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Innovation and Social Capital: A Cross-Country Investigation

Soogwan Doh and Zoltan Acs ()

Industry and Innovation, 2010, vol. 17, issue 3, 241-262

Abstract: This study explores the impact of social capital on innovation by constructing a more general measure of social capital, which consists 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 research and development expenditure and human capital, we find that there is a positive relationship between social capital and innovation. Social capital interacts with entrepreneurship; the strongest relationship is between associated activities and entrepreneurship. This study supports the need to build strong social relationships in today's networked economy.

Keywords: Human capital; social capital; entrepreneurship; innovation (search for similar items in EconPapers)
Date: 2010
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Related works:
Chapter: Innovation and Social Capital: A Cross-Country Investigation (2015) Downloads
Working Paper: Innovation and Social Capital: A Cross-country Investigation (2009) Downloads
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