Social Capital in the Knowledge Economy

Social Capital in the Knowledge Economy
Author: Hans Westlund
Publisher: Springer Science & Business Media
Total Pages: 214
Release: 2006-09-24
Genre: Social Science
ISBN: 3540353666

This book analyzes the social capital of the growing knowledge economy, from both theoretical and empirical points of view. The theoretical section discusses social capital as an economic concept, developing a theory of the social capital of the enterprise. The empirical section compares aspects of the social capital of three different socio-economic systems: the US, Japan and Sweden. The book discusses a number of issues for further research.

Knowledge and Social Capital

Knowledge and Social Capital
Author: Eric Lesser
Publisher: Routledge
Total Pages: 337
Release: 2009-11-03
Genre: Business & Economics
ISBN: 1136390456

Social capital - the informal networks, trust and common understanding among individuals in an organization - determines major competitive advantages in today's networked economy. Knowledge and Social Capital explains how social capital can drive collaboration, reconcile an organization's internal and external labor markets, and improve organizational effectiveness. This edited compilation of authoritative articles helps readers understand how they can build and capitalize on their own organizations' social capital. Knowledge and Social Capital teaches core principles and important strategies to a range of executives, including organizational development specialists, corporate strategists, and knowledge management professionals. Readers will learn how an organization can:

Social Capital and Rural Development in the Knowledge Society

Social Capital and Rural Development in the Knowledge Society
Author: Hans Westlund
Publisher: Edward Elgar Publishing
Total Pages: 353
Release: 2013-01-01
Genre: Business & Economics
ISBN: 1782540601

ÔThis book by Westlund and Kobayashi emphasises the fact that the gap between urban and rural areas is no longer relevant today: all places and regions are under a strong influence from cities. The authors show in a straightforward way that the continuum between more and less urbanized places requires new types of regulations, based on innovation and local skills, and that rural policies cannot be based on agriculture only but primarily require the mobilization of local social capital links.Õ Ð AndrŽ Torre, INRA Ð Agroparistech, Paris, France ÔÒRuralÓ communities are not all resource dependent and very low-density places. Not all have people leaving in droves and no newcomers. This bookÕs theoretical arguments and case studies (from five countries) help one understand better the diversity of ÒruralÓ. We find population gainers, population losers; newcomers and long-term ÒstayersÓ together in sizable towns; Aboriginal communities where out-migration is limited. The diversity is a key dimension in the analyses of public and private action to build and maintain social capital.Õ Ð Roger E. Bolton, Williams College, US ÔThis amazingly surprising book takes the popular topic of social capital and provocatively examines the contemporary rural development issue. New social capital driven thinking and insights are applied globally from a conceptual frame and locally with examples. The way forward for both urban and rural development is achieved when the variables that define social capital are simultaneously balanced around focused development objectives. Examples show how a multidimensional view of social capital enables meaningful rural development.Õ Ð Roger R. Stough, George Mason University, US Social capital is often considered a key factor for local development. This book analyzes the role of social capital for rural areasÕ survival and development in the current age of metropolitan growth Ð an era in which urban is the norm and where rural areas must adapt to this new situation and build innovative urban-rural relations. The traditional division between ÔruralÕ and ÔurbanÕ is no longer valid in the knowledge society. Instead of being a homogeneous unit based on primary sector production, the countryside in the developed world increasingly consists of areas with very different development paths. With examples from Europe, Asia and America, the book discusses building and renewal of rural social capital from both bottom-up and top-down perspectives, and from the standpoint of business, and both the public and private sectors. Being the first book to treat social capital and rural development in the age of megacities and the knowledge economy, it will be of great benefit to academics interested in social capital research and rural development.

Social Capital

Social Capital
Author: Viva Ona Bartkus
Publisher: Edward Elgar Publishing
Total Pages: 387
Release: 2010-01-01
Genre: Social Science
ISBN: 1848445962

