IDEAS home Printed from https://ideas.repec.org/p/mar/magkse/201830.html
   My bibliography  Save this paper

Social Capital and Innovation - Can Social Trust Explain the Technological Innovation of the High-performing East Asian Economies?

Author

Listed:
  • Seo-Young Cho

    (University of Marburg)

Abstract

The economic success and innovative outcomes of the high performing East Asian countries, albeit often characterized as low-trust societies, suggests reexamination of the presumed positive relationship between social trust and innovation. Multi-level analyses conducted in this paper reveal that the role of social capital in innovation is different in East Asia. Shared social norms such as growth primacy and reciprocity and values of accepting competition and performance-based incentives are the most essential driving-force of innovation in the East Asian countries, whereas social trust does not play a positive role there. The importance of the shared social norms and collective goals can be explained by the prominent role of the state in the East Asian development.

Suggested Citation

  • Seo-Young Cho, 2018. "Social Capital and Innovation - Can Social Trust Explain the Technological Innovation of the High-performing East Asian Economies?," MAGKS Papers on Economics 201830, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    • Handle: RePEc:mar:magkse:201830
    as

    Download full text from publisher

    File URL: http://www.uni-marburg.de/fb02/makro/forschung/magkspapers/paper_2018/30-2018_cho.pdf
    File Function: First 201830
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Christoph Hauser & Gottfried Tappeiner & Janette Walde, 2007. "The Learning Region: The Impact of Social Capital and Weak Ties on Innovation," Regional Studies, Taylor & Francis Journals, vol. 41(1), pages 75-88.
    2. Stephen Knack & Philip Keefer, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(4), pages 1251-1288.
    3. La Porta, Rafael, et al, 1997. "Trust in Large Organizations," American Economic Review, American Economic Association, vol. 87(2), pages 333-338, May.
    4. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    5. Beugelsdijk, Sjoerd & van Schaik, Ton, 2005. "Social capital and growth in European regions: an empirical test," European Journal of Political Economy, Elsevier, vol. 21(2), pages 301-324, June.
    6. Paldam, Martin & Svendsen, Gert Tinggaard, 2000. "An essay on social capital: looking for the fire behind the smoke," European Journal of Political Economy, Elsevier, vol. 16(2), pages 339-366, June.
    7. Akçomak, I. Semih & ter Weel, Bas, 2009. "Social capital, innovation and growth: Evidence from Europe," European Economic Review, Elsevier, vol. 53(5), pages 544-567, July.
    8. Katherine Scrivens & Conal Smith, 2013. "Four Interpretations of Social Capital: An Agenda for Measurement," OECD Statistics Working Papers 2013/6, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cha, Moon-Kyung & Lee, Hee-Jung, 2022. "Does social trust always explain the active use of sharing-based programs?: A cross-national comparison of Indian and U.S. rideshare consumers," Journal of Retailing and Consumer Services, Elsevier, vol. 65(C).
    2. Sakib, Md Nazmus & Hasan, Fuad & Al-Emran, Md & Felix, Reto, 2023. "A cross-cultural analysis of ridesharing intentions and compliance with COVID-19 health guidelines: The roles of social trust, fear of COVID-19, and trust-in-God," Journal of Retailing and Consumer Services, Elsevier, vol. 71(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. David B. Audretsch & Nikolaus Seitz & Katherine Margaret Rouch, 2018. "Tolerance and innovation: the role of institutional and social trust," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 8(1), pages 71-92, March.
    2. Antoci Angelo & Sabatini Fabio & Sodini Mauro, 2009. "Will growth and technology destroy social interaction? The inverted U-shape hypothesis," wp.comunite 0057, Department of Communication, University of Teramo.
    3. Roberto Antonietti & Ron Boschma, 2021. "Social capital, resilience, and regional diversification in Italy [Social capital, innovation and growth: evidence from Europe]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 30(3), pages 762-777.
