Human Capital, Social Capital and Innovation: A Multi-Country Study
We examine the effects of two forms of capital, i.e. human capital and social capital, on innovation at the country level. We use secondary data from the World Development Report on a country’s overall human development to test for a relationship between human capital and innovation. We also use previous conceptualisations of social capital as comprising trust, associational activity, and norms of civic behaviour to test for relationships between these indicators of social capital and innovation using data from the World Values Survey. Unlike most previous studies that examined human and social capital within a given country, we develop and empirically test a theoretically grounded model that relates human and social capital to innovation at the societal level across 59 different countries, thus providing a more global view of the role of these two forms of capital in generating value. We find strong support for the positive relationship between human capital and innovation and partial support for the positive effect of trust and associational activity on innovation. However, contrary to our prediction, we find a negative relationship between norms of civic behaviour and one of our innovation measures.
|Date of creation:||Nov 2003|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: ++ 32 (0) 9 264 34 61
Fax: ++ 32 (0) 9 264 35 92
Web page: http://www.ugent.be/eb
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kilkenny, Maureen & Nalbarte, Laura & Besser, Terry, 1999.
"Reciprocated Community Support and Small Town-Small Business Success,"
Staff General Research Papers
1643, Iowa State University, Department of Economics.
- Maureen Kilkenny & Laura Nalbarte & Terry Besser, 1999. "Reciprocated community support and small town - small business success," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 11(3), pages 231-246, July.
- Simon Collinson, 2000. "Knowlege networks for innovation in small Scottish software firms," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 12(3), pages 217-244, July.
- Black, Sandra E & Lynch, Lisa M, 1996. "Human-Capital Investments and Productivity," American Economic Review, American Economic Association, vol. 86(2), pages 263-67, May.
- Robert Evenson, 1984. "International Invention: Implications for Technology Market Analysis," NBER Chapters, in: R&D, Patents, and Productivity, pages 89-126 National Bureau of Economic Research, Inc.
- Kenney, Martin & von Burg, Urs, 1999. "Technology, Entrepreneurship and Path Dependence: Industrial Clustering in Silicon Valley and Route 128," Industrial and Corporate Change, Oxford University Press, vol. 8(1), pages 67-103, March.
- Marco Bellandi, 2001. "Local development and embedded large firms," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 13(3), pages 189-210, July.
- Gerard George & D. Robley Wood & Raihan Khan, 2001. "Networking strategy of boards: implications for small and medium-sized enterprises," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 13(3), pages 269-285, July.
- Crosby, Mark, 2000. "Patents, Innovation and Growth," The Economic Record, The Economic Society of Australia, vol. 76(234), pages 255-62, September.
- JoaquÃn Guzm�n & F. Javier Santos, 2001. "The booster function and the entrepreneurial quality: an application to the province of Seville," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 13(3), pages 211-228, July.
- Jaffe, Adam B, 1989. "Real Effects of Academic Research," American Economic Review, American Economic Association, vol. 79(5), pages 957-70, December.
- Shane, Scott A., 1992. "Why do some societies invent more than others?," Journal of Business Venturing, Elsevier, vol. 7(1), pages 29-46, January.
- Siegel, Robin & Siegel, Eric & Macmillan, Ian C., 1993. "Characteristics distinguishing high-growth ventures," Journal of Business Venturing, Elsevier, vol. 8(2), pages 169-180, March.
- Christos Kalantaridis, 1999. "Processes of innovation among manufacturing SMEs: the experience of Bedfordshire," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 11(1), pages 57-78, January.
- Jari J. Ritsila, 1999. "Regional differences in environments for enterprises," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 11(3), pages 187-202, July.
- Knack, Stephen & Keefer, Philip, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, MIT Press, vol. 112(4), pages 1251-88, November.
- John F. Helliwell & Robert D. Putnam, 1995. "Economic Growth and Social Capital in Italy," Eastern Economic Journal, Eastern Economic Association, vol. 21(3), pages 295-307, Summer.
- Scott Shane, 1995. "Uncertainty Avoidance and the Preference for Innovation Championing Roles," Journal of International Business Studies, Palgrave Macmillan, vol. 26(1), pages 47-68, March.
- Maskell, Peter & Malmberg, Anders, 1999. "Localised Learning and Industrial Competitiveness," Cambridge Journal of Economics, Oxford University Press, vol. 23(2), pages 167-85, March.
- Lazerson, Mark H & Lorenzoni, Gianni, 1999. "The Firms That Feed Industrial Districts: A Return to the Italian," Industrial and Corporate Change, Oxford University Press, vol. 8(2), pages 235-66, June.
- Denis Maillat, 1998. "Innovative milieux and new generations of regional policies," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 10(1), pages 1-16, January.
- Cannon, Edmund, 2000. "Human Capital: Level versus Growth Effects," Oxford Economic Papers, Oxford University Press, vol. 52(4), pages 670-76, October.
When requesting a correction, please mention this item's handle: RePEc:rug:rugwps:03/211. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Nathalie Verhaeghe)
If references are entirely missing, you can add them using this form.