Elites were pivotal for Latin America’s modernization, yet granular evidence of their industrial entrepreneurship is limited. I study Antioquia, an early center of industrialization, from the late nineteenth to early twentieth centuries. Analyzing elite interactions via newfound archival data and exploiting unexpected deaths as exogenous shocks, I find global connectivity—not local—drove industrial entrepreneurship. This suggests diverse resources unavailable in markets but accessible through global connections were crucial in forming industrial ventures. Thus, this paper depicts how social capital shapes elite outcomes.

中文翻译：

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拉丁美洲的社交网络和精英创业：来自安蒂奥基亚工业化的证据


精英在拉丁美洲的现代化中发挥着关键作用，但证明他们的工业创业精神的具体证据是有限的。我研究的是安蒂奥基亚，一个从 19 世纪末到 20 世纪初的早期工业化中心。通过新发现的档案数据分析精英互动，并将意外死亡作为外生冲击，我发现全球连通性（而不是本地连接）推动了工业创业。这表明市场上无法获得但通过全球联系获得的多样化资源对于形成工业企业至关重要。因此，本文描述了社会资本如何塑造精英结果。