Trust, Social Capital, and Subjective Individual Well-Being

Mironova, Anna

doi:10.1080/10610154.2015.1082391

Cited by 18 publications

(11 citation statements)

References 2 publications

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“…This lack of trust is perceptible in the Czech culture even today. Indeed, to this day, transition economies, in general, rank very low in terms of interpersonal trust (Mironova, 2015). The lack of trust is also applicable to business relations that are leveraged for the purpose of innovation (Butryumova et al , 2015).…”

Section: Methodsmentioning

confidence: 99%

“…Given that the former communist regime in Czech, that lasted for four decades prior to the Velvet Revolution in 1989, was notorious for spying on its own citizens, the credibility of the government agencies and the local trade associations as reliable sources of information is generally suspect (Pollard and Jemicz, 2006). Therefore, it is not surprising that Czech culture, and transition economies, in general, is characterized by a lack of interpersonal trust (Mironova, 2015). Consequently, it takes a long time for people to share and trust information from others.…”

Section: Hypothesesmentioning

confidence: 99%

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Technological innovation among internationality active SMEs in the Czech economy

Wadhwa

McCormick

Musteen

2017

EBR

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Purpose This paper aims to examine the impact of human and social capital of CEOs of internationally active small- and medium-sized enterprises (SMEs) in the Czech Republic on their firms’ approach to technological innovation. Design/methodology/approach The study sample was drawn from data collected from the population of Czech manufacturing firms. The final sample included 153 SMEs that met the criteria for inclusion in the study. The authors employed robust regression analysis to test their specific hypotheses. Findings This study found that human capital (in the form of CEOs’ professional background and foreign customer knowledge) and social capital (conceptualized as embeddedness in the international markets) of CEOs in the Czech Republic impacted their firms’ approach to technological innovation. Specifically, firms headed by CEOs with professional background in output functions (R&D and marketing) are more likely to invest in technological innovation. The same was found true for firms led by CEOs who possessed a strong knowledge of international customers and were socially embedded in international markets. Originality/value This study makes a twofold contribution to the extant literature. First, it develops and tests the theoretical link between human and social capital and technological innovation among internationally active firms. Second, it highlights factors that positively influence technological innovation in the context of a small Central European economy, a setting that has been generally viewed as unfavorable to such innovation.

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Section: Methodsmentioning

confidence: 99%

Section: Hypothesesmentioning

confidence: 99%

Technological innovation among internationality active SMEs in the Czech economy

Wadhwa

McCormick

Musteen

2017

EBR

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“…Besides the prominent role of social trust for a happy live, previous research found a positive effect of institutional trust on SWB in Europe (Hudson 2006;Portela et al 2013;Puntscher et al 2015; Rodríguez-Pose and von Berlepsch 2014), Canada (Leung et al 2011), South America (Macchia and Plagnol 2018) and Russia (Mironova 2015) by using cross-sectional data. Kroll (2008) on the other hand detected no relation between institutional trust and life satisfaction according to data from the World Values Survey for 72 nations worldwide.…”

Section: (B) the Impact Of Trust On Subjective Well-being Across Counmentioning

confidence: 98%

Patterns of Trust and Subjective Well-Being Across Europe: New Insights from Repeated Cross-Sectional Analyses Based on the European Social Survey 2002–2016

Glatz

Eder

2019

Soc Indic Res

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This paper offers elaborate analyses regarding the effects of social-as well as institutional trust as parts of social capital on subjective well-being (SWB) by using data from the European Social Survey, including 36 countries and eight time-points between 2002 and 2016. We analyze (1) The development of trust and SWB on the aggregate level; (2) The effect of trust on SWB on the individual cross-sectional level; and (3) The longitudinal and crosssectional effect of trust on SWB on the aggregate level while considering control variables based on previous research. We observe a weak positive trend regarding social trust as well as SWB over time, but no significant change in institutional trust. However, trends are far from homogeneous across countries. In accordance to previous studies, we find a positive effect of social trust on SWB. This effect holds on the individual cross-sectional level for every participating country, but also on the longitudinal level. In view of institutional trust, we see a positive effect on SWB on the individual and aggregate cross-sectional level, but not over time. Thus, this study particularly sheds new light on this relation, indicating that it´s cross-sectional relation is due to confounding variables. Moreover, we observe no relation between economic growth and SWB after controlling for unemployment, but a positive effect of decreasing unemployment and inflation on SWB. Our data suggests that establishing an environment with high social trust across Europe would be rewarded with a happy society.

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“…In the institutional context, trust is one aspect of vulnerability in social capital. Although the trust aspect is subjective, collectively, it becomes essential to social capital's resilience (Hansen, 2018;Mironova, 2015). In the context of a cultured society, the norms established by local traditions determine different forms and radii of belief (Liu et al, 2020;Oyebode & Nicholls, 2020) .…”

Section: Introductionmentioning

confidence: 99%

Covid-19, Trust, And Vulnerability In North Halmahera District of Indonesia

Singgalen

2021

ARISTO

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Trust, Social Capital, and Subjective Individual Well-Being

Cited by 18 publications

References 2 publications

Technological innovation among internationality active SMEs in the Czech economy

Technological innovation among internationality active SMEs in the Czech economy

Patterns of Trust and Subjective Well-Being Across Europe: New Insights from Repeated Cross-Sectional Analyses Based on the European Social Survey 2002–2016

Covid-19, Trust, And Vulnerability In North Halmahera District of Indonesia

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