scholarly journals Proportions of social capital allocation in the society as a key to defining the vector of its effect on social welfare

2013 ◽  
Vol 2013 (2) ◽  
pp. 153-162
Author(s):  
Ganna Gerasymenko

The article investigates different approaches to social capital defining as well as to the role of social capital in the economy. The author has found out that social capital can bring forth the range of positive social and economic effects,stimulating the economic development of the country. It also can bring force some negative effects, keeping a check on economic development and proliferating social disproportions. It has been elicited that the way of social capital impact on social welfare is a function of the equitability of its allocation in the society.

2014 ◽  
Vol 21 (4) ◽  
pp. 453-475 ◽  
Author(s):  
Sepehr Ghazinoory ◽  
Ali Bitaab ◽  
Ardeshir Lohrasbi

Purpose – In the last two decades, researchers have paid much attention to the role of cultural values on economic and social development. In particular, the crucial role of different aspects of culture on the development of innovation has been stressed in the literature. Consequently, it is vital to understand how social capital, as a core cultural value, affects the innovation process and the innovative performance at the national level. However, to date, the impact of different dimensions of social capital and innovation has not been properly portrayed or explained. Thus, the purpose of this paper is to investigate the influence of four different dimensions of social capital (institutional and interpersonal, associational life and norms) on two of the main functions of national innovation system (NIS) (entrepreneurship and knowledge creation) based on over 50,000 observations in 34 countries. Design/methodology/approach – In this regard, national-level data from the World Values Survey database was employed to quantify social capital. Entrepreneurship is, in turn, assumed to consist of three sub-indexes and 14 indicators based on the Global Entrepreneurship Index. Knowledge creation is also measured through US Patent Office applications. Also, exploratory factor analysis and structural equation modeling approach were used to build the measurement model and investigate the impact that each factor of social capital had on entrepreneurship and knowledge application, respectively. Measurement and structural models were built and their reliability and validity were tested using various fit indices. Research findings suggest the strong positive effect of institutional trust and networking on entrepreneurship. Also, interpersonal trust and networks were shown to have high influence on knowledge development at the national level. Norms appear to have naïve to medium negative effects on both functions. Findings – Research findings suggest the strong positive effect of institutional trust and networking on entrepreneurship. Also, interpersonal trust and networks were shown to have high influence on knowledge development at the national level. Norms appear to have naïve to medium negative effects on both functions. Originality/value – However, to date, the impact of different dimensions of social capital and innovation has not been properly portrayed or explained.


Author(s):  
E. A. Brendeleva

The article talks about the key national indicators characterizing economic development, as well as the problems associated with the aims set in the framework of these indicators. The paper also looks at the possible changes in the existing system to asses the state of national economies and social welfare, as well as in the way institutional characteristics of a particular country are considered in this system, with the final aim of deciding on the states’ long term development strategy.


InterConf ◽  
2021 ◽  
pp. 54-59
Author(s):  
Bohdana Hunko

The paper analyzes the role of Industry 4.0 in the process of overcoming the global economy from the crisis situation associated with the total Covid-19 pandemic. The aspect of economic profitability of using the technologies of the fourth industrial revolution to improve world economic development in the context of the Covid-19 pandemic was also identified. The author identified the positive and negative consequences of the involvement of technology Industry 4.0, on the basis of which a number of recommendations for small and medium-sized businesses were formed in order to quickly overcome the negative effects of the crisis. Based on the work, the author formulated a number of trends and prospects for global economic development, taking into account the current conditions of the Covid-19 pandemic.


Author(s):  
Raul Caruso

- The aim of this essay is the ‘triangular theory of social interactions as expounded by Kenneth Boulding. Rediscovering the theoretical reflections of Kenneth Boulding about social interactions is even more important nowadays when economists are emphasizing the role of both formal and informal institutions in economic development and growth. In fact, he pioneered the study of elements which are commonly considered in the economic theories of institutions, social capital, reciprocity and relational goods.


