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Books > Business & Economics > Business & management > Ownership & organization of enterprises > Entrepreneurship
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The Creation And Destruction Of Social Capital (Paperback, New Ed)
Loot Price: R1,367
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The Creation And Destruction Of Social Capital (Paperback, New Ed)
Expected to ship within 12 - 19 working days
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Is social capital the 'missing link' in economics? In this vital
new book, the authors argue that the 'forgotten' production factor
of social capital is as crucial in economic decision-making as the
other more traditional factors of production such as physical,
financial and human capital. They attempt to bridge the gap between
theory and reality by examining the main factors that determine
entrepreneurship, co-operative movements and the creation and
destruction of social capital. To address the question of how
social capital is created and destroyed, the authors develop an
interdisciplinary approach combining political science, economics,
anthropology, sociology and history. They show how bridging social
capital enforces personal contact and acts as a lubricator for
human co-operation, whereas bonding social capital enforces
distance between people, increasing mistrust and, consequently,
transaction costs. They demonstrate how entrepreneurship can
facilitate voluntary collective action and create inclusive forms
of social capital. Crucial in this respect is that entrepreneurs
are motivated not only by economic incentives but also by social
motives. Applying historical and contemporary case studies, they
identify the serious human and economic consequences that result
when social capital is disregarded. The authors believe that the
implications of such a discovery demand a re-evaluation of
traditional economic theory. This book will contribute
substantially to academic and popular debates on social capital and
will be an invaluable source of reference for all social
scientists. It will particularly appeal to students and scholars of
public policy, economics, sociology, political science,
anthropology and history.
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