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Social capital, resilience, and regional diversification in Italy
[Social capital, innovation and growth: evidence from Europe]

Author

Listed:
  • Roberto Antonietti
  • Ron Boschma

Abstract

This article investigates the role of social capital for the entry and exit of industries in Italian provinces between 2004 and 2010. Results show that bridging social capital positively contributes to the net entry of new industries, especially when they are unrelated to existing specializations in a region, but it loses its impact on regional diversification during the economic crisis. Bonding social capital, instead, makes regions resilient in times of crisis, by reducing the probability of exit of industries. However, bonding social capital is also bad for regional resilience, as it keeps on having a negative impact on the entry of new industries in regions during an economic downturn.

Suggested Citation

  • Roberto Antonietti & Ron Boschma, 2021. "Social capital, resilience, and regional diversification in Italy [Social capital, innovation and growth: evidence from Europe]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 30(3), pages 762-777.
    • Handle: RePEc:oup:indcch:v:30:y:2021:i:3:p:762-777.
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    File URL: http://hdl.handle.net/10.1093/icc/dtaa052
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    Cited by:

    1. Antonietti, Roberto & Burlina, Chiara & Rodriguez-Pose, Andres, 2025. "Digital technology and regional income inequality: are better institutions the solution?," LSE Research Online Documents on Economics 127062, London School of Economics and Political Science, LSE Library.
    2. Marianna Marino & Sandro Montresor & Alessandra Faggian, 2025. "Social capital and regional innovation in the aftermath of crisis: evidence from Italian provinces," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 74(1), pages 1-40, March.
    3. Benjamin Cornejo Costas & Nicola Cortinovis & Andrea Morrison, 2025. "How external linkages and informal institutions enable green innovation in EU regions," Papers in Evolutionary Economic Geography (PEEG) 2503, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Feb 2025.

    More about this item

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact

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