scholarly journals Social capital in the creation of human capital and economic growth: A productive consumption approach

2008 ◽  
Vol 37 (5) ◽  
pp. 2020-2033 ◽  
Author(s):  
Soumyananda Dinda
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Human Capital ◽  
The Creation

scholarly journals Social capital and economic growth in the regions of Europe

2021 ◽  
pp. 0308518X2110000
Author(s):  
Jonathan Muringani ◽  
Rune D Fitjar ◽  
Andrés Rodríguez-Pose
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Human Capital ◽  
European Social Survey ◽  
Knowledge Flows ◽  
Regional Economic Growth ◽  
Lower Growth ◽  
Regional Economic ◽  
Bonding Social Capital ◽  
Bridging Social Capital

Social capital is an important factor explaining differences in economic growth among regions. However, the key distinction between bonding social capital, which can lead to lock-in and myopia, and bridging social capital, which promotes knowledge flows across diverse groups, has been overlooked in growth research. In this paper, we address this shortcoming by examining how bonding and bridging social capital affect regional economic growth, using data for 190 regions in 21 EU countries, covering eight waves of the European Social Survey between 2002 and 2016. The findings confirm that bridging social capital is linked to higher levels of regional economic growth. Bonding social capital is highly correlated with bridging social capital and associated with lower growth when this is controlled for. We do not find significantly different effects of bonding social capital in regions with more or less bridging social capital, or vice versa. We examine the interaction between social and human capital, finding that bridging social capital is fundamental for stimulating economic growth, especially in low-skilled regions. Human capital also moderates the relationship between bonding social capital and growth, reducing the negative externalities imposed by excessive bonding.

Human capital diversity in the creation of social capital for team creativity

2013 ◽  
Vol 35 (1) ◽  
pp. 54-71 ◽  
Author(s):  
Jing Han ◽  
Jian Han ◽  
Daniel J. Brass
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Team Creativity ◽  
The Creation

scholarly journals Leveraging on the Urban Economy to Promote the Growth of Women-Owned Small Businesses in Bangladesh

2021 ◽  
Vol 3 (1) ◽  
pp. 15-23
Author(s):  
Nusrat Hafiz ◽  
Ahmad Shaharudin Abdul Latiff ◽  
Sazali Abd Wahab
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Developing Countries ◽  
Human Capital ◽  
Small Businesses ◽  
Urban Economy ◽  
Developed Countries ◽  
The City ◽  
Research Domain

Purpose: The contribution of small businesses to a country’s economic growth is vital. It makes sense to accentuate the small businesses by emphasizing the neglected segments. The present study aims to explore the women-owned small businesses (WOSB) and their various problems. The study also examines if the city-based features of the urban economy can be favorable to promote the growth of WOSB. Methods: The concept paper conducts secondary research by selecting sample literature on WOSB of Bangladesh from the manufacturing, and trading sectors.  The selection and classification of extant literature were conducted by emphasizing problems faced by WOSB, and the city-based amenities of developing countries. The extracted information is analyzed by categorizing and interpreting relevant issues to create a base-model of venture-growth. Results: Based on the literature review, a growth-framework is formulated that reflects the issues faced by WOSB categorized as financial illiteracy, inadequate human capital, insufficient social capital, and business environmental hiccups. Also, the substandard growth of WOSB is envisaged in the model if the problems are not addressed timely. The study also discovers that the urban economy could be leveraged to make these issues less coercing for the women owners. Implications: The paper creates a nexus with the WOSB and the privileges of urban platforms to ensure better growth of the firms. Originality:  As far as authors could determine, the aimed research-domain was mostly covered from the perspectives of developed countries, rarely covered in the context of developing countries, and almost absent in Bangladesh. This paper attempts to fulfill that gap.

