THE ROLE OF SOCIAL CAPITAL IN REGIONAL DEVELOPMENT

Athanasios Papadaskalopoulos () and Panagiotis Nikolopoulos ()
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Athanasios Papadaskalopoulos: Professor, Panteion University, Athens, Greece ,Regional Development Institute
Panagiotis Nikolopoulos: PhD Candidate, Panteion University, Athens, Greece

Regional Science Inquiry, 2018, vol. X, issue 1, 125-140

Abstract: The role of social capital in the development process is rendered essential by the intervention of local authorities, local initiatives, relations and networking. In this article is attempted the association of the means of social capital, such as the information transfer, relations of trust, networking, and cooperation, with the main instruments of regional policy, which endogenous growth strategy utilises. Instruments, such as industrial districts, technological parks, local productive systems, business clusters, creative cities, etc. are based on the utilisation of local social capital, which is a prerequisite for a viable application of the endogenous growth and local development policies. The aim of this paper is to examine the relation between endogenous growth and social capital in the configuration of a local development strategy.

Keywords: social capital; economic development; regional development; endogenous growth; local development (search for similar items in EconPapers)
JEL-codes: O10 R10 Z13 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:hrs:journl:v:x:y:2018:i:1:p:125-140

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