Social capital: exploring the theory and empirical divide | SpringerLinkSocial capital broadly refers to those factors of effectively functioning social groups that include such things as interpersonal relationships , a shared sense of identity , a shared understanding, shared norms , shared values , trust , cooperation , and reciprocity. However, the many views of this complex subject make a single definition difficult. The term generally refers to a resources, and the value of these resources, both tangible public spaces , private property and intangible "actors", " human capital ", people , b the relationships among these resources, and c the impact that these relationships have on the resources involved in each relationship, and on larger groups. It is generally seen as a form of capital that produces public goods for a common good. Social capital has been used to explain the improved performance of diverse groups, the growth of entrepreneurial firms, superior managerial performance, enhanced supply chain relations, the value derived from strategic alliances , and the evolution of communities.
Social Capital and New Communication and Information Technologies
There are many systematic reviews on social capital SC and various health outcomes, but each of these reviews shows one piece of the larger SC and health puzzle. The aim of this research was to systematically review systematic reviews on SC and health, in order to provide an overview of existing evidence and to identify strategies for future research.
Social capital: exploring the theory and empirical divide
Individuals with higher SC may be more encouraged to seek help if their networks notice that they need help. In high social-capital areas, public spaces are cleaner? Sabatini F Social capital and the quality of economic development. Journal of Business Venturing!
Our results show that while three of the components are positively related to health and quality of life, the fourth component close bonding and strong family ties has a negative association! Many reviews sociak between structural and cognitive dimensions of SC. NBER working paper. The Journal of Socio-Economics!
Social capital is an expanding research theme in economics, but it remains a controversial concept and its use as an analytical tool has been questioned. The criticisms are exacerbated by a mismatch between theoretical coverage of the concept and empirical work. We demonstrate, using a large European survey of older people, that social capital is multi-dimensional, and explore the extent to which these latent dimensions coincide with its theoretical constructs. We use the association between social capital and health to demonstrate the importance of accounting for the multi-dimensionality in empirical work. We show that all the dimensions of social capital are associated with health, but while in general this association is positive, close household ties are inversely related to health and well-being. Despite this growth in popularity, social capital remains a controversial concept among economists, and questions on its usefulness as an analytical tool have been raised across the entire theoretical spectrum, from neoclassical Arrow ; Durlauf to Marxist Fine Perhaps we should not be surprised that a concept that has emerged from sociological traditions should be treated with suspicion by some economists.
It is found that while social capital can bring about positive effect of maintaining an encompassing functional community in norm-enforcing schools, the tension between rising economic inequality and the demand to strengthen civic engagement was undermined by neoliberalism's capacity to sustain a sicial level of economic growth. Social capital as a theoretical concept is present within both economic and sociological traditions, providing two distinct but overlapping disciplinary perspectives. Prior to the start of the economic crisis inWashington. World Bank.
Annals of Behavioral Medicine. Jessica Kingsley Publishers; Archived from the original PDF on 8 December Free Press, New York.Most reviews included very broad target populations, or capitxl not specify the target population see Table 1 for detailed references. Examine the use and measurement of family SC in the health literature. Building a network theory of social capital; pp. Durlauf and Fafchamps also point out that strong social ties can lead to negative externalities; and it seems reasonable that helping within the household and providing personal ca.
Jessica Kingsley Publishers; American Journal of Sociology The Economic Journal. Future research should be careful about how they operationalize SC, and systematically distinguish between the different dimensions of SC and their particular relationship with health.