The social capital of family business ( SCFB) has been ignored more or less in the existing research on social capital . As a result , it is hard to reveal the property attribute of the social capital and to define the characteristics or structure of its property rights . The article holds that SCFB which is based on consanguineous and affinitive bond is embedded in norms and structures pertaining to family business and individual entrepreneur . Therefore , SCFB could be defined both organizationally and individually and thus features dual attributes . More specifically , the organizational social capital is characterized by club goods and the individual social capital by private goods . Besides , SCFB has distinctive property rights features including the complexity of the relational essence of objects and of the structure of rights and functions , the socialness of the capital-defining system and the multiple descendent rights of SCFB ownership such as right of use , benefit right and right of disposal . In conclusion , SCFB at the organizational level differs from that at the individual level while at the same time overlapping with the latter . Besides , individual entrepreneur plays a leading role in the formation and succession of SCFB .