scholarly journals Network-Based Driving Force of National Economic Development: A Social Capital Perspective

Entropy ◽  
2021 ◽  
Vol 23 (10) ◽  
pp. 1276
Author(s):  
Lizhi Xing ◽  
Xi Ai ◽  
Jiaqi Ren ◽  
Dawei Wang

Network science has been widely applied in theoretical and empirical studies of global value chain (GVC), and many related articles have emerged, forming many more mature and complete analytical frameworks. Among them, the GVC accounting method based on complex network theory is different from the mainstream economics in both research angle and content. In this paper, we build up global industrial value chain network (GIVCN) models based on World Input–Output Database, introduce the theoretical framework of Social Capital, and define the network-based indicators with economic meanings. Second, we follow the econometric framework to analyze the hypothesis and test whether it is true. Finally, we study how the three types of capital constituted by these indicators interact with each other, and discuss their impact on the social capital (economic development level, i.e., GDP). The results prove that the structural capital (industrial status) has a positive impact on the social capital; the relational capital (industrial correlation) has a positive impact on both social capital and structural capital; the cognitive capital (industrial structure) has a small impact on the social capital, structural capital, and relational capital.

Energies ◽  
2022 ◽  
Vol 15 (2) ◽  
pp. 546
Author(s):  
Elżbieta Jędrych ◽  
Dariusz Klimek ◽  
Agnieszka Rzepka

Social capital is currently perceived as one of the basic factors of economic development and economic success of enterprises. However, while there is already much research on social capital in enterprises, there has been little such research in the energy industry. The aim of the publication is to fill the gap in this regard. The basic question that the authors try to answer is whether there is a higher level of capital in energy companies compared to other industries, and if so, what the reasons are for this. Apart from answering this question, the authors present their own method of measuring the level of this capital. The first part of the article presents the results of a study on the level of social capital in Polish energy companies, whereas the second part compares the levels of social capital in energy companies and industrial companies in other sectors. According to the study, energy companies generally have higher levels of social capital than companies in other industries. It has been found, however, that individual forms of capital that comprise social capital differ. The most significant differences were observed in relational capital, followed by cognitive capital at a lower value and structural capital at the lowest. The survey also revealed that there is a difference in social capital levels among the researched professional groups: management, administration, and production.


2018 ◽  
Vol 58 (7) ◽  
pp. 1209-1226 ◽  
Author(s):  
Mesbahuddin Chowdhury ◽  
Girish Prayag ◽  
Caroline Orchiston ◽  
Samuel Spector

The resilience of tourism organizations is an important issue for destinations. While studies examine the social capital of firms, researchers have yet to understand the relationship between social capital (structural, relational and cognitive) and organizational resilience as predictors of business performance. This study evaluates these relationships at the interfirm level among tourism organizations in the postdisaster context of Christchurch, New Zealand, where business performance for some tourism operations was severely impacted. Surveys of tourism organizations reveal that structural capital has a positive relationship with both cognitive and relational capital. Only relational capital has an influence on adaptive resilience. Adaptive resilience has a significant influence on business performance. By showing which elements of social capital contribute to adaptive resilience, these findings can be used by tourism organizations in their recovery phase to direct investments in building resilience and strengthening interfirm relationships.


Author(s):  
Iwona Skrodzka

The importance of human and social capital in the processes of growth and economic development has been broadly discussed in the literature. There are many theoretical models of economic growth considering human or social capital. However, there is still a shortage of empirical studies concerning the dependencies between these phenomena. The purpose of this study is to examine the role which human and social capital play in the processes of economic development in the European Union countries. Empirical analysis concerns the year 2015. Owing to the fact that neither of these categories is measurable, the research uses the soft modelling method. It allows users to examine links between variables which are not directly observable (latent variables). The conducted research has demonstrated that human capital as well as social capital had statistically significant, positive impact on the economic development of the EU countries. The obtained results also made it possible to create the rankings of the examined countries according to their stocks of human and social capital and the level of economic development.


2018 ◽  
Vol 10 (4) ◽  
pp. 1-17
Author(s):  
Zuoning Xu ◽  
Tao Zhou

The social capital embedded within the social network relationships among users may facilitate their continued usage of mobile SNS. However, how to develop social capital remains a question. In this article, the authors incorporated three factors of system quality, information quality, and service quality from the information systems (IS) success model to examine their effects on social capital in mobile SNS. The results indicate that these three factors have significant effects on social capital, which includes structural capital, relational capital, and cognitive capital. The results imply that service providers need to improve users' technological perceptions in order to develop social capital and facilitate their continuance of mobile SNS.


2017 ◽  
Vol 3 (3) ◽  
pp. 272 ◽  
Author(s):  
Matthew J. Hanka ◽  
Trent Aaron Engbers

Sean Safford’s 2009 book Why the Garden Club Couldn’t Save Youngstown introduces a revolutionary idea that much of a community’s economic resilience is tied to the social capital that exists within it. Recent research suggests that social capital not only benefits those who develop it, but it can serve as a source of economic development in the communities in which it arises. Past quantitative research on the economic benefit of social capital has only examined the city or higher levels of aggregation. This study measures social capital in three diverse socioeconomic neighborhoods to better understand how social capital can serve as a tool for economic development. An ordered probit regression model was developed to examine how individual and neighborhood levels of social capital benefit households within these communities. Moreover, this study addresses how differences in social capital across neighborhoods are explained by both individual and neighborhood characteristics.