    4. Forte, Anabel & Peiró-Palomino, Jesús & Tortosa-Ausina, Emili, 2015. "Does social capital matter for European regional growth?," European Economic Review, Elsevier, vol. 77(C), pages 47-64.
    5. Christoph Hauser & Urban Perkmann & Sibylle Puntscher & Janette Walde & Gottfried Tappeiner, 2016. "Trust Works! Sources and Effects of Social Capital in the Workplace," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(2), pages 589-608, September.
    6. YODO Masato & YANO Makoto, 2017. "Household Income and the OECD's Four Types of Social Capital," Discussion papers 17119, Research Institute of Economy, Trade and Industry (RIETI).
    7. Gioacchino Fazio & Francesca Giambona & Erasmo Vassallo & Elli Vassiliadis, 2018. "A Measure of Trust: The Italian Regional Divide in a Latent Class Approach," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 140(1), pages 209-242, November.
    8. Riccardo Crescenzi & Luisa Gagliardi & Marco Percoco, 2013. "Social Capital and the Innovative Performance of Italian Provinces," Environment and Planning A, , vol. 45(4), pages 908-929, April.
    9. Ciriolo, Emanuele, 2007. "Inequity aversion and trustees' reciprocity in the trust game," European Journal of Political Economy, Elsevier, vol. 23(4), pages 1007-1024, December.
    10. Antoci, Angelo & Sabatini, Fabio & Sodini, Mauro, 2011. "Economic Growth, Technical Progress, and Social Capital: the Inverted U Hypothesis," MPRA Paper 30326, University Library of Munich, Germany.
    11. Riccardo Crescenzi & Luisa Gagliardi & Marco Percoco, 2013. "The ‘Bright’ Side of Social Capital: How ‘Bridging’ Makes Italian Provinces More Innovative," Advances in Spatial Science, in: Riccardo Crescenzi & Marco Percoco (ed.), Geography, Institutions and Regional Economic Performance, edition 127, pages 143-164, Springer.
    12. Emanuela Marrocu & Raffaele Paci, 2013. "Regional Development and Creativity," International Regional Science Review, , vol. 36(3), pages 354-391, July.
    13. Moretti, Luigi, 2014. "Local financial development, socio-institutional environment, and firm productivity: Evidence from Italy," European Journal of Political Economy, Elsevier, vol. 35(C), pages 38-51.
    14. Thompson, Maria, 2018. "Social capital, innovation and economic growth," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 73(C), pages 46-52.
    15. Angelo Antoci & Fabio Sabatini & Mauro Sodini, 2013. "Economic Growth, Technological Progress and Social Capital: The Inverted U Hypothesis," Metroeconomica, Wiley Blackwell, vol. 64(3), pages 401-431, July.
    16. Yamamura, Eiji, 2008. "The role of social capital in homogeneous society: Review of recent researches in Japan," MPRA Paper 11385, University Library of Munich, Germany.
    17. Jonathan Muringani & Rune D Fitjar & Andrés Rodríguez-Pose, 2021. "Social capital and economic growth in the regions of Europe," Environment and Planning A, , vol. 53(6), pages 1412-1434, September.
    18. Jesús Peiró-Palomino & Lisa Gianmoena & Andrés J. Picazo-Tadeo & Vicente Ríos, 2023. "Does social trust determine social progress? Evidence for the European regions," Working Papers 2305, Department of Applied Economics II, Universidad de Valencia.
    19. Barbara Dettori & Emanuela Marrocu & Raffaele Paci, 2012. "Total Factor Productivity, Intangible Assets and Spatial Dependence in the European Regions," Regional Studies, Taylor & Francis Journals, vol. 46(10), pages 1401-1416, November.
    20. Christoph Hauser & Gottfried Tappeiner & Janette Walde, 2015. "The Roots of Regional Trust," Working Papers 2015-13, Faculty of Economics and Statistics, Universität Innsbruck.

    More about this item

    Keywords

    social capital; social trust; social norms; social values; competition; innovation; entrepreneurship; high-performing East Asian economies;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • N75 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Asia including Middle East
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mar:magkse:201830. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bernd Hayo (email available below). General contact details of provider: https://edirc.repec.org/data/vamarde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.