Social capital in building regional innovative capability

Tura, Tomi; Harmaakorpi, Vesa

doi:10.1080/00343400500328255

Cited by 154 publications

(159 citation statements)

References 28 publications

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“…The network capital concept is rooted in the recognition that the leveraging of inter-organisational networks is an asset that can be shaped by organisations, and is generated by investments in calculative relations. This is significantly different from the type of social or relational capital stemming from the social norms and customs present in a particular region (Capello and Faggian, 2005;Tura and Harmaakorpi, 2005). These social norms and customs are embedded in the social environment, and the trustworthiness of any environment is often tacit and specific to each community (Iyer et al, 2005;Lorenzen, 2007).…”

Section: Network Capitalmentioning

confidence: 99%

“…Some scholars have pointed to networks endowed with social capital -in the form of interpersonal relationships -as a key lubricator of knowledge spillovers (Iyer et al, 2005;Tura and Harmaakorpi, 2005;Hauser et al, 2007;Lorenzen, 2007;Walter et al, 2007;Tappeiner et al, 2008;Cantner et al, 2009;Vorley et al, 2012). In its fundamental form, social capital concerns the capacity and capability of individuals to mobilise their network to enhance personal returns usually within place-bound environments.…”

Section: Network Capitalmentioning

confidence: 99%

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A Network-based view of regional growth

Huggins

Thompson

2013

Journal of Economic Geography

131

141

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The need to better understand the mechanisms underlying regional growth patterns is widely recognised. This paper argues that regional growth is partly a function of the value created through inter-organisational flows of knowledge within and across regions. It is proposed that investment in calculative networks by organisations to access knowledge is a form of capital, termed network capital, which should be incorporated into regional growth models. The paper seeks to develop a framework to capture the value of network capital within these models based on the spatial configuration and the nature of the knowledge flowing through networks.

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Section: Network Capitalmentioning

confidence: 99%

Section: Network Capitalmentioning

confidence: 99%

A Network-based view of regional growth

Huggins

Thompson

2013

Journal of Economic Geography

131

141

View full text Add to dashboard Cite

show abstract

“…Some scholars have pointed to networks endowed with social capital -in the form of interpersonal relationships -as a key lubricator of knowledge spillovers (Iyer et al 2005;Tura and Harmaakorpi 2005;Hauser et al 2007;Lorenzen 2007;Walter et al 2007;Tappeiner et al 2008;Cantner et al 2010;Vorley et al 2012). However, although social capital may explain a degree of knowledge flow within a particular region, it does not necessarily account for the large proportion of the flow of economically beneficial knowledge (Bathelt et al 2004;Weterings and Ponds 2009;Huber 2012).…”

Section: A Network-based View Of Innovationmentioning

confidence: 99%

Entrepreneurship, innovation and regional growth: a network theory

2015

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Despite the growing acknowledgement that entrepreneurship is an important driver of regional innovation and growth, the role of the networks in these processes has been less formally examined. In order to address this gap, this paper proposes that the relationship between entrepreneurship, innovation and regional growth is governed by a series of network dynamics. Drawing upon aspects of endogenous growth theory and the knowledge spillover theory of entrepreneurship, it is proposed that the nature of the networks formed by entrepreneurial firms is a key determinant of regional growth differentials. In particular, network capital, in the form of investments in strategic relations to gain access to knowledge, is considered to mediate the relationship between entrepreneurship and innovation-based regional growth. It is suggested that network dynamics should be further incorporated into theories concerning the link between knowledge spillovers, entrepreneurship and regional growth. The paper concludes with a series of theoretical, entrepreneurial and policy implications emerging from the study.

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“…Social capital is then a crucial pre-condition for innovation since it stimulates interpersonal interactions, the formation of networks and the circulation of valuable knowledge (Tura and Harmaakorpi, 2005).…”

Section: How 'Bridging' and 'Bonding' Social Capital Shapes Local Innmentioning

confidence: 99%

The ‘Bright’ Side of Social Capital: How ‘Bridging’ Makes Italian Provinces More Innovative

Crescenzi

Gagliardi

Percoco

2012

Geography, Institutions and Regional Economic Performance

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Social capital has remained relatively underexplored in innovation literature. Existing studies have failed to reach a consensus on its impact on local innovative performance: some empirical analyses emphasize a positive effect, others speak about a 'dark side' of social capital. This paper aims to fill this gap by shedding new light on the differential role of 'bonding' and 'bridging' social capital. The quantitative analysis of the innovative performance of the Italian provinces shows that social capital is an important predictor of innovative performance after controlling for 'traditional' knowledge inputs (R&D investments and human capital endowment) and other characteristics of the local economy. However, only 'bridging' social capital -based on weak ties -can be identified as the key driver of the process of innovation while 'bonding' social capital is shown to be negative for innovation. Instrumental variable analysis makes it possible to identify clear causal links between bridging (positive) and bonding (negative) social capital and innovation.JEL Classifications: O31, O33, R15

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Social capital in building regional innovative capability

Cited by 154 publications

References 28 publications

A Network-based view of regional growth

A Network-based view of regional growth

Entrepreneurship, innovation and regional growth: a network theory

The ‘Bright’ Side of Social Capital: How ‘Bridging’ Makes Italian Provinces More Innovative

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