2016 ◽  
Vol 55 (4I-II) ◽  
pp. 467-482
Author(s):  
Nuzhat Ahmad ◽  
Mahpara Sadaqa

The research addresses the missing link between social capital and analyses of household welfare and poverty. First the relationship between social capital and household welfare is analysed using a social capital index and a heterogeneity index. The social capital index is calculated using different dimensions: density of membership, attendance at meetings, cash and kind contributions and decision making in local organisations/associations. Heterogeneity index is based on differences in incomes, ethnicity, education and political affiliations in the composition of organisations. Endogeneity of social capital with household expenditure is tested through an Instrumental Variable approach. The relationship between social capital and probability of being poor is analysed through a logit model. The analysis uses data collected form 1050 households in and around the cities of Karachi, Lahore and Quetta. The main results indicate that social capital (however measured) has a positive impact on the welfare of the household. The study concludes that social capital and human capital have the same returns. A powerful result of the research is that households with social capital at their disposal are likely to be less poor and that poverty is less when households share risks though building associations and through collective action. The research has some policy implications which can be useful in building up social capital in the country.


2019 ◽  
Author(s):  
Arlika Anindya Putri

Purpose – The purpose of this study is to develop a structural equation model to explain the complexrelationship between social network and firm performance by introducing the mediating role of trust, sellingcapability and pricing capability.Design/methodology/approach – The research model with hypothesis development was derived basedon the literature. To provide empirical evidence, this study carried out a survey in which the data wereequated with a list of questionnaires with a random survey of 380 small and medium enterprises (SMEs) inthe Indonesian context.Findings – This study indicates that the use of social media in management process will not affect theincreasing firm performance, unless the firms build trust upon social networks. The social network with trustallows the firms to gain a pricing capability and a selling capability, which brings a positive impact on firmperformance. The results also show that the selling and the pricing capabilities become essential following theutilizing the social media, which concerns on trust building.Research limitations/implications – This study focused on the small-to-medium context, which hasconventionally provided an exemplary site for the development of social capital theory but raises issues ofgeneralizability across different contexts.Practical implications – To the managers, it is advisable to encourage their employees to consciouslyexploit the selling capability by enhancing the business networks via social media to achieve the firmperformance.Originality/value – This paper contributes to the social capital theory by explaining the mediating role oftrust in the complex relationship between social network and firm performance. This study provides evidencethat trust plays a pivotal role in social networks, which enable the observed firms to achieve the performance.


2021 ◽  
Vol 7 (5) ◽  
pp. 3519-3530
Author(s):  
Jing Bian ◽  
Siyu Wang

Objectives: With the rapid development of the regional economy, its growth mechanism and competitiveness have gradually attracted people's attention. Based on the social innovation competitiveness of economic clusters, the regional industrial economic development has been studied. Methods: Taking the economic growth effect and industrial agglomeration effect of industrial output value as the object of study, the industrial data is used to subdivide three matching mechanisms: factor structure and industrial association, regional or urban scale and industrial structure, market scale and industrial choice. Results: The results show that different types of industries have different response characteristics to the three matching mechanisms, and there are phenomena of industry and spatial differentiation of matching mechanisms. Conclusion: The research has a certain role in promoting the social innovation of economic clusters and the development of regional industrial economy.


1971 ◽  
Vol 13 (2) ◽  
pp. 196-216 ◽  
Author(s):  
R. S. Khare

Recently Singer (1966: 497–505), while reviewing a book on economic development and Hinduism, underlined the necessity of recognizing the ‘deficiencies’ of the hypothetico-deductive method in studying social change in India. He alluded to Weber's thesis (ideal-typical relations of the Hindu ‘ethic’ to economic development) and its possible ‘distortions’ under this approach, especially if applied ‘as a basis for quick diagnoses of the ideological and structural factors impeding or facilitating economic development…’ (p. 498), or when applied to a general analysis of the social and cultural ‘transformations’ involved in modernization. He noted two major limitations: first, that under hypothetico-deductive use of ideal types one tries to deduce ‘realistic consequences from basic beliefs, values, motives postulated in isolation from concrete social and cultural contexts’ (p. 501), and second (which is perhaps a related consequence), that when deducing general tendencies, one fails ‘to specify conditions and magnitudes under which the conclusions are valid’ (p. 502). While Singer recognizes that this approach ‘will eventually complement’anthropologists’ narrative, descriptive, and inductive approaches, he stresses that the present need is to accumulate relevant empirical studies of the latter kind, against which we can check the conclusions of hypothetico-deductive theory.


2017 ◽  
Vol 3 (7) ◽  
pp. 52
Author(s):  
Michael Isaac Opusunju ◽  
Ndalo Santeli Jiya ◽  
Murat Akyuz

<p class="Default">The study examines the relationship between intellectual capital and competitive advantage in Pan African Nigeria Limited, Abuja.  The study also sought to find out how intellectual capital (human capital, social capital, relational capital and structural capital) enhances competitive advantage in Pan African Nigeria Limited, Abuja. The population of 65 employees were used and the population was used as sample size.  Point in time data were collected from primary source and Ordinary Least Square was adopted and finding reveals that the relationship between intellectual capital and competitive advantage in Pan African Nigeria Limited is significant. This shows that there is a significant relationship between human capital and competitive advantage in Pan African Nigeria Limited, Abuja. There is a significant relationship between relational capital and competitive advantage in Pan African Nigeria Limited, Abuja. There is a significant relationship between structural capital and competitive advantage in Pan African Nigeria Limited, Abuja. There is a significant relationship between social capital and competitive advantage in Pan African Nigeria Limited, Abuja. It is therefore recommended that Pan African Nigeria Limited should emphasis more on intellectual capital such as human capital, social capital, relational capital and structural capital since it help them to achieve competitive advantage over other firms within the industry.</p>


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