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The notion of "social capital" was first introduced by the sociologist James Coleman in 1988. He defined it as "the ability of people to work togather for common purposes in groups and organizations". It is argued that a group with members that trust each other can accomplish more economic groth...
Persistent link: https://www.econbiz.de/10005641331
The contribution is to analyze why harmful lobbyism against the transition to market economy takes place and to recommand how this important barrier to economic growth can be eliminated.
Persistent link: https://www.econbiz.de/10005671689
What are the roots of social capital and how can it be measured and built? Social capital is considered as a new production factor which must be added to the conventional concepts of human and physical capital. Social capital is productive because it increases the level of trust in a society and...
Persistent link: https://www.econbiz.de/10005780992