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Does social capital reinforce technological inputs in the creation of knowledge? Evidence from the Spanish regions

  • Ernest Miguélez

    ()

    (Faculty of Economics, University of Barcelona)

  • Rosina Moreno

    ()

    (Faculty of Economics, University of Barcelona)

  • Manuel Artís

    ()

    (Faculty of Economics, University of Barcelona)

In this paper we seek to verify the hypothesis that trust and cooperation between individuals, and between them and public institutions, can encourage technological innovation and the adoption of knowledge. Additionally, we test the extent to which the interaction of social capital with human capital and R&D expenditures improve their effect on a region’s ability to innovate. Our empirical evidence is taken from the Spanish regions and employs a knowledge production function and longitudinal count data models. Our results suggest that social capital correlates positively with innovation. Further, our analysis reveals a powerful interaction between human and social capital in the production of knowledge, whilst the complementarity with R&D efforts would seem less clear.

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File URL: http://www.ub.edu/irea/working_papers/2008/200813.pdf
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Paper provided by University of Barcelona, Research Institute of Applied Economics in its series IREA Working Papers with number 200813.

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Length: 41 pages
Date of creation: Oct 2008
Date of revision: Oct 2008
Handle: RePEc:ira:wpaper:200813
Contact details of provider: Postal: Tinent Coronel Valenzuela, Num 1-11 08034 Barcelona
Web page: http://www.ub.edu/irea/
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