Innovation and Social Capital: A Cross-country Investigation

Soogwan Doh () and Zoltan Acs
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Soogwan Doh: George Mason University

No 2009-082, Jena Economics Research Papers from Friedrich-Schiller-University Jena

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.

Keywords: human capital; social capital; entrepreneurship; innovation; generalized and institutional trust; civic norms; associational activities (search for similar items in EconPapers)
JEL-codes: J24 L26 O31 O5 (search for similar items in EconPapers)
Date: 2009-10-13
New Economics Papers: this item is included in nep-ent, nep-hrm, nep-ino, nep-knm, nep-sbm and nep-soc
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Related works:
Chapter: Innovation and Social Capital: A Cross-Country Investigation (2015)
Journal Article: Innovation and Social Capital: A Cross-Country Investigation (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:jrp:jrpwrp:2009-082

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