Social Capital and Economic Performance: A Meta-analysis of 65 Studies

Westlund, Hans; Adam, Frane

doi:10.1080/09654311003701431

Cited by 226 publications

(166 citation statements)

References 44 publications

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“…These variables are: research and development, human capital, entrepreneurship and social capital. In this sense, Westlund, 2006, has launched the hypothesis that stable conditions -of which trust can be regarded as a measure-were of greatest importance for economic growth during the late manufacturing-industrial economy, while the current knowledge economy has a greater need for qualities like entrepreneurship, creativity and tolerance.…”

Section: Empirical Approachmentioning

confidence: 99%

Entrepreneurship and Economic Growth: Macroeconomic Analysis and Effects of Social Capital in the EU

Portela¹,

Rozas²,

Neira³

et al. 2012

Entrepreneurship - Born, Made and Educated

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Section: Empirical Approachmentioning

confidence: 99%

Entrepreneurship and Economic Growth: Macroeconomic Analysis and Effects of Social Capital in the EU

Portela¹,

Rozas²,

Neira³

et al. 2012

Entrepreneurship - Born, Made and Educated

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“…Firstly, each firm in the region can enjoy the stability of local networks (Staber, 2011;Westlund & Adam, 2010), which can be formal or informal. Considering the formal networks, according to Coleman (1988)'s dense network theory, cluster firms might start by building dense networks within the cluster and then expand their relations with "peripheral" firms located in the same region.…”

Section: Relations Among Regionally Homogenous Clusters In the Same Rmentioning

confidence: 99%

Relations among Clusters in Six Chinese City Regions

Zhang

Reve

2013

European Planning Studies

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Despite the considerable number of papers that have discussed industrial clusters, it is surprising that little research evidence on relations among clusters. This paper collects longitudinal data on three low-tech and two high-tech industrial clusters in six cities in the dynamic Pearl River Delta of the People's Republic of China. The findings provide empirical support to both the MAR model, which argues for the importance of homogenous (specialized) clusters and the Jacobs model, which argues for the importance of heterogeneous (diversified) clusters. Both homogenous and heterogeneous clusters in the same region influence one another's cluster size and economic output.

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“…SC and its effects have been studied at various levels of analysis (Westlund & Adam, 2010), that is, at the individual (Burt, 1997), organizational (Maurer & Ebers, 2006), community (Putnam, 1993), regional (Tura & Harmaakorpi, 2005), and national (Baliamoune-Lutz, 2005) levels. However, to the best of the authors' knowledge, no study has so far analyzed SC at the BID level.…”

Section: Social Capital Bids and Community Economic Developmentmentioning

confidence: 99%

Resource orchestration as a source of competitive advantage for cities

Berseck

Knyphausen‐Aufseß

2018

Managementforschung

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-DeutschInmitten des aktuellen Urbanisierungstrends bietet diese Dissertation eine Antwort auf den Mere resources are frequently insufficient to generate competitiveness in our increasingly demanding world; urban administrators, policymakers and other practitioners concerned with the management of their place need capabilities to use resources efficiently while adapting to their changing environments. Therefore, I argue for the value of extending the resource-based theory -especially, its dynamic refinement, the theory of resource orchestration -to answer the question how places can achieve a sustainable competitive advantage. I develop a fourstep process framework of strategically managing resources and developing capabilities that includes (a) structuring their resource portfolio, (b) bundling resources to capabilities, (c) leveraging capability configurations and (d) continuously synchronizing each activity.I try to give this model its specific urban shape by zooming into the city and empirically applying it to the internationally growing urban governance tool of Business Improvement Districts (BIDs). The first empirical study emphasizes one particularly important, placespecific resource, namely social capital, and examines the unique relationships between social capital and resource bundling based on archival, interview and direct observation data of 12BIDs in New York City. The findings suggest that each component of the resource bundling process mediates between social capital and the BID's capability to function as community development entity. Contents IVThe second empirical study focusses on capability leveraging and elaborates this resource orchestration step in the context of 15 BID-government relationships in the City of Hamburg.This chapter advances qualitative research to disentangle the actual processes of strategy development, coordination and implementation between public and private actors. It identifies different leveraging approaches and collaborative outcomes depending on the social capital configurations of the BID-government relationships. By focusing on the partnerships' networks of relationships, inherent interests and capabilities that enable (or inhibit) public and private actors to work together, the study makes an important contribution to the literature, theorizing the entire process of how public-private collaborations are strategically managed.Combined, this dissertation informs theory and practice on the strategic management of cities and BIDs. The focus shifts from viewing them as black box, through which certain inputs flow to become outputs, towards the development of capabilities for policymakers, administrators and practitioners that allow them to utilize resources efficiently and establish structures to work collaboratively. Hereby, I show and explain how places can affect their development trajectories through conscious managerial actions taken to increase their performance.

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Social Capital and Economic Performance: A Meta-analysis of 65 Studies

Cited by 226 publications

References 44 publications

Entrepreneurship and Economic Growth: Macroeconomic Analysis and Effects of Social Capital in the EU

Entrepreneurship and Economic Growth: Macroeconomic Analysis and Effects of Social Capital in the EU

Relations among Clusters in Six Chinese City Regions

Resource orchestration as a source of competitive advantage for cities

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