DEMYSTIFYING THE NEXUS BETWEEN SOCIAL CAPITAL AND ENTREPRENEURIAL SUCCESS IN SOUTH AFRICA

The purpose of this study was to demystify the nexus between social capital and entrepreneurial success in South Africa. The study was quantitative and data was collected using a self-administered questionnaire. A sample of 196 entrepreneurs was conveniently sought. Data was analysed using the structural equation model through the SmartPLS 3 software. The first hypothesis which stipulated that there is a significant positive relationship between Empowerment and Political Action (EPA) and Entrepreneurial Success (ES) was supported as posited by significant path findings (β=0.637; t=8.123; p<0.0001). Secondly, hypothesis two findings (β=0.203; t=2.585; p=0.010) also alluded to a significant path between Social Cohesion and Inclusion (SCI) and Entrepreneurial Success (ES) among entrepreneurs in South Africa. Finally, the third hypothesis which stated there is a significant positive relationship between Groups and Networks (GN) and Entrepreneurial Success (ES) was not supported based on weaker path findings (β=0.083; t=1.071; p=0.285)