CONTRIBUTION OF EDUCATION TO SOCIAL CAPITAL DEVELOPMENT

2018 ◽  
Vol 28 (1) ◽  
pp. 25-30
Author(s):  
Vojislav Ilić ◽  
Igor Novaković ◽  
Slobodan Cvetanović
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Social Engagement ◽  
Processing System ◽  
Physical Capital ◽  
Well Being ◽  
Individual Characteristics ◽  
Social Progress ◽  
The Individual ◽  
Human And Social Capital

During the last decade of the last century, the concept of capital in scientific literature has been significantly expanded. Namely, for decades, the belief that the category of capital includes only visible resources has been modified in terms of extending its comprehensiveness to intangible resources, such as human and social capital. Human capital encompasses knowledge, skills, competencies and characteristics embodied in the individual, which enable the creation of personal, social and economic well-being, while social capital represents the capital of cooperation, interaction, mutual trust and help. When it comes to education, the ability to acquire the necessary knowledge, skills and competences is crucial for the economic and social progress of individual countries. Unlike physical capital that is completely tangible, human and social capital are intangible. Recent approaches, as components of human capital, in addition to education and the level of health status of the population, outline the characteristics of people and societies that have an impact on the effects of work, including factors of ability, motivation and culture, etc. Some experts extend the content of human capital to individual characteristics of people such as creativity, innovation, motivation, attitudes (about life, business, etc.), diligence, responsibility, perseverance, self-initiative, communication success, problem solving, critical thinking, self-study, flexibility and adaptability. The paper considers the contribution of education as one of the basic and absolutely indisputable component of human capital to the development of social capital. It has come to the conclusion that countries with high education of the population tend to become richer and to invest more and more resources in the development of their own processing system. Therefore, in current business conditions in the process of creating human capital, the importance of activities focused on lifelong education and professional development is especially important. Both types of capital are developing in close interdependence. The increase in human capital corresponds significantly to the development of social capital. On the contrary, social capital represents an essential premise of increasing the efficiency of human capital. Moreover, there is not a small number of authors who regard certain attributes of social capital as human capital components. Considering the contribution of education as a component of human capital to the development of social capital, it can be concluded that education does so because it helps young people to recognize their duties as members of society, promote civil and social engagement of people and influence human behavior. Citizens with higher education have a high degree of civic and social engagement. The educated people are much more involved in their communities and take practical steps to improve the welfare of communities in which they live contributing, among other things, to the development of social capital.

scholarly journals Human and Social Capital Complementarities in the Presence of Credit Market Imperfections

2018 ◽  
Vol 23 (2) ◽  
pp. 109-150
Author(s):  
Natasha Moeen
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Negative Relationship ◽  
Credit Market ◽  
Individual Level ◽  
Long Run ◽  
Short Run ◽  
The Interest Rate ◽  
The Individual ◽  
Human And Social Capital

This paper models the individual-level social capital effect the credit market constraints that reduce the accumulation of costly human capital. Human capital, in turn, improves an individual’s income as well as the bequest that they intend to leave for their children. It also helps reduce inequality across a country. Finally, the model shows that investment in social capital has a negative relationship with the interest rate, so that the initial inherited bequest of every individual affects the output and investment in the short-run, as well as in the long-run.

scholarly journals Income Inequality, Neighbourhood Social Capital and Subjective Well-Being in China: Exploration of a Moderating Effect

2021 ◽  
Vol 18 (13) ◽  
pp. 6799
Author(s):  
Jiawen Huang ◽  
Yitong Fang
Keyword(s):  
Social Capital ◽  
Income Inequality ◽  
Well Being ◽  
Individual Characteristics ◽  
Moderating Effect ◽  
Dark Side ◽  
Subjective Well Being ◽  
Individual Level ◽  
Neighbourhood Social Capital ◽  
The Individual

