Social capital may be defined as social networks, the norms of
reciprocity and trust that arise from them, and the application of
these assets in achieving mutual objectives. Social capital is
quite important for the efficient performance of modern economies
and for the development of a stable liberal democracy. The creation
of networks and trust, ideas central to mainstream thinking about
social capital, seem to be fundamental in allowing change to occur
smoothly. This book proposes certain designs, that appear to
encourage the social interactions of sense of belonging that lie at
the heart of the idea about social capital. The role of social
capital in the strategic organisation of family businesses are also
explored. While managers at other firms and government bureaucratic
officials have a positive and monotonic relationship with
performance, that for social capital from politicians has a
negative relationship with performance for non-family businesses.
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