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Dynamics of social trust and human capital in the learning process: The case of the Japan garment cluster in the period 1968-2005

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  • yamamura, eiji

Abstract

This paper examined how and the extent to which human capital and social trust are associated with the learning process of a manager in making operations decisions through experience. To this end, using a data set originally and purposively constructed by the author, I investigate the development and transformation of the garment industry cluster region of Kojima, Japan. The major findings through statistical estimations are as follows. (1) In the cluster development stage, the social trust of an enterprise and its manager’s experiences in firm operations could be regarded as forming a complimentary association. (2) In the stage following cluster development, however, a manager’s human capital as accumulated through schooling and personal experience becomes complimentary instead of social trust.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 10251.

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Date of creation: 17 May 2008
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Handle: RePEc:pra:mprapa:10251

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Keywords: Social trust; Human capital; Bayesian learning;

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Cited by:
  1. Justina A.V. Fischer & Benno Torgler, 2013. "Do Positional Concerns Destroy Social Capital: Evidence From 26 Countries," Economic Inquiry, Western Economic Association International, vol. 51(2), pages 1542-1565, 04.
  2. Kim, Byung-Yeon & Kang, Youngho, 2014. "Social capital and entrepreneurial activity: A pseudo-panel approach," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 97(C), pages 47-60.
  3. Fabio Sabatini & Francesca Modena & Ermanno Tortia, 2014. "Do cooperative enterprises create social trust?," Small Business Economics, Springer, Springer, vol. 42(3), pages 621-641, March.
  4. Yamamura, Eiji, 2012. "Smokers’ Preference for Divorce and Extramarital Sex," MPRA Paper 40922, University Library of Munich, Germany.
  5. NAKABAYASHI, Masaki, 2013. "Honesty, Diligence, and Skill: Risk Sharing and Specialization in the Kiryu Silk Weaving Cluster, Japan," ISS Discussion Paper Series (series F) f166, Institute of Social Science, The University of Tokyo, revised 03 Jun 2014.
  6. Dearmon, Jacob & Grier, Robin, 2011. "Trust and the accumulation of physical and human capital," European Journal of Political Economy, Elsevier, vol. 27(3), pages 507-519, September.
  7. H.M. Nihal Padmasiri, 2012. "The role of human and social capital on the development of wooden furniture clusters in Sri Lanka," International Journal of Development Issues, Emerald Group Publishing, Emerald Group Publishing, vol. 11(1), pages 19-36, April.

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