With the continuous global rise in inequality and the growing importance of subjective welfare, the relationship between income inequality and subjective well-being has received increasing attention. This paper focuses on neighbourhood social capital, measured at the individual and community levels, to explore its moderating effect on the association between income inequality and subjective well-being in the context of China, an issue few studies have examined. Using data from the China Labour-force Dynamics Survey and multilevel models, the results show that income inequality measured using three different indicators had a stable and negative association with subjective well-being in China, after controlling for various individual characteristics and aggregate-level factors. Although neighbourhood social capital at the individual level has been proven to promote subjective well-being, a dark side of social capital is also found at the community level. More notably, neighbourhood social capital at the individual level can attenuate the negative impact of income inequality on subjective well-being, especially for vulnerable groups, such as those with low income or low education. How to reasonably guide the community to develop social capital is an important policy implication to attenuate the negative psychological experience of income inequality.

scholarly journals The Role of Universities in Sustainable Economic Development In Pivotal

2018 ◽  
Vol 2 (2) ◽  
pp. 37-54
Author(s):  
Zoha Adel Mahmoud
Keyword(s):  
Higher Education ◽  
Labor Market ◽  
Scientific Research ◽  
Well Being ◽  
The State ◽  
Social Progress ◽  
The Individual ◽  
The University ◽  
Second World

institution is one of the highest institutions that have the task of providing the development needs of the community of specialists in various fields, in addition to being the centers of scientific research and applied to ensure economic and social progress It enriches decision makers with expertise and skills and thus controls political performance. In any society, the university can not play its full role in social change without interaction between the individual on the one hand and the social environment on the other, Social and interdependent Ah syndrome change, they strengthen the skills, and enrich the spirit of innovation of the individual, and raise the level of social progress. It helps to improve the conditions of the poor segments of the population and facilitates the employment opportunities of the individuals imposed by the society as they meet the needs of the individual and society of different professions, thus providing an opportunity for production and thus have a positive impact on the standard of living to achieve the well-being of the individual and the citizen. The interest reflected on the progress, such as Germany, which was interested in it became one of the main reasons that led to the rise of Germany from the ruins of the Second World War as well as the State of Malaysia, which moved from developing countries to the second world countries by changing the plan Colleges and institutes of universities. In 2020, Malaysia will be among the developed countries. In these countries, higher education, vocational training and training are viewed as a basis for life supplementation and are seen as a major means of improving and upgrading society. If we are to explore the dimensions of education in the 21st century, one of the pillars of education is learning for action, Usually involves the acquisition of skills and the linking of knowledge to practice as an essential part of the training and rehabilitation of the individual for practical life. Hence, such new trends in linking educational preparation to work have been imposed by the labor market and the working life in its new forms. Production and service facilities, The advanced, assumed graduates who can be employed and absorbed can contribute to the development of competitiveness, to provide innovations and creations to achieve the competitive advantage of the enterprise, and to improve production and productivity based primarily on the acquisition and application of knowledge. Gamerdinger reveals that the new technology does not accelerate the possibilities for sound economic policies and increasing global trade, and this requires strategies to develop work related to the development of human performance, and in order to face the state of chronic unemployment globally, education policies are headed towards the so-called reverse conversion as many graduates of specializations Literaries choose vocational and technical education in technical and community colleges. Unemployment in the Arab world carries certain characteristics that must be taken into account when developing the solutions available to them. The most important of these characteristics are: Unemployment is a youth phenomenon. Weak professional experience available to the unemployed. Lack of targeted planning for the labor market. The large gap between the outputs of higher education for youth and the requirements of the labor market. The most important recommendations aimed at enhancing the role of universities in Iraq are: 1 - the operation of labor graduates of technical and technical institutes in the industrial field in order to promote them and eliminate unemployment and increase the hard currency as an important category of Iraqi society, which contributes actively to the renaissance of the country. Linking the Ministry of Industry and Commerce with the Ministry of Higher Education and Scientific Research to be managed by the Minister of Education alone. The Ministry is keen on the funds of the Iraqi people and contributes to the development of the industrial and commercial sectors with the help of professors and university students. 3 - the need to match the needs of the market and education outputs to reduce unemployment, in addition to the vocational education has become an urgent need at this stage to keep pace with the needs of life in society away from the negative view of this education. 4 - Increasing the number of technical workshops and providing them with the means of material in order to provide the university student maximum desired learning. Enhancing the role of higher education in building a broader partnership and cooperation with various other community institutions (public, private and private sector). 6 - Re-admission plan in universities by making the number of admissions in scientific colleges more than the number of admissions in the humanitarian colleges. 7 - Attracting foreign investment companies to invest natural resources in Iraq such as phosphate, natural gas, oil, oil shale, uranium, silica and geothermal energy for the recovery of the economy and the trend towards domestic consumption.

