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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 the ways 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 investigated 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 complementary association. (2) In the stage following cluster development, however, a manager's human capital as accumulated through schooling and personal experience, instead of social trust, become complementary.

Suggested Citation

  • Yamamura, Eiji, 2009. "Dynamics of social trust and human capital in the learning process: The case of the Japan garment cluster in the period 1968-2005," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 377-389, October.
  • Handle: RePEc:eee:jeborg:v:72:y:2009:i:1:p:377-389
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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, April.
    2. 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.
    3. Eiji Yamamura, 2016. "Smokers’ Preference for Divorce and Extramarital Sex," Journal of Economics and Econometrics, Economics and Econometrics Society, vol. 59(2), pages 44-76.
    4. Giacomo Degli Antoni & Fabio Sabatini, 2013. "Disentangling the relationship between nonprofit and social capital: The role of social cooperatives and social welfare associations in the development of networks of strong and weak ties," Euricse Working Papers 1354, Euricse (European Research Institute on Cooperative and Social Enterprises).
    5. Fabio Sabatini & Francesca Modena & Ermanno Tortia, 2014. "Do cooperative enterprises create social trust?," Small Business Economics, Springer, vol. 42(3), pages 621-641, March.
    6. repec:bla:rdevec:v:21:y:2017:i:4:p:1401-1424 is not listed on IDEAS
    7. Abdul Jalil & Iffat Rabab, 2017. "The Economic Payoffs of Trust: An Empirical Investigation from Developing Countries Robust to Jackknife Coefficient Distribution," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 131(3), pages 1121-1144, April.
    8. Kim, Byung-Yeon & Kang, Youngho, 2014. "Social capital and entrepreneurial activity: A pseudo-panel approach," Journal of Economic Behavior & Organization, Elsevier, vol. 97(C), pages 47-60.
    9. Masaki Nakabayashi, 2017. "Honesty, Diligence and Skill: Risk Sharing and Specialization in the Kiryu Silk Weaving Cluster, Japan," Review of Development Economics, Wiley Blackwell, vol. 21(4), pages 1401-1424, November.
    10. Antoci, Angelo & Bonelli, Laura & Paglieri, Fabio & Reggiani, Tommaso G. & Sabatini, Fabio, 2018. "Civility and Trust in Social Media," IZA Discussion Papers 11290, Institute for the Study of Labor (IZA).
    11. 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, vol. 11(1), pages 19-36, April.

    More about this item

    Keywords

    Social trust; Human capital; Bayesian learning;

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General

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