Social capital, firm embeddedness and regional development
AbstractCooke P., Clifton N. and Oleaga M. (2005) Social capital, firm embeddedness and regional development, Regional Studies 39 , 1065-1077. This paper presents the results of a research project examining the effects of social capital on the performance of small- and medium-sized enterprises (SMEs) in 12 UK regions. It first investigates the association between performance and social capital use at the firm level, then it seeks to move beyond the confines of the individual firm in order to relate these 'firm capabilities' findings to the meso-level to assess regional economic performance in relation to social capital. The research on the conscious use by firms of 'relational embeddedness' in markets shows this to be an important indicator of SME performance, but not conclusively of regional economic performance measured in terms of regional competitiveness.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Regional Studies.
Volume (Year): 39 (2005)
Issue (Month): 8 ()
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Find related papers by JEL classification:
- JEL - Labor and Demographic Economics - - - - -
- cla - - - - - -
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
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