s childhood. This is related to the family’s support context characteristic, and supports one of Rae’s (2014) New Era Entrepreneurship characteristics, which is ethical responsibility. The influence of the social entrepreneur’s families since they are young strengthen values that increase the likelihood of ethical behaviors in their adulthood.
Also, since very young ages the social entrepreneur already shows passion for arts, nature, science and society. Again, this can be related to a context characteristic: lack of equality. The social entrepreneur starts to get involved in the society and starts to learn about its positive things as well as its issues. This passion drives a desire to contribute in a positive way to society and reduce equality issues in the

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