Innovation and Social Capital: A Cross-Country Investigation
AbstractThis 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.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Industry and Innovation.
Volume (Year): 17 (2010)
Issue (Month): 3 ()
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Web page: http://www.tandfonline.com/CIAI20
Other versions of this item:
- Soogwan Doh & Zoltan J. Acs, 2009. "Innovation and Social Capital: A Cross-country Investigation," Jena Economic Research Papers 2009-082, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O5 - Economic Development, Technological Change, and Growth - - Economywide Country Studies
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