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Networking and Entrepreneurial Activity in Kuwait

Date: 
11/09/2017
Abstract: 

This study examines socializing and networking practices in Kuwait known as the diwaniyas. Diwaniyas are physical spaces where people gather regularly to discuss, amongst other things, politics, business,
history, and/or matters of everyday life. The thesis put forward is that participation in the social establishment of diwaniyas favors the acquirement of social, cultural, and symbolic capital. This, in turn, fosters entrepreneurialism and increases opportunities and activities that can be converted into economic capital. The importance of this social infrastructure as a vehicle to help deliver the capital required for entrepreneurial activity is also highlighted.
Keywords:
Entrepreneurship, Social Capital, Diwaniyas, Kuwaiti culture

Subject: 
Management
Paper No.: 
02