Social capital, firm embeddedness and regional development
Regional StudiesPublished 1 November 2005
Philip Cooke, Nick Clifton, Mercedes Oleaga
Citations315
SJR quartileQ1
SJR score1.90
SNIP2.22
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Abstract
This paper presents the results of a research project examining the effects of social capital on the performance of small- and medium-sized enterprises (SMEs) in 12 UK regions. It first investigates the association between performance and social capital use at the firm level, then it seeks to move beyond the confines of the individual firm in order to relate these 'firm capabilities' findings to the meso-level to assess regional economic performance in relation to social capital. The research on the conscious use by firms of 'relational embeddedness' in markets shows this to be an important indicator of SME performance, but not conclusively of regional economic performance measured in terms of regional competitiveness.
Keywords
Social Sciences
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