This working paper analyzes the role played by two dimensions of entrepreneurs’ private social capital in the performance of an entrepreneurial venture: local size and degree of preferential linking. To fulfill this objective, we build a bi-dimensional measure of social capital based on...

This working paper presents a new database covering an extensive set of countries from all over the world, compiled by the BBVA Foundation and the Instituto Valenciano de Investigaciones Económicas (Ivie) using the methodology developed in Pérez García et al. (2005). It also updates the...

This working paper updates the social capital database relative to Spain, its regions and provinces elaborated jointly by the BBVA Foundation and the Instituto Valenciano de Investigaciones Económicas (Ivie). It follows the methodology developed by Pérez García et al. (2005) and updates the...

This paper develops a measure of social capital based on economic relationships and analyzes its effects on growth. Investment in social capital is modeled by using the conceptual framework for measuring physical capital services. The measure of social capital depends on expectations of income,...

Social capital increases efficiency by reducing transaction costs, creating new forms of information exchange and by inducing change in individual attitudes. How Royal Society of London, the Media and the Private Prosecution Societies functioned in the 17th and 18th century Britain display...

This research investigates the role of social capital and government intervention in explaining the differences of innovation output and economic growth for regions of the European Union from 1990-2002. Using several measures of social capital and innovation, and the European Union’s Objective...

This paper investigates the interplay between social capital, innovation and economic growth in the European Union. We identify innovation as an important mechanism that transforms social capital into economic growth. In an empirical investigation of 102 European regions in the period 1990-2002,...