Economics of Social Capital: Implications for Organizational Performance

Author:

Akdere Mesut1,Roberts Paul B.2

Affiliation:

1. Department of Administrative Leadership at the University of Wisconsin-Milwaukee

2. University of Texas at Tyler

Abstract

The problem and the solution. The role of social interactions and relationships at the individual, group/team, and organizational levels is becoming increasingly significant in today's workplace. Relationships in an organization may provide some unplanned opportunities, and social capital is considered a new tool with which to increase organizational performance. As a relatively new concept, social capital is still at the exploratory stage for human resource development professionals and researchers. However, social capital has yet to be explored from an economics perspective. This article aims to examine the economics of social capital and the implications for organizational performance.

Publisher

SAGE Publications

Subject

Organizational Behavior and Human Resource Management

Reference64 articles.

1. Alder, P. & Kwon, S.W. (2000). Social capital: The good, the bad and the ugly . In E. L. Lesser (Ed.), Knowledge and social capital (pp. 89-115). London: Butterworth-Heinemann.

2. The Duel of Honor: Screening For Unobservable Social Capital

3. Social capital and student learning: Empirical results from Latin American primary schools

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