Social capital is defined as the shared knowledge, trust, and culture, embodied in the structural forms of networks and other stable inter-agent relationships. Social capital has been shown to be more difficult to build than economic capital, and to have greater beneficial effects for community...

The change of the political regime from the socialist central planning system to a market economy and pluralistic society required the reorganisation not only of agricultural production, but also of the organisations in their support. In the Czech Republic, agricultural production is...

Social capital has been recently held up as a conceptual framework to build a bridge between the diverse disciplines involved in rural development. However, despite its potential and the impressively rapid take-up of the concept by the community of development professionals, it remains an...

We study how the diffusion of broadband Internet affects social capital using two data sets from the UK. Our empirical strategy exploits the fact that broadband access has long depended on customers position in the voice telecommunication infrastructure that was designed in the 1930s. The actual...

We analyze the long-term impact of the resettlement of the Sudetenland after World War~II on residential migration. This event involved expulsion of ethnic Germans and almost complete depopulation of an area of a country and its rapid resettlement by 2 million Czech inhabitants. Results based on...

Theoretical models of social capital (David, Janiak, and Wasmer 2010; Bräuninger and Tolciu 2011) predict that communities may find themselves in one of two equilibria: one with a high level of local social capital and low migration or one with a low level of local social capital and high...

We exploit a historical experiment that occurred in Czechoslovakia after World War Two to study the drivers of social capital accumulation in an extremely unfavorable environment. Between 1945 and 1948, the Sudetenland became the scene of ethnic cleansing, with the expulsion of nearly three...

The literature on enterprises in Sub-Saharan Africa provides evidence that there are significant differences between companies run by members of the majority population and those run by members of minorities. Differences are frequently related to size, age, and certain success indicators....

Small-Medium Sized Companies(SMEs) are very important in the perspectives of employment, innovation, production and as well as exportation. But as opposed to their importance, they have faced a big problem to finance investments known as financing capabilities. Since it is not easy for them to...