A Study on Social Capital Concept, Development and Importance

Taşdemir, Derya Çevik; Bahar, Ayşe Düriye; Çayırağası, Filiz

doi:10.18775/ijmsba.1849-5664-5419.2014.41.1007

Cited by 4 publications

(3 citation statements)

References 6 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…With today's increased productivity in a global world, enterprises stand to gain superiority to competition, effective technological use and lead through innovation; all of which reveal social capital of ventures. (Taşdemir, Bahar, & Çayırağası, 2017) Social capital renders itself as very prospective in developing and boosting social performance in comparison to other forms of capitals (Coleman, 1988). This potential comes from the premise that the other assets such as physical resources and human resources are limited hence deplete-able, while social capital's efficiency increases with continued exploitation (Park & Jeon, 2007).…”

Section: Social Capitalmentioning

confidence: 99%

Nexus between Social Capital and Firm Performance: A Critical Literature Review and Research Agenda

Kanini¹,

Muathe²

2019

IJBM

View full text Add to dashboard Cite

Given the importance of social capital in entrepreneurial success and growth, understanding how it can be exploited for optimal performance of the venture becomes critical. While the Government of Kenya, in recognition of the importance of entrepreneurial ventures in driving the economy, has put in both structural and affirmative measures towards enhancement of social capital and support for entrepreneurs, performance of these businesses still remains significantly low. The objectives of this study were to discuss the key constructs, variables and perspectives underlying the conceptualization of social capital and performance, and the arising controversies. Additionally, the study sought to discuss key methodological issues emerging from existing empirical studies, highlight critical knowledge gaps emanating from critical review of the literature and suggest a robust conceptual framework to guide a further study that would address the highlighted knowledge gaps. This study is anchored on the social capital theory which strongly considers social capital as an essential form of capital; one that no business can ignore and expect to survive or thrive. Other supporting theories include the contingency theory, economic theory, anthropological theory and innovation theories. Among the major gaps identified by this study include methodological gaps; most studies reviewed used descriptive design which is known to be the weakest in establishing cause and effect relationships. Some of the studies had very small sample sizes, known to potentially increase errors. Other gaps include contextual gaps; most of the studies considered established businesses where operations tend to be more standardized and innovation is adequately funded, unlike the low income areas where resources are often limited. Conceptual gaps were identified among studies that used direct relationships. For a broader and deeper appreciation of the relationship between social capital and performance, this study recommends conceptualization of a future study whereby the mediating effect of innovation and the moderating effect of operating business environment are considered, preferably within a low income area with less established / informal businesses within the service sector.

show abstract

Section: Social Capitalmentioning

confidence: 99%

Nexus between Social Capital and Firm Performance: A Critical Literature Review and Research Agenda

Kanini¹,

Muathe²

2019

IJBM

View full text Add to dashboard Cite

show abstract

“…Social capital are parts of social organizations such as beliefs, norms, value, sense of belonging, and networks that can improve community efficiency. [5] Social capital can also be seen in the perspective of bonding, bridging, and linking. As the bonding of social capital refers to the relationship of trust and cooperation between members of the network who are similar in a sociodemographic, and with high trust.…”

Section: Introductionmentioning

confidence: 99%

Socio-Economic Analysis of Soybean Farmers in South Sulawesi Province

Gunadi¹

2021

Proceedings of the First International Conference on Economics, Business and Social Humanities, ICONEBS 2020, November 4-5, 202

View full text Add to dashboard Cite

South Sulawesi is one of the provinces in Indonesia which contributes 6.6% to national soybean production. Soybean productivity in South Sulawesi is on average above the national soybean productivity. However, soybean farmers have not been able to draw many benefits from the high productivity because in general they are soybean farmers for consumption purposes. This study aims to look at opportunities to increase the income of soybean farmers through the change from consumption farmers to soybean breeder farmers. The method used in this study is a business feasibility analysis by calculating the R/C ratio and B/C ratio, social capital in the form of social networks of farmers on the West Coast and East Coast of South Sulawesi, and climate mapping using ArcGis 10.5. The results showed that the feasibility of soybean business in the West Coast of South Sulawesi for breeders and consumption farmers each had an R/C ratio of 2.33 and 1.33, while the B/C ratios were 1.72 and 0.72. The soybean business on the East Coast of South Sulawesi for breeders and consumption farmers each had an R/C ratio of 2.25 and 1.63, while the B/C ratio were 1.25 and 0.63. Social capital in the form of a social network between the West Coast and the East Coast has the potential to be developed into a network of soybean breeder that produce continuous (based on unique climate) in South Sulawesi.

show abstract

“…Since Coleman (1988; and Putnam (1993) published their epoch-making works about social capital, various empirical studies have claimed that the notion of social capital is by itself one of the possible explanations for the different development levels that exist between nations and across communities in the same country. What is missing, however, is a deeper analysis of the role that social capital is asked to play in relation to development (positive approach) and the consequent translation in terms of policies (normative approach) (Pisani & Franceschetti, 2011;Taşdemir, Bahar & Çayırağası, 2017).…”

Section: Introductionmentioning

confidence: 99%

Social capital: The missing link in Ghana’s development

Koomson¹,

Enu-Kwesi²

2020

JOSS

View full text Add to dashboard Cite

Development practitioners in recent times have recognised that the general factors of production determine only partially the process of economic growth because they overlook the way in which economic actors interact and organise themselves to generate economic growth. In 2006, the World Bank publication cited developing countries as having the least amount of intangible capital compared to the developed nations. However, among the components of intangible capital, social capital has attracted considerable attention among social scientists in general and development economists in particular because there is growing evidence that social capital can have impacts on development outcomes. Using primarily desk studies, the paper examines current literature on social capital and how they provide some answers to the missing link in Ghana’s development. We conclude that while micro-level social capital is important and predominates in Ghana’s development, its success largely depends on macro-level social capital.This implies that an enabling socio-economic environment is very vital for all sectors to function properly. In essence, social capital – like natural, physical and human capital – has limited value if it is not combined with other forms of capital, because social capital makes the other types of capital and their productive combination more efficient.

show abstract

A Study on Social Capital Concept, Development and Importance

Cited by 4 publications

References 6 publications

Nexus between Social Capital and Firm Performance: A Critical Literature Review and Research Agenda

Nexus between Social Capital and Firm Performance: A Critical Literature Review and Research Agenda

Socio-Economic Analysis of Soybean Farmers in South Sulawesi Province

Social capital: The missing link in Ghana’s development

Contact Info

Product

Resources

About