Entrepreneurship Theory and Practice 2025

Replicating Davidsson and Honig (2003): Updates on Human Capital, Social Capital, and Replications in Entrepreneurship

Vitaliy Skorodziyevskiy¹; G. Christopher Crawford²; Nathan Hayes³; Per Davidsson^4,5; Benson Honig⁶

¹ University of Louisville · ² University of Tampa · ³ University of North Carolina at Charlotte · ⁴ Queensland University of Technology · ⁵ Jönköping University · ⁶ McMaster University

Abstract

We conducted a three-step replication of Davidsson and Honig’s study on the roles of human and social capital in venture creation processes. First, we attempted an exact replication to rule out mistakes and questionable manipulations influencing the original results. Second, we included the initial stage of development as an additional control variable, reflecting on updates suggested in later research. Third, we extended the original analyses using a sample from a different spatiotemporal context, enhancing theoretical generalizability. We largely validate D&H’s findings, highlight the importance of modeling initial entrepreneurial processes, and emphasize the underappreciated complexities and value of replication studies.

DOI

10.1177/10422587251322409

Sources

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APA 7 MLA 9 Chicago (author–date) Harvard Elsevier Harvard (JFE, JBF…) The Accounting Review Academy of Management American Marketing Association INFORMS (Management Science) Copy citation Copied ✓