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Social capital of economic clusters: towards a network-based conception of social resources

Huber, Franz (2009). Social capital of economic clusters: towards a network-based conception of social resources. Tijdschrift voor economische en sociale geografie - Journal of Economic and Social Geography, 100(2) pp. 160–170.

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To grasp the critical role of socio-cultural factors for regional economic development, several concepts have been developed, including that of ‘social capital’. This notion usually refers to norms, values, networks, reciprocity or trust which are held in a community and can lead to positive social and economic outcomes. Despite its popularity as a fashionable concept in the literature, the exact meaning of social capital is far from clear. This paper criticises the dominant conceptions of social capital in economic geography and regional studies and aims to place the debate in a different perspective. It argues for an alternative understanding of social capital defined as resources embedded in social networks which can be accessed or are used for actions. The potential to overcome the current weaknesses in the literature is illustrated through discussing social capital of economic clusters.

Item Type: Journal Item
Copyright Holders: 2009 by the Royal Dutch Geographical Society KNAG
ISSN: 0040-747X
Project Funding Details:
Funded Project NameProject IDFunding Body
Not SetNot SetGates Cambridge Scholarship
Keywords: social capital; social networks; social resources; clusters; relational economic geography; knowledge spillovers
Academic Unit/School: Faculty of Business and Law (FBL)
Item ID: 26713
Depositing User: Franz Huber
Date Deposited: 20 Jan 2011 11:56
Last Modified: 07 Dec 2018 09:49
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