scholarly journals Entrepreneurship, firms creation and regional performance

2019 ◽  
Vol 28 (2) ◽  
pp. 158-173 ◽  
Author(s):  
Paz Rico ◽  
Bernardí Cabrer-Borrás
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Productive Efficiency ◽  
Entrepreneurial Activity ◽  
New Firms ◽  
Content Type ◽  
Spanish Regions ◽  
Business Dynamics ◽  
Technological Level ◽  
The Creation

Purpose The purpose of this paper is to analyse if the divergences in the economic growth of the Spanish regions are a result of sectoral differences, company size or technological level of the new firms that emerge in the market. Design/methodology/approach For this purpose, a model is specified and estimated in which the total factor productivity of Spanish regions is explained by business dynamics, innovation, human capital and the level of entrepreneurship in each region. Findings The results obtained lead the authors to conclude that entrepreneurship understood as both the creation of new firms and entrepreneurial activity, have a positive effect on productive efficiency and can explain the differences in the economic growth of the regions. In addition, the stock of human capital and the promotion of innovation act as catalysts for the productive efficiency of the regions. However, the results show that it is not enough to generate new firms to boost economic growth; these businesses must also be oriented towards sectors that promote technological innovation and with the objective to reach an adequate size. Originality/value Empirical studies use either the creation of new firms or the index of entrepreneurial activity as alternative measures of entrepreneurship. In this research, however, both variables are considered together. Specifically, the creation of new companies is used as a measure of regional business dynamics, and the entrepreneurial activity index, provided by the Global Entrepreneurship Monitor, as a measure of regional entrepreneurship. The main novelty of this paper’s approach is that it considers different types of entrepreneurial capital in considering productive sector, size and technological level of the new companies.

Social Capital in the Creation of Human Capital

1988 ◽  
Vol 94 ◽  
pp. S95-S120 ◽  
Author(s):  
James S. Coleman
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
The Creation

scholarly journals Inclusive growth through creation of human and social capital

2014 ◽  
Vol 41 (10) ◽  
pp. 878-895 ◽  
Author(s):  
Soumyananda Dinda
Keyword(s):  
Economic Growth ◽  
Social Capital ◽  
Human Capital ◽  
School Enrollment ◽  
Inclusive Growth ◽  
Content Type ◽  
The Social ◽  
The Government ◽  
Human And Social Capital ◽  
The Impact

Purpose – The purpose of this paper is to analyse inclusive growth that focuses on the creation of opportunities for all. Inclusive growth allows people to contribute to and benefit from economic growth, while pro-poor growth approaches focusing on welfare of the poor only to reduce inequality. Design/methodology/approach – Social capital forms with the development of human capital through schooling. Educated individuals are interested in dialogue and conversation. Interaction enables people to build trust, confidence and cooperation, to commit themselves to each other (i.e. reciprocity), and thereby to knit the social fabric. This study deals with the formation of social capital through development of human capital that is created through improvement of schooling and/or social inclusion. Creation of human and social capital is the basis for inclusive growth. Findings – Recently, economics literature incorporates social capital for explaining regional disparities. Economic development of country depends on the impact of social capital which includes social culture, norms and regulations that promote economic reforms and development activities. Social capital forms with the development of human capital through schooling. Research limitations/implications – More detail regional levels data are required for empirical findings. Practical implications – This paper definitely suggests a clear policy for inclusive growth model in less developed regions/countries. Briefly and specific few policies are suggested as: first, improve productive consumption providing nutritional intake to all the excluded people of the society; second, dismal the social blocking and create the base for bridging social capital formation; third, improve school enrollment and strengthen the feeling of togetherness; fourth, design school curriculum as per need base; and fifth, develop institutions and improve capacity building. Social implications – The Government expenditure policy should be focused more on productive consumption rather than unproductive consumption. The government should concentrate on the development of education and health sectors. Originality/value – The inclusive economic growth process overcomes low-level equilibrium trap. The predictions of the model are examined empirically for a cross-section of countries and have substantial support in the chosen sample data.

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