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Innovation and social capital: a cross-country investigation

Doh, Soogwan and Acs, Zoltan J. (2010) Innovation and social capital: a cross-country investigation. Industry and Innovation, 17 (3). pp. 241-262. ISSN 1366-2716

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Identification Number: 10.1080/13662711003790569

Abstract

This study explores the impact of social capital on innovation by constructing a more general measure of social capital, which consists of generalized and institutional trust, associational activities and civic norms. We test the hypothesis that social capital has a positive impact on innovation at the national level. After controlling for research and development expenditure and human capital, we find that there is a positive relationship between social capital and innovation. Social capital interacts with entrepreneurship; the strongest relationship is between associated activities and entrepreneurship. This study supports the need to build strong social relationships in today's networked economy.

Item Type: Article
Official URL: http://www.tandfonline.com/toc/ciai20/current#.U0Z...
Additional Information: © 2010 The Authors
Divisions: Management
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HJ Public Finance
H Social Sciences > HM Sociology
Sets: Departments > Management
Date Deposited: 10 Apr 2014 11:14
Last Modified: 20 Nov 2019 10:14
URI: http://eprints.lse.ac.uk/id/eprint/56468

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