Abstract
The tourism industry is predominantly made up of independently owned small and medium size enterprises. These enterprises are created and managed by tourism entrepreneurs, and subjected to the motivations, goals, experiences, and capabilities of the business founder(s). Because the tourism entrepreneur and their enterprise are inextricably linked, the stock of human, social, and psychological capital of the tourism entrepreneur becomes important when determining the strategies and success of their enterprise. To understand this phenomenon, this chapter collates the latest knowledge in this area of tourism research, identifies what is currently known about the phenomenon, identifies the relevant gaps in knowledge, and proposes future research agendas to improve our understanding of how these three sources of capital influences tourism entrepreneurship.