For this book Bartkus and Davis assembled the social capital equivalent of the New York Yankees slugger s row of the 1950s, recruiting some of the best Hall of Fame hitters around along with a number of future stars still early in their careers. The result is a good reflection of the current state of the literature on social capital. Robert D. Putnam, Harvard University, US Social capital is widely used and sometimes mis-used by scholars, policymakers, and the general public. The time has come for thoughtful reflection, synthesis, and informed criticism regarding this important concept. Bartkus and Davis have developed a ground-breaking collection of essays exploring the ideas and evidence underpinning social capital. Denise M. Rousseau, Carnegie Mellon University, US At heart, social capital is a simple concept that relationships matter. Bartkus and Davis foster a vibrant debate among leading scholars as to the critical definition, creation, and consequences of social capital. I commend Bartkus and Davis for their interdisciplinary efforts, for there is no more important challenge facing the social sciences today than the exploration of trust and social capital in our society. Father Theodore Hesburgh, University of Notre Dame, US Social capital has taken the social sciences by storm yet remains fraught with controversy. Despite its complexity and conceptual difficulties, the persistent interest in social capital arises from the fact that it helps us make sense of why people do what they do. This book showcases new innovative research in economics, politics, sociology, and management regarding the topic. Leading scholars from a variety of disciplines present ground-breaking new research exploring the still-undiscovered value of social capital. The book employs a self-consciously multi-disciplinary approach to address two objectives: reaching out and reaching in. Through theoretical and empirical scholarship, the authors explore the many contexts in which the phenomenon can have impact. In effect, social capital research reaches out to issues of economic well-being, civic participation, educational achievement, knowledge and norm formation, and competitive advantage. Further, the authors investigate the many connections between the core themes of social capital and the pillars on which it rests, including structural networks, cognition, relationships and trust. This book is fundamentally about bridging bridging across disciplines, units of analysis, and themes. Scholars, students, and other interested readers from the social sciences and management will find this book challenging and illuminating.

Handbook of Social Capital and Regional Development

Handbook of Social Capital and Regional Development
Author: Hans Westlund
Publisher: Edward Elgar Publishing
Total Pages: 574
Release: 2016-12-30
Genre: Business & Economics
ISBN: 1783476834

The role of social capital in regional development is a multifaceted topic which is studied all over the world using various methods and across numerous disciplines. It has long been evident that social capital is important for regional development, however, it is less clear how this works in practice. Do all types of social capital have the same effects and are different kinds of regions impacted in the same way? This book is the first to offer an overview of this rapidly expanding field of research and to thoroughly analyse the complex issue of social capital and regional development.

Networks in the Knowledge Economy

Networks in the Knowledge Economy
Author: Rob Cross
Publisher: Oxford University Press
Total Pages: 362
Release: 2003-07-17
Genre: Business & Economics
ISBN: 0195347889

In today's de-layered, knowledge-intensive organizations, most work of importance is heavily reliant on informal networks of employees within organizations. However, most organizations do not know how to effectively analyze this informal structure in ways that can have a positive impact on organizational performance. Networks in the Knowledge Economy is a collection of readings on the application of social network analysis to managerial concerns. Social network analysis (SNA), a set of analytic tools that can be used to map networks of relationships, allows one to conduct very powerful assessments of information sharing within a network with relatively little effort. This approach makes the invisible web of relationships between people visible, helping managers make informed decisions for improving both their own and their group's performance. Networks in the Knowledge Economy is specifically concerned with networks inside of organizations and addresses three critical areas in the study of social networks: Social Networks as Important Individual and Organizational Assets, Social Network Implications for Knowledge Creation and Sharing, and Managerial Implications of Social Networks in Organizations. Professionals and students alike will find this book especially valuable, as it provides readings on the application of social network analysis that reflect managerial concerns.

The Knowledge Capital of Nations

The Knowledge Capital of Nations
Author: Eric A. Hanushek
Publisher: MIT Press
Total Pages: 275
Release: 2023-08-15
Genre: Business & Economics
ISBN: 026254895X

A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population. In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. Hanushek and Woessmann subject their hypotheses about the relationship between cognitive skills (as consistently measured by international student assessments) and economic growth to a series of tests, including alternate specifications, different subsets of countries, and econometric analysis of causal interpretations. They find that their main results are remarkably robust, and equally applicable to developing and developed countries. They demonstrate, for example, that the “Latin American growth puzzle” and the “East Asian miracle” can be explained by these regions' knowledge capital. Turning to the policy implications of their argument, they call for an education system that develops effective accountability, promotes choice and competition, and provides direct rewards for good performance.

Social Capital

Social Capital
Author: Partha Dasgupta
Publisher: World Bank Publications
Total Pages: 438
Release: 2000
Genre: Political Science
ISBN: 9780821350041

This book contains a number of papers presented at a workshop organised by the World Bank in 1997 on the theme of 'Social Capital: Integrating the Economist's and the Sociologist's Perspectives'. The concept of 'social capital' is considered through a number of theoretical and empirical studies which discuss its analytical foundations, as well as institutional and statistical analyses of the concept. It includes the classic 1987 article by the late James Coleman, 'Social Capital in the Creation of Human Capital', which formed the basis for the development of social capital as an organising concept in the social sciences.