Does social capital reinforce technological inputs in the creation of knowledge? Evidence from the Spanish regions

Ernest Miguelez (), Rosina Moreno () and Manuel Artís ()
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Rosina Moreno: Faculty of Economics, University of Barcelona

No 200813, IREA Working Papers from University of Barcelona, Research Institute of Applied Economics

Abstract: In this paper we seek to verify the hypothesis that trust and cooperation between individuals, and between them and public institutions, can encourage technological innovation and the adoption of knowledge. Additionally, we test the extent to which the interaction of social capital with human capital and R&D expenditures improve their effect on a region’s ability to innovate. Our empirical evidence is taken from the Spanish regions and employs a knowledge production function and longitudinal count data models. Our results suggest that social capital correlates positively with innovation. Further, our analysis reveals a powerful interaction between human and social capital in the production of knowledge, whilst the complementarity with R&D efforts would seem less clear.

Keywords: social capital; human capital; innovation; complementarities. (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-edu, nep-geo, nep-hrm, nep-ino, nep-ipr, nep-knm and nep-soc
Date: Written

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Persistent link: http://EconPapers.repec.org/RePEc:ira:wpaper:200813

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