Class,Entrepreneurship and the Service Sector: Towards a Conceptual Clarification

Opportunities for entrepreneurship within modern economies are concentrated primarily within the service sector. On the basis of recent empirical research this paper develops a conceptual framework which differentiates entrepreneurs according to the relative mix of capital and labour utilised. Four sub-categories within the entrepreneurial middle class are identified and the implications for social mobility on the basis of capital accumulation are explored. In particular, attention is drawn to the significance of employment relationships as a factor which limits the growth of labour-intensive businesses. Despite its neglect within sociological theory the entrepreneurial middle class continues as a significant force within contemporary economies, and several areas for future research are suggested.