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The Social Capital of Regional Dynamics: A Policy Perspective

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  • Hans Westlund

    (National Institute for Working Life)

Abstract

This paper deals with social capital as an extra-market externality, and its role for innovations and growth. It analyses the changes of innovation activity over time, from early industrialism to the global knowledge economy, how the relations between the actors of today's innovation systems have developed and the role of social networks for innovations. The different kinds of networks built by the three constructers of social networks: the individual, the organizations and the (public and civic) society are discussed. The role of public policy in building social capital for innovations and growth is analyzed.

Suggested Citation

  • Hans Westlund, 2006. "The Social Capital of Regional Dynamics: A Policy Perspective," CIRJE F-Series CIRJE-F-423, CIRJE, Faculty of Economics, University of Tokyo.
    • Handle: RePEc:tky:fseres:2006cf423
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    References listed on IDEAS

    as
    1. Westlund, Hans & Bolton, Roger, 2003. "Local Social Capital and Entrepreneurship," Small Business Economics, Springer, vol. 21(2), pages 77-113, September.
    2. Hans Westlund, 2005. "Entrepreneurship and Regional Economic Development: A Spatial Perspective," Papers in Regional Science, Wiley Blackwell, vol. 84(1), pages 137-139, March.
    3. Krugman, Paul, 1991. "Increasing Returns and Economic Geography," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 483-499, June.
    4. Tibor Scitovsky, 1954. "Two Concepts of External Economies," Journal of Political Economy, University of Chicago Press, vol. 62(2), pages 143-143.
    5. Henri L.F. de Groot & Peter Nijkamp & Roger R. Stough (ed.), 2004. "Entrepreneurship and Regional Economic Development," Books, Edward Elgar Publishing, number 3478.
    6. Åke E. Andersson & David Emanuel Andersson (ed.), 2000. "Gateways to the Global Economy," Books, Edward Elgar Publishing, number 2102.
    7. Ann Markusen, 2003. "Fuzzy Concepts, Scanty Evidence, Policy Distance: The Case for Rigour and Policy Relevance in Critical Regional Studies," Regional Studies, Taylor & Francis Journals, vol. 37(6-7), pages 701-717.
    8. Rauch, James E., 1999. "Networks versus markets in international trade," Journal of International Economics, Elsevier, vol. 48(1), pages 7-35, June.
    9. Ann Markusen, 1996. "Sticky Places in Slippery Space: A Typology of Industrial Districts," Economic Geography, Taylor & Francis Journals, vol. 72(3), pages 293-313, July.
    10. James E. Rauch, 2001. "Business and Social Networks in International Trade," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1177-1203, December.
    11. James E. Rauch, 1996. "Trade and Search: Social Capital, Sogo Shosha, and Spillovers," NBER Working Papers 5618, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Kyle Farrell, 2017. "The Rapid Urban Growth Triad: A New Conceptual Framework for Examining the Urban Transition in Developing Countries," Sustainability, MDPI, vol. 9(8), pages 1-19, August.
    2. Lisa Van Well, 2011. "Dealing with Dichotomies: The case of Bornholm," ERSA conference papers ersa10p1330, European Regional Science Association.
    3. Karlsson, Charlie & Rouchy, Philippe, 2015. "Regional Economic Development, Social Capital and Governance: A Buchanian Approach," Working Paper Series in Economics and Institutions of Innovation 390, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    4. Bögenhold, Dieter & Fachinger, Uwe, 2010. "How Diverse is Entrepreneurship? Observations on the social heterogeneity of self-employment in Germany," MPRA Paper 23271, University Library of Munich, Germany.
    5. Maria Johansson & Hans Westlund, 2008. "Social Capital Enhancement Through Regional Co-Operation: A Study Of A Swedish Policy Program," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 2(1), pages 35-53, June.
    6. Maria Ljunggren & Hans Westlund, 2013. "Professors’ attitude to collaboration and central infrastructure for collaboration: an analysis of social capital establishment within higher education institutions," Chapters, in: Tüzin Baycan (ed.), Knowledge Commercialization and Valorization in Regional Economic Development, chapter 5, pages 85-109, Edward Elgar Publishing.

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