Growth strategy with social capital, human capital and physical capital-Theory and evidence: The case of Vietnam

2018 ◽  
Vol 20 (5) ◽  
pp. 768-787 ◽  
Author(s):  
Cuong Le Van ◽  
Anh Ngoc Nguyen ◽  
Ngoc-Minh Nguyen ◽  
Michel Simioni
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Physical Capital ◽  
Growth Strategy ◽  
Capital Theory

scholarly journals Resilience and disaster research

2019 ◽  
Vol 28 (3) ◽  
pp. 529-547
Author(s):  
Helena Bakić
Keyword(s):  
Disaster Preparedness ◽  
Historical Context ◽  
Well Being ◽  
Risk Groups ◽  
Mental Health Disorder ◽  
Individual Characteristics ◽  
Future Research ◽  
Psychological Well Being ◽  
The Individual

Disasters pose a significant threat to the long-term well-being of individuals, communities and societies. Therefore, studying resilience, defined as the process of maintaining and recovering psychological well-being after adversity, is crucial for disaster preparedness and mitigation. The aims of this paper are to summarize the historical context of resilience research, present the key concepts, discuss current measurement approaches and propose future research directions. Key determinants of resilience - risk, positive adaptation and resources - are discussed with the focus on studies of adults affected by disasters. This narrative review demonstrates that research up to date has focused mostly on finding the individual characteristics that predict the absence of psychopathology or mental health disorder symptoms, while other types of resources or dynamic relations between key aspects of resilience have been neglected. Future studies should aim to include multiple measurement points, high- and low-risk groups, long-term follow-up and broader perspectives on both psychological well-being and potential resources.

Towards a more integrated view of entrepreneurial careers

2015 ◽  
Vol 21 (6) ◽  
pp. 756-777 ◽  
Author(s):  
Jelena Zikic ◽  
Souha Ezzedeen
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Career Counseling ◽  
High Tech ◽  
Theory Approach ◽  
Structured Interviews ◽  
Content Type ◽  
Career Capital ◽  
Human And Social Capital ◽  
Entrepreneurial Careers

Purpose – The purpose of this paper is to employ intelligent career theory to simultaneously explore the relationships between three types of entrepreneurial career capital (i.e. motivations, human, and social capital). It illustrates the interconnectedness of these three forms of capital as an important way to study entrepreneurial careers and provide a new lens for understanding both personal and venture success. Design/methodology/approach – This qualitative study of 22 in depth semi-structured interviews explores career stories of entrepreneurs in the high tech industry. The interviews focus on examining three aspects of their career, motivations to become an entrepreneur, ways of learning and developing their human and social capital. Interviews were transcribed and coded using grounded theory approach. Findings – The findings describe how entrepreneurial careers as simultaneously shaped by three types of career capital: motivations (knowing-why), knowledge (knowing-how), and relationships (knowing-whom). It also illustrates the accumulation of career capital as a continuous cycle of interrelationships between these three types of capital. Research limitations/implications – In sum, the findings add to the knowledge on entrepreneurial careers and the role that the three types of capital play in venture formation and success. It also points to the importance of a more integrated view of these careers, embedded in a web of motivational, social, and human capital. Practical implications – The study’s findings suggest that entrepreneurs should paid equal attention and nurture each form of career capital throughout their careers. It also has implications for entrepreneurship programs as well career advisers to. Originality/value – Prior entrepreneurship research has examined aspects of entrepreneur’s career capital (e.g. intentions, social, and human capital) typically in isolation from one another and little is known about their reinforcing relationships in entrepreneurial careers. This study provides novel insights for understanding the three types of career capital and the importance of this more integrated view in entrepreneurship education and career counseling.

