Role of Social Capital in Women-owned Businesses in Sri Lanka: A Relational Perspective

H. A. K. N. S. Surangi

Abstract

Structural dimensions and gender comparison in social capital dominate the entrepreneurship literature; however, little research has focused on women entrepreneurs and the relational aspect of social capital. Therefore, the objective of this study is to explore the role of social capital in women-owned businesses in Sri Lanka, focusing on the relational dimension. Social constructionists focus on interaction, and narrative design is particularly appropriate for exploring experiences of female entrepreneurs. For this purpose, fifteen women were selected using the purposive sampling method, and narrative interviews and observations were used to collect data, which were analysed using thematic analysis. The findings show that these women favour strong ties, accumulating social capital through multiplex ties. Family ties support businesswomen more than the support received from friends and via professional links. Overall, the study further extends the dynamic view of the relational dimension of social capital with evidence from Sri Lankan women entrepreneurs.

Keywords:    Women-Owned Businesses, Social Capital, Relational Dimension, Narratives

Volume 13, Issue 1

June 30, 2022

Pages: 27-56

DOI: http://doi.org/10.4038/cbj.v13i1.88

Suggested citation:

Surangi, H. A. K. N. S. (2022). Role of social capital in women-owned businesses in Sri Lanka:  A relational perspective. Colombo Business Journal, 13(1), 27-56. http://doi.org/10.4038/cbj.v13i1.88

H. A. K. N. S. Surangi
Department of Commerce and Financial Management, University of Kelaniya, Sri Lanka
surangins@kln.ac.lk