Entrepreneurship literature has examined the effects of social capital and cultural capital on entrepreneurial outcomes. However, the articulation of these concepts has not been clearly resolved. We employ a unique dataset of entrepreneurs from 51 African countries, introducing the level of slave trade as both a measurement of mistrust and a proxy for social capital. We use majority religion as a proxy for cultural capital. We found that social capital has a significantly positive impact on entrepreneurship only through its moderating effect on cultural capital. Results have significant policy implications for the articulation of social and cultural capital.

中文翻译：

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社会资本与文化资本决定企业家精神的因素：非洲大陆的实证研究

企业家文学研究了社会资本和文化资本对创业成果的影响。但是，这些概念的表达方式尚未明确解决。我们采用了来自51个非洲国家的企业家的独特数据集，介绍了奴隶贸易的水平，既衡量不信任度，又代表社会资本。我们使用多数宗教作为文化资本的代表。我们发现，社会资本只有通过对文化资本的调节作用才能对企业家精神产生显着的积极影响。结果对于表达社会和文化资本具有重要的政策意义。