Author(s):  
Ben Kei Daniel

Regardless of any approach taken for examining social capital, researchers continuously converge on some key issues such as trust and yet diverge on several others about concrete and consistent indicators for measuring social capital. Many researchers believe that presence or absences of social capital can be solely linked to trusting relationships people build with each other as well as social institutions of civil engagement. It is not clearly known however, whether trust itself is a precondition for generating social capital or whether there are other intermediary variables that can influence the role of trust in creating social capital. In addition, similar to social capital, the definition of trust is problematic and it remains a nebulous concept and equally, with many dimensions. Interests in the analysis of trust are wide spread among many disciplines, notably policy analysis, economic development, reliability and security of distributed computational systems and many others. The variety of approaches currently employed to investigate trust and different interpretations of its role in fostering social capital has resulted into a diverse array of knowledge about the concept and its relationship to social capital. This Chapter provides a broader overview of work on trust. It discusses how researchers have used trust as a proxy for measuring social capital.


2014 ◽  
Vol 28 (3) ◽  
pp. 230-243 ◽  
Author(s):  
Youngmin Oh ◽  
In Won Lee ◽  
Carrie Blanchard Bush

2017 ◽  
Vol 26 (1) ◽  
pp. 79-93 ◽  
Author(s):  
Hiromi Nakazato ◽  
Seunghoo Lim

Purpose Community currency (CC) is used as a tool for reviving local communities by promoting economic growth and facilitating the formation of social capital. Although the Japanese CC movement has stagnated since mid-2005, a new experiment, Fukkou Ouen Chiiki Tsuka (CC for supporting disaster recovery), was introduced across disaster-damaged areas after the Great East Japan Earthquake and tsunami of March 2011. Previous studies assessing the role of CC in these earthquake-damaged areas are rare; the purpose of this paper is to examine the micro processes of community rebuilding that underlie the transactional networks mediated by one of the experiments, Domo, in Kamaishi. Design/methodology/approach Using transactional records capturing residents’ CC activities during the five-month pilot period before actual implementation of Domo simultaneous investigation for empirical network analysis techniques identify the network configuration dynamics representing the multiple observed forms of social capital in this disaster-affected local community. Findings This study of the five-month pilot for the Domo system revealed: intensive dependence on the coordinating role of core members (i.e. the creation of weak ties), a lack of balanced support among members and the resulting uni-directional transactions (i.e. the avoidance of generalized exchanges), and the reinforcement of previous transactional ties via reciprocation or transitive triads (i.e. the formation of strong ties). Originality/value This study provides guidance for practitioners, researchers, and policy makers on how community residents’ engagement in CC activities could function as a potential tool for generating positive socio-economic effects for local communities in disaster areas.


2012 ◽  
Vol 1 (1) ◽  
pp. 77
Author(s):  
Neng Kamarni

The purpose of research include studying the characteristics of social capital in the communities especially poor fishermen fishing in the coastal areas, Kabupaten Pesisir Selatan, studying characteristic of social networks and institutional owned by poor households, which is the primary vehicle for empowerment, and to analyze the contribution and role of social capital to welfare of fishermen households in Kecamatan Koto IV Tarusan Kabupaten Pesisir Selatan, and to formulate and create a model for institutional development for the empowerment of poor fishermen.The regression results obtained influence SC (social capital) on the level of social welfare is positive, the higher the social capital of the area, the higher the welfare seaboard district. Kec. Koto XI Tarusan. So also with the HC (human capital) suggests that increased education will improve the welfare of the community. Effect of land will provide opportunities to increase the welfare of society. Variable Z (number of household members) suggests that the increase in the number of family members will reduce the level of social welfare.


Author(s):  
Gürsel Özkan

An economic system within competition is secured has fatal role for countries. Because, government has many important duties two of which are providing economic and social welfare. Protection of competition paves the way for using resources efficiently, producing cheap and quality commodities and services, providing of innovation in technology. Competition which is the basis of market economy provides suppliers and demanders come together freely in market conditions. In this way, competition means that distributing limited sources of society effectively and using these sources efficiently, providing quality and affordable commodities and services to consumers. Especially, providing global, local or national market economies processing compatible with competition law is possible by determining, accepting and implementing the universal rules which are related to competition law. It is certain that the agreements, verdicts and applications which are blocking or impairing competition in market of commodity and service should be prohibited. Also, the institutions which abuse their sovereignty of market should be prevented from doing this. Judicial control path is available for providing the implementation of rules related to competition law in other word providing sanction of preventions.


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