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The Social Capital of Regional Dynamics: A Policy Perspective

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  • Hans Westlund

    (National Institute for Working Life)

Abstract

This paper deals with social capital as an extra-market externality, and its role for innovations and growth. It analyses the changes of innovation activity over time, from early industrialism to the global knowledge economy, how the relations between the actors of today's innovation systems have developed and the role of social networks for innovations. The different kinds of networks built by the three constructers of social networks: the individual, the organizations and the (public and civic) society are discussed. The role of public policy in building social capital for innovations and growth is analyzed.

Suggested Citation

  • Hans Westlund, 2006. "The Social Capital of Regional Dynamics: A Policy Perspective," CIRJE F-Series CIRJE-F-423, CIRJE, Faculty of Economics, University of Tokyo.
  • Handle: RePEc:tky:fseres:2006cf423
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    File URL: http://www.cirje.e.u-tokyo.ac.jp/research/dp/2006/2006cf423.pdf
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    Cited by:

    1. Lisa Van Well, 2011. "Dealing with Dichotomies: The case of Bornholm," ERSA conference papers ersa10p1330, European Regional Science Association.
    2. Karlsson, Charlie & Rouchy, Philippe, 2015. "Regional Economic Development, Social Capital and Governance: A Buchanian Approach," Working Paper Series in Economics and Institutions of Innovation 390, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    3. Bögenhold, Dieter & Fachinger, Uwe, 2010. "How Diverse is Entrepreneurship? Observations on the social heterogeneity of self-employment in Germany," MPRA Paper 23271, University Library of Munich, Germany.

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