Entrepreneurial Capital

Publication Outlet: Volume 17, Issue 3, Journal of Business Venturing
Author: Truls Erikson
Affiliation: Manchester Business School, Manchester UK

This is an interesting article. It basically defines entrepreneurial capital as "a multiplicative function of entrepreneurial competence and entrepreneurial commitment...Entrepreneurial capital can also be conceived as the present value of future entrepreneurial behavior. This is analogous to the PV rule in the finance literature. A similar notion is used when social capital is conceived as the sum of resources in networks" (Erikson, 2002).  

Reference
Erikson, T. (2002). Entrepreneurial capital: the emerging venture's most important asset and competitive advantage. Journal of Business Venturing,17(3), 275-290.