Research On The Influence Of Social Capital On Farmers’ Entrepreneurship

With the deepening of rural revitalization and the continuous development of urbanization,social capital resources continue to tilt towards the countryside,for the development of rural economy and society into a strong impetus.However,as an external virtual capital,the impact of social capital on farmers’ entrepreneurship is hidden and difficult to observe,making it difficult for social capital to be mastered by farmers in the actual development process.Although the depth and breadth of the study of social capital are deepening,the concept and measurement of social capital are not comprehensive and in-depth enough,especially the impact effect and influence mechanism is more complex,which needs to be further practiced and explored.Using the panel data of the 2014-2018 National Rural Survey of China’s household tracking survey,this paper makes an empirical analysis of the development trend of farmers’ social capital and farmers’ entrepreneurship and the influence mechanism and function form of social capital on farmers’ entrepreneurship during the research period,which is of great significance for improving farmers’ income level and realizing rural balanced development.The demonstration process of this paper is mainly the theoretical basis and influence mechanism of the proposed and empirical research part.In terms of theoretical basis,the theory of Timmons’ entrepreneurial process,the theory of dual economy and labor transfer and the patchwork theory of entrepreneurial resources are systematically summarized,and the mechanism of the influence of social capital on farmers’ entrepreneurship is analyzed on the basis of theoretical research and related literature research at home and abroad.In the empirical research part,first of all,the Chinese household tracking survey 2014-2018 data matching and sorting,retaining three years of simultaneous follow-up survey respondents,and using descriptive statistical analysis methods,the social capital and heterogeneous farmers entrepreneurship development trend is described,and then with the help of Stata15.0software to build social capital and farmers entrepreneurship empirical model,And through the financial support and family wealth two intermediary variables to further investigate the role of social capital on farmers’ entrepreneurship mechanism,in addition,in order to make the return results more credible,the article on the relevant return results may be a robust test of the problems.Through the demonstration of scientific system,this paper mainly draws the following conclusions:First,the social capital of farmers shows the trend of increasing year by year,and the amount of social capital of farmers is increasing under the condition that the tilt of rural policies is increasing.The three dimensions of social capital social network,social trust and social participation in the three-year mean is also realized as a growing trend,the difference is that the social network,social trust change is relatively flat,its changes in each year is small;And social participation in each year’s large changes,showing a relatively rapid growth trend.Second,the number of rural farmers starting a business in general shows a trend of increasing volatility,with little change in each year,maintaining a relatively stable state of change.In the number of heterogeneous farmers entrepreneurs,the proportion of male entrepreneurs is greater than that of women;There are significant differences in the proportion of farmers’ entrepreneurship in the east,middle and west regions,and the proportion of farmers’ entrepreneurship in the eastern region is higher than that in the central and western regions,but the proportion of farmers’ entrepreneurship in the eastern region shows a downward trend,while the proportion of farmers’ entrepreneurship in the central and western regions shows a trend of increasing volatility.Third,the empirical regression results show that social capital and various dimensions play a significant positive role in promoting farmers’ entrepreneurship.This shows that the increase of farmers’ social capital,farmers’ entrepreneurship information collection,opportunity recognition and other resources will continue to increase,so as to promote farmers’ entrepreneurship.Fourth,In the return of sub-samples,social capital showed significant positive influence on farmers’ entrepreneurship,but the promotion of farmers’ entrepreneurship showed obvious differences.The influence of male social capital on farmers’ entrepreneurship is greater than that of women.Social capital plays a greater role in promoting farmers’ entrepreneurship in the eastern region than in the central and western regions.Fifth,Family wealth and financial support as an intermediary variable for social capital to influence farmers’ entrepreneurship,social capital can significantly promote farmers’ entrepreneurship through the intermediary effect of internal family wealth and external financial support.In addition,the dual role of internal and external funds to promote farmers’ entrepreneurship is even greater.On the basis of the above conclusions,this paper puts forward policy suggestions from four aspects: paying attention to the accumulation of social capital of farmers,releasing the promotion role of farmers’ informal mechanism,increasing the internal and external financing of farmers’ entrepreneurship,strengthening farmers’ education and training,and narrowing the regional development gap.