Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/32588
Authors: 
Doh, Soogwan
Ács, Zoltán J.
Year of Publication: 
2009
Series/Report no.: 
Jena economic research papers 2009,082
Abstract: 
This study explores the impact of social capital on innovation by constructing a more general measure of social capital indicator consisting of generalized and institutional trust, associational activities and civic norms. We test the hypothesis that social capital has a positive impact on innovation at the national level. After controlling for R&D expenditure and human capital there is a positive relationship between social capital and innovation. Social capital interacts with entrepreneurship and the strongest relationship is between associated activities and entrepreneurship. This is consistent with the need to build social relationships in today's networked economy.
Subjects: 
human capital
social capital
entrepreneurship
innovation
generalized and institutional trust
civic norms
associational activities
JEL: 
L26
J24
O31
O5
Document Type: 
Working Paper

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