scholarly journals Testing Integration Hypotheses in Dagestan: The Meditative Role of Individual Social Capital

2017 ◽  
Vol 13 (4) ◽  
pp. 28-39 ◽  
Author(s):  
A.N. Tatarko
Keyword(s):  
Social Capital ◽  
Ethnic Groups ◽  
Well Being ◽  
Equation Modeling ◽  
Subjective Well Being ◽  
Acculturation Strategies ◽  
Integration Strategy ◽  
Individual Social Capital ◽  
The Individual

The results of meditational analysis role of outgroup social capital when testing the integration hypothesis are presented. We considered how acculturation strategies, individual social capital and subjective well-being of persons living in a multicultural environment are related. The sample included representatives of three ethnic groups, living in the Republic of Dagestan: Avars (N=105), Dargins (N=121), and Russians (N=100). We used a modified method of "resource generator" to study the individual social capital. Also we used a Russian version of Berry's method of assessing acculturation strategies and subjective well-being. The obtained empirical data were analyzed using structural equation modeling. We hypothesized that the choice of integration strategy does not only promote harmonious intergroup relationships, but also has positive effects on well-being on the individual level. Those who choose the integration strategy end up with stronger social capital that works as a protective factor against various negative life events, promoting the overall well-being. However, our hypothesis was supported with Russians only, with Avars and Dargins it was supported with some restrictions. The results of this study shed light onto the socio-psychological mechanisms of integration of ethnic groups in a multicultural region, where integration is closely linked with mutual help and support across the ethnic boundaries.

scholarly journals Determinan Kinerja Usaha Mikro (Studi Pada Usaha Mikro Di Kecamatan Wenang, Manado)

2020 ◽  
Vol 12 (1) ◽  
pp. 09-26
Author(s):  
Paskanova Christi Gainau
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Competitive Advantage ◽  
Urban Areas ◽  
Business Performance ◽  
Physical Capital ◽  
Simple Random Sampling ◽  
City Government ◽  
Result Show ◽  
The Government

Nowadays, regarding increasing number of micro-business in urban areas,  achieving competitive advantage is considered as one of the business concerns. Obtaining competitive advantage entails specific requirements that social capital, physical capital, and human capital - is regarded as one of the most important factors. This study aims to examine the effect of capital to the performance of microbusinesses. The sample of this study was 31 micro-businesses in Wenang subdistrict, Manado, who were selected by simple random sampling.  After distributing the questionnaires, the data analysis was done by SmartPLS 3.0 M3. The result show that social capital and physical capital had no significant effect on the performance of micro-business, while human capital had a positive, and significant effect on the business performance. The implication is the Manado City government has to make the labor of micro-business as the target of empowerment activities that are organized by the government, private sector, bank, NGOs, domestic or foreign. In the long term, it can drive the micro-industry to the small and medium industries.  

scholarly journals Scientific and educational vector of the social and human capital network component formation

2021 ◽  
Vol 311 ◽  
pp. 08012
Author(s):  
Olga Yarmak ◽  
Ekaterina Strashko ◽  
Mariya Bolshakova ◽  
Pavel Deryugin ◽  
Veronika Yarmak
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Business Community ◽  
Human Potential ◽  
Russian Regions ◽  
Network Connections ◽  
The Social ◽  
World Class ◽  
Human And Social Capital ◽  
Network Component

The authors raise the problem of the scientific and educational vector of the formation of the network component of social and human capital in Russian regions. The development of the network component is becoming one of the policy directions for the formation of the region’s human capital through the creation of certain network centres. The emerging network connections of world-class scientific and educational centres in Russian regions are analyzed, which create conditions for transforming the existing human potential of the territory into the human and social capital of the country. Based on the definition of social capital by P. Bourdieu and M. Paldam as a group resource for obtaining social connections, the authors analyze the process of forming network connections between the educational, scientific environment of the region, its business community and government bodies at the sites of world-class scientific and educational centres operating in Russia, which is the basis for the formation of the social capital of the territory. The conclusions of the study are to determine the structure of ties in the scientific and educational vector of social and human capital through the functioning of network RECs, which become interregional coordination structures for the scientific and educational space of the country.

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