458
Views
7
CrossRef citations to date
0
Altmetric
Articles

Social capital, personal values and economic development: effect on innovation. An international analysis

, & ORCID Icon
Pages 70-95 | Received 11 Sep 2018, Accepted 21 May 2019, Published online: 10 Jun 2019

References

  • Acs, Z., and D. Audretsch. 2005. “Entrepreneurship, Innovation, and Technological Change.” Foundations and Trends in Entrepreneurship 15: 1–65.
  • Acs, Z., E. Autio, and L. Szerb. 2014. “National Systems of Entrepreneurship: Measurement Issues and Policy Implications.” Research Policy 43: 476–494.
  • Acs, Z., and L. Szerb. 2011. The Global Entrepreneurship and Development Index 2012. Cheltenham: Edward Elgar Publishers.
  • Audretsch, D., and R. Thurik. 2001. “Whats New about the New Economy? Sources of Growth in the Managed and Entrepreneurial Economies.” Industrial and Corporate Change 10 (1): 267–315.
  • Barata, J. M., and E. Fontainha. 2017. “Determinants of Innovation in European Construction Firms.” Technological and Economic Development of Economy 23 (6): 915–936.
  • Baumol, W. J. 1968. “Entrepreneurship in Economic Theory.” The American Economic Review 582: 64–71.
  • Beugelsdijk, S., and M. J. Klasing. 2016. “Diversity and Trust: The Role of Shared Values.” Journal of Comparative Economics 44 (3): 522–540.
  • Bilsky, W., T. Gollan, S. Roccas, H. Grad, M. L. M. Teixeira, M. Rodriguez, I. Schweiger Gallo, and L. Segal-Caspi. 2015. “On the Relative Importance of Personal Values. Validating Schwartzs Theory of Value Structures by Computerized Paired Comparisons.” Journal of Individual Differences 36: 119–129.
  • Bilsky, W., M. Janik, and S. H. Schwartz. 2011. “The Structural Organization of Human Values-Evidence from Three Rounds of the European Social Survey (ESS).” Journal of Cross-Cultural Psychology 42: 759–776.
  • Bjørnskov, C., and P. G. Méon. 2015. “The Productivity of Trust.” World Development 70: 317–331.
  • Boomsma, A. 2000. “Reporting Analyses of Covariance Structures.” Structural Equation Modeling: A Multidisciplinary Journal 7 (3): 461–483.
  • Bourdieu, P. 1986. “The Forms of Capital.” In Handbook of Theory and Research for the Sociology of Education, edited by J. Richardson, 241–258. New York: Greenwood.
  • Camps, S., and P. Marques. 2014. “Exploring How Social Capital Facilitates Innovation: The Role of Innovation Enablers.” Technological Forecasting and Social Change 88: 325–348.
  • Coleman, J. S. 1988. “Social Capital in the Creation of Human Capital.” American Journal of Sociology 94: S95–S120.
  • Crescenzi, R., L. Gagliardi, and M. Percoco. 2013. “Social Capital and the Innovative Performance of Italian Provinces.” Environment and Planning A: Economy and Space 45: 908–929.
  • Daghfous, A. 2006. “Absorptive Capacity and Innovative Enterprise Systems: A Two-Level Framework.” International Journal of Innovation and Learning 41: 60–73.
  • D’Agostino, L. M., and R. Moreno. 2018. “Exploration during Turbulent Times: An Analysis of the Relation Between Cooperation in Innovation Activities and Radical Innovation Performance during the Economic Crisis.” Industrial and Corporate Change 27: 387–412. doi:10.1093/icc/dtx035.
  • Dakhli, M., and D. De Clercq. 2004. “Human Capital, Social Capital, and Innovation: A Multi-Country Study.” Entrepreneurship and Regional Development 16: 107–128.
  • Dasgupta, P. 2013. “National Wealth.” Population and Development Review 38: 243–264.
  • Davidsson, P., and B. Honig. 2003. “The Role of Social and Human Capital among Nascent Entrepreneurs.” Journal of Business Venturing 18: 301–331.
  • Davis, L. S., and C. R. Williamson. 2016. “Culture and the Regulation of Entry.” Journal of Comparative Economics 44 (4): 1055–1083.
  • Dinesen, P. T., A. S. Nørgaard, and R. Klemmensen. 2014. “The Civic Personality: Personality and Democratic Citizenship.” Political Studies 62: 134–152.
  • Dobewall, H., and M. Strack. 2014. “Relationship of Ingleharts and Schwartzs Value Dimensions Revisited.” International Journal of Psychology 49: 240–248.
  • Doh, S., and Z. J. Acs. 2009. “Innovation and Social Capital: A Cross-Country Investigation.” Jena Economic Research Papers, 2009-082. Friedrich Schiller University and the Max Planck Institute of Economics.
  • Dollinger, S. J., P. A. Burke, and N. W. Gump. 2007. “Creativity and Values.” Creativity Research Journal 19 (2-3): 91–103.
  • Doloreux, D., R. Shearmur, and M. Rodriguez. 2016. “Determinants of R&D in Knowledge-Intensive Business Services Firms.” Economics of Innovation and New Technology 25 (4): 391–405.
  • Dovey, K. 2009. “The Role of Trust in Innovation.” The Learning Organization 16: 311–325.
  • Dutta, S., L. Bruno, and S. Wunsch-Vincent. 2015. “The Global Innovation Index 2015: Effective Innovation Policies for Development.” WIPO.
  • Efrat, K. 2014. “The Direct and Indirect Impact of Culture on Innovation.” Technovation 34: 12–20.
  • European Social Survey 2012. 2014. ESS Resources. http://www.europeansocialsurvey.org/essresources/.
  • Fagerberg, J., M. Srholec, and B. Versbagen. 2009. Innovation and Economic Development. Working Paper No. 2009-032. UNUMerit.
  • Filip, F. G., C. Ciurea, H. Dragomirescu, and I. Ivan. 2015. “Cultural Heritage and Modern Information and Communication Technologies.” Technological and Economic Development of Economy 21 (3): 441–459.
  • Fontaine, J. R. J., Y. H. Poortinga, L. Delbeke, and S. H. Schwartz. 2008. “Structural Equivalence of the Values Domain across Cultures: Distinguishing Sampling Fluctuations from Meaningful Variation.” Journal of Cross-Cultural Psychology 39: 345–365.
  • Glew, D. J. 2009. “Personal Values and Performance in Teams: And Individual and Team-Level Analysis.” Small Group Research 40: 670–693.
  • Granovetter, M. 1983. “The Strength of Weak Ties: A Network Theory Revisited.” Sociological Theory 1: 201–233.
  • Granovetter, M. 1985. “Economic Action and Social Structure: The Problem of Embeddedness.” American Journal of Sociology 91 (3): 481–510.
  • Grootaert, C. 1998. “Social Capital: The Missing Link.” In Social Capital Working Paper Seriesife. Washington: Social Development Department Publications, The World Bank.
  • Grootaert, C., and T. V. Bastelaer. 2001. Understanding and Measuring Social Capital: Social Capital Initiative Working Paper. 24. World Bank.
  • Gundelach, B., and R. Traunmüller. 2014. “Beyond Generalised Trust: Norms of Reciprocity as an Alternative Form of Social Capital in an Assimilationist Integration Regime.” Political Studies 62: 596–617.
  • Gundlach, G. T., R. S. Achrol, and J. T. Mentzer. 1995. “The Structure of Commitment in Exchange.” Journal of Marketing 59 (1): 78–92.
  • Hanel, P. H., and U. Wolfradt. 2016. “The ‘Dark Side’ of Personal Values: Relations to Clinical Constructs and their Implications.” Personality and Individual Differences 97: 140–145.
  • Heine, S. J., D. R. Lehman, H. R. Markus, and S. Kitayama. 1999. “Is There a Universal Need for Positive Self-Regard?” Psychological Review 106: 766–794.
  • Held, M., J. Mueller, F. Deutsch, and C. Welzel. 2009. “Value Structure and Dimensions. Empirical Evidence from the German World Values Survey.” World Values Research 23: 55–76.
  • Herbig, P., and S. Dunphy. 1998. “Culture and Innovation.” Cross Cultural Management: An International Journal 5: 13–21.
  • Herdin, T., and W. Aschauer. 2013. “Value Changes in Transforming China.” Kome: An International Journal of Pure Communication Inquiry 21: 1–22.
  • Hofstede, G. H. 1991. Cultures and Organizations: Software of the Mind. London and New York: McGraw-Hill.
  • Hofstede, G. H. 2001. Cultures Consequenses: Comparing Values, Behaviors, Insititutions, and Organizations across Nations. Beverly Hills: Sage Publications.
  • Hofstede, G. H. 2003. Cultures Consequences: Comparing Values, Behaviors, Institutions and Organizations across Nations. Newbury Park: Sage Publications.
  • Hooper, D., J. Coughlan, and M. Mullen. 2008. “Structural Equation Modelling: Guidelines for Determining Model Fit.” Electronic Journal of Business Research Method 61: 53–60.
  • Inglehart, R. 1971. “Changing Value Priorities and European Integration.” JCMS: Journal of Common Market Studies 10: 1–36.
  • Inglehart, R. 1997. Modernization and Postmodernization. Princeton, NJ: Princeton University Press.
  • Inglehart, R. 2007. “Mapping Global Values.” In Measuring and Mapping Cultures: 25 Years of Comparative Value Surveys, edited by Y. Esmer and T. Pettersson, 11–32. Leiden: Brill.
  • Inglehart, R., and W. Baker. 2000. “Modernization, Cultural Change, and the Persistence of Traditional Values.” American Sociological Review 65: 19–51.
  • Ivančič, A., D. Podmenik, and A. Hafner. 2014. “Independent Inventors, Social Capital, and Knowledge Transfer – the Case of Slovenia.” Innovation: The European Journal of Social Science Research 27 (3): 238–253.
  • Jiang, L., and B. C. O’Neill. 2018. “Determinants of Urban Growth during Demographic and Mobility Transitions: Evidence from India, Mexico, and the US.” Population and Development Review. doi:10.1111/padr.12150.
  • Kaasa, A. 2009. “Effects of Different Dimensions of Social Capital on Innovative Activity: Evidence from Europe at the Regional Level.” Technovation 29: 218–233.
  • Kaasa, A., and M. Vadi. 2010. “How Does Culture Contribute to Innovation? Evidence from European Countries.” Economics of Innovation and New Technology 19: 583–604.
  • Kirmanoğlu, H., and C. Başlevent. 2012. “Using Basic Personal Values to Test Theories of Union Membership.” Socioeconomic Review 10 (4): 683–703.
  • Kline, R. B. 2005. Principles and Practice of Structural Equation Modeling. New York: The Guilford Press.
  • Knack, S., and P. Keefer. 1997. “Does Social Capital Have an Economic Payoff? A Cross-Country Investigation.” The Quarterly Journal of Economics 112: 1251–1288.
  • Knafo, A., S. Roccas, and L. Sagiv. 2011. “The Value of Values in Cross-Cultural Research: A Special Issue in Honor of Shalom Schwartz.” Journal of Cross-Cultural Psychology 42: 178–185.
  • Kouvo, A. 2011. “The Sources of Generalized Trust and Institutional Confidence in Europe.” Research on Finnish Society 4: 29–40.
  • Landes, D. 2006. “Why Europe and the West? Why Not China?” Journal of Economic Perspectives 20: 3–22.
  • Landry, R., N. Amara, and M. Lamari. 2002. “Does Social Capital Determine Innovation? To What Extent?” Technological Forecasting and Social Change 69: 681–670.
  • Laursen, K., F. Masciarelli, and A. Prencipe. 2012. “Regions Matter: How Localized Social Capital Affects Innovation and External Knowledge Acquisition.” Organization Science 23 (1): 177–193.
  • Lebedeva, N., E. Osipova, and L. Cherkasova. 2013. Values and Social Capital as Predictors. SEARCH Working Paper No. 5/09.
  • Leonard, M. 2004. “Bonding and Bridging Social Capital: Reflections from Belfast.” Sociology 38 (5): 927–944.
  • Lin, N. 2003. Social Capital, a Theory of Social Structure and Action. Cambridge: Cambridge University Press.
  • Liñán, F., J. Fernández, and I. Romero. 2013. “Necessity and Opportunity Entrepreneurship: The Mediating Effect of Culture.” Revista de Economía Mundial 33: 27–51.
  • Liñán, F., and J. Fernandez-Serrano. 2014. “National Culture, Entrepreneurship and Economic Development: Different Patterns across the European Union.” Small Business Economics 42: 685–701.
  • Liñán, F., and F. J. Santos. 2007. “Does Social Capital Affect Entrepreneurial Intentions?” International Advances in Economic Research 13 (4): 443–453.
  • Maillat, D. 1988. “La revitalisation des régions de tradition industrielle: le rôle des PME et du milieu.” Revue International PME 1 (1): 7–22.
  • Mansfield, E. 1984. “Comment on Using Linked Patent and R&D Data to Measure Interindustry Technology Flows.” In R&D, Patents, and Productivity, edited by Z. Griliches, 462–464. Chicago: University of Chicago Press.
  • Markus, H. R., and S. Kitayama. 1991. “Culture and the Self: Implications for Cognition, Emotion, and Motivation.” Psychological Review 98: 224–253.
  • Matvejeva, A. 2014. “Determinants of Persistence in Innovation: Evidence from the Case Study of the ‘Eye Microsurgery’ Complex.” Economics of Innovation and New Technology 23 (5-6): 544–562.
  • McCrae, R. R., P. T. Costa Jr, F. Ostendorf, A. Angleitner, M. Hřebíčková, M. D. Avia, J. Sanz, et al. 2000. “Nature Over Nurture: Temperament, Personality, and Life Span Development.” Journal of Personality and Social Psychology 78: 173–186.
  • Mulaik, S. A. 2009. Linear Causal Modeling with Structural Equations. Boca Raton, Fl.: Chapman and Hall/CRC: Taylor and Francis Group.
  • Murphy, J. T. 2002. “Networks, Trust, and Innovation in Tanzanias Manufacturing Sector.” World Development 30 (4): 591–619.
  • Nahapiet, J., and S. Ghoshal. 1998. “Social Capital, Intellectual Capital, and the Organizational Advantage.” Academy of Management Review 23 (2): 242–266.
  • North, D. C. 1990. Institutions, Institutional Change and Economic Performance. Cambridge: Cambridge University Press.
  • OECD. 2005. Oslo Manual: Guidelines for Collecting and Interpreting Innovation Data. 3rd ed. EUROSTAT & OCDE. http://www.oecd.org/sti/inno/oslomanualguidelinesforcollectingandinterpretinginnovationdata3rdedition.htm.
  • Pasimeni, P. 2007. “Social Capital, Culture and Innovation: A Different Perspective.” In Europe: Reflections on Social Capital, Innovation and Regional Development: The Ostuni Consensus, edited by M. Landabaso, A. Kuklinski, and C. Román, 203–219. Nowy Sacz: Wyzsza Szokola Biznesu/ National Louis University.
  • Peters, H. P., J. T. Lang, M. Sawicka, and W. K. Hallman. 2007. “Culture and Technological Innovation: Impact of Institutional Trust and Appreciation of Nature on Attitudes towards Food Biotechnology in the USA and Germany.” International Journal of Public Opinion Research 19: 191–220.
  • Pinillos, M. J., and L. Reyes. 2011. “Relationship between Individualist–Collectivist Culture and Entrepreneurial Activity: Evidence from Global Entrepreneurship Monitor Data.” Small Business Economics 37: 23–37.
  • Piore, M. J., and C. F. Sabel. 1984. The Second Industrial Divide: Possibilities for Prosperity. New York: Basic Books.
  • Porter, M. E., J. D. Sachs, and J. W. McArthur. 2002. “Executive Summary: Competitiveness and Stages of Economic Development.” In The Global Competitiveness Report 2001–2002, edited by M. E. Porter, J. D. Sachs, P. K. Cornelius, J. W. McArthur, and K. Schwab, 16–25. New York: Oxford University Press.
  • Portes, A. 1998. “Social