What is Social Capital?

Social capital refers to the connection between individuals or groups-social networks, reciprocity norms, and the trust that results from them. It is the resources that people place in their social structure.

Social capital

Social capital is

Social capital

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Summary

It has two meanings. The first meaning refers to all the interconnected and mutually restrictive

Developed in the west

1. According to the nature of social capital, social capital is divided into homogeneous social capital and

Foreign research experience proves that social capital can reduce uncertainty and transaction costs, improve transaction efficiency, encourage specialization, and increase investment in human capital, material capital, and conceptual innovation. Social capital determines the relationship between production (manufacturing) and plunder. (Take it away).

In addition to the positive impact of social capital, there are also negative impacts, and the latter is also very important. For example, strengthening cooperation within a group will have a good impact on the members of the group, but it will not bring very bad effects to non-group members positive effect.

Although social capital is intangible and its forms are different, it still has its own distinctive characteristics. First of all, social capital is very similar to physical capital, financial capital, and human capital-they can both promote economic development and help control economic resources. Specifically, the same characteristics of these capitals include: (1) formed through accumulation; (2) the effect of scale; (3) need to be constantly updated; (4) productive.

The characteristics of social capital different from the above forms of capital are:

1. Gastil's free house

Traditional social capital in the sense of "relationship" in Chinese society is not lacking. The key lies in how to transform it into social capital in the sense of modern citizens.

Lin Nan, "Social Capital": Theory of Social Structure and Action [M]. Zhang Lei, translator, Shanghai:

Social capital is also of great significance to community governance, civil society and national welfare, and economic growth. The World Bank believes that the characteristic of social capital is that it shapes a system, relationship, and norm of the quality and quantity of social interaction. Social capital is not only the aggregate of the institutions that support a society, it is also the glue that holds them together. Social capital is an important prerequisite for economic growth, civil society, and effective government.