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Cognitive Sinergy as Determinant of Poverty Reduction

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  • William Prieto Bustos

Abstract

The following document describes an experimental methodological design implemented to test the cognitive synergy hypothesis regarding poverty reduction proposed by Boiser (2010). The cognitive synergy hypothesis refers to social, cultural accumulation altogether with informal and formal knowledge accumulation hidden in local environment nets as a key determinant in reducing poverty levels. Albeit cognitive synergy and social and cultural capital accumulation seem to be related, the former comes from an outsider regulator who induces latent resources for reaching development goals meanwhile the latter comes without inducing a development strategy upon a specific territory. The experimental methodological design is implemented where a continental sample of inhabitants is compared with an island sample of inhabitants that are exposed to an induced development strategy. Main findings indicate that cognitive synergy caused by a development strategy based on capital, social and technological accumulation in the islander population carried on by a non-profit organization is statistically significant reducing poverty in a data panel model adjusted for 2007 and 2009 economic and social data for the islander population.

Suggested Citation

  • William Prieto Bustos, 2012. "Cognitive Sinergy as Determinant of Poverty Reduction," Documentos de Trabajo 10349, Universidad Católica de Colombia.
    • Handle: RePEc:col:000444:010349
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    References listed on IDEAS

    as
    1. William Orlando Prieto Bustos, 2010. "Desarrollo local en Isla Grande: un modelo probabilístico para la pobreza," Revista Semestre Económico, Universidad de Medellín, September.
    2. Denis Maillat, 1998. "Innovative milieux and new generations of regional policies," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 10(1), pages 1-16, January.
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    More about this item

    Keywords

    Cognitive synergy; social capital; cultural capital; poverty;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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