The role of social capital in the modernization of a traditional entrepreneurial ecosystem : the case of the Vakinankaratra region
This article take its place in studies of the role of social capital in entrepreneurial development by examining its contribution to the gradual shift from a traditional entrepreneurial ecosystem in a specific geographical context to a more dynamic and modern ecosystem. Using a unique multi-actor case study and the phenomenological narration as a method of data analysis, we have observed how the deployment of this social capital, resulting in constantly renewed the organization and technologies have facilitated the emergence of a dairy production system that was transformed through external interventions and arrangements collectively built by the entrepreneurial actors towards this new entrepreneurial ecosystem. On the empirical level, we describe the formation and benefits of social capital in the development and maintenance of a particular productive configuration, despite the risk of opting for non-optimal behaviors that could be induced by the strongly sedimented local relational fabric. In terms of managerial contribution, our results focus on issues, strategies and models to support entrepreneurs and entrepreneurship.