scholarly journals The Role of Social Capital and Social Innovation in Economic Growth

2021 ◽  
Vol 8 (2) ◽  
pp. 231-250
Author(s):  
Isaac Akpemah Bathuure
Author(s):  
Domingos Santos ◽  
Nuno Caseiro

This chapter explores the relation between the concepts of entrepreneurial universities (EU) within the framework of Smart Specialization Strategies (S3). The latter is arising as a new competitive paradigm and universities can be of great importance for its successful implementation because of their contribution both as a partner institution, policy actor and producer of knowledge and social capital that can affect the potential for economic growth and development of regions. The links and contributions of both dimensions are presented and explored. As a final point, the concept of entrepreneurial ecosystem is presented as a consequence and future development of the dynamics resulting S3 and entrepreneurial universities interactions.


Author(s):  
Meera Bhat ◽  
Swapnil Barai

This chapter on “Socioeconomic Development in India: Lessons from the Third Sector” is a broad overview of India’s economic growth and human development since independence in 1947. It traces the evolving role of government, market, and civil society in navigating the global political economy and the creative tension in which they have coexisted. The chapter dives deeply into the civil society sector which once inspired the founding of Ashoka and is now referred to as a hotbed of social enterprises. The sector which once had firm foundations in pluralist social movements and a focus on social innovation now struggles to distinguish social business from social entrepreneurship. The current ecosystem, while extensive, lacks focus, disregards questions of power, and lacks accountability mechanisms. The goals of improving lives and affecting social change would be better served by focusing on social innovation, treating people as stakeholders rather than clients, and protecting and promoting citizen participation in a democratic economy, society, and polity.


2020 ◽  
Vol 1 (2) ◽  
pp. 117-126
Author(s):  
Veritia ◽  
Chandra Fitra Arifianto

Cooperatives are a form of social entrepreneurship. In addition to financial capital and human capital, social capital is an important factor for the sustainability of an organization. This case study aims to analyze the bonding social capital's role in cooperative development based on volunteers in KHJL, South Konawe, Indonesia. A qualitative approach was used in this study with the case study as a strategy for this research. The method of data collection is done by observing, interviewing, and studying documents. Interviews use semi-structured and in-depth. By using purposive sampling, there were eight persons to be interviewed. For the data validity and reliability to be optimal, the authors use triangulation in terms of primary and secondary data collection. Data analysis is done together, from the reduction to the presentation of the data, then there are conclusions and verification to create conclusions. It was found that the role of social capital especially trust plays an important role as bonding between members. For stakeholders, their role is continuously anticipated for the progress and development of cooperatives. Although currently, the cooperative's financial situation is not good, where timber customers have fallen dramatically and social innovation has not well worked yet. Trust in social capital is the main bonding for volunteers at KHJL, that's why KHJL is still surviving until now.


2011 ◽  
Vol 9 (2) ◽  
pp. 248-259 ◽  
Author(s):  
Viktor Ostroga ◽  
Olga Zhukovskaya

In the article social capital as the factor of social and economic exchange optimization (transactional costs decrease), configuration of the market and system of economic interests of the Republic of Belarus in the context of the history of this social and economic phenomenon research, the place and role of state regula­tion in economic processes and modern understanding of the market in correla­tion with economic growth and national safety is considered. Also the influence of social capital on the market system of Belarus and mechanisms of this social and economic phenomenon usage with the view of market functioning perfection is analyzed under the conditions of national and global imperatives.


Author(s):  
Jaime Oliver Huidobro ◽  
Alberto Antonioni ◽  
Francesca Lipari ◽  
Ignacio Tamarit

Author(s):  
Jeremy Millard

This chapter provides strong empirical evidence, both quantitative and qualitative, concerning the use, relevance and impact of digital technology on social innovations for social services, and develops some underpinning conceptual frameworks for understanding this impact. It draws on a wide range of literature plus an examination of 30 successful in-depth case studies in which ICT is a major feature. The chapter analyses the role of ICT in social service value chains, in communities and social capital formation, the network effects, as well as the governance, operational and strategic considerations, drivers, barriers, and policy implications.


2020 ◽  
Vol 21 (2) ◽  
pp. 837-856
Author(s):  
Syahrin Suhaimee ◽  
Mohd Azlan Shah Zaidi ◽  
Mohd Adib Ismail ◽  
Noorasiah Sulaiman

This study examines the role of social capital in improving the B40 household income, where social innovation and social entrepreneurship act as mediators. Past studies provided a limited explanation of the role of social innovation and social entrepreneurship in describing the relationship between social capital and income. The study involved 304 respondents selected through purposive sampling. Using a Partial Least Square Structural Equation Model, the findings showed that social capital factors in all dimensions influence social innovation and social entrepreneurship. Social networks and social responsibility are essential social capitals for increasing social innovation and social entrepreneurship. The findings imply that social entrepreneurship should be empowered to effectively strengthen its role in boosting the B40 household income. Social capital development with an emphasis on social innovation and social entrepreneurship is expected to create an innovative society that can reduce income inequality and enhance well-being of the B40 households.


2010 ◽  
pp. 112-122 ◽  
Author(s):  
T. Natkhov

Studies show that education has a positive impact on economic growth not only directly (through the development of new knowledge and improved technology), but also indirectly, by creating a favorable social environment. The educational level of the individual is significant for almost all types of social interactions. There are two hypotheses that explain this dependence. First, education reduces the level of violence in society: weapons in resolving conflicts are replaced with courts and legislative bodies, which contributes to better protection of property rights and hence economic growth. Second, education has significant positive externalities: joint training is an important part of socialization and formation of shared mental models. While not mutually exclusive, these hypotheses point to the crucial role of education in the accumulation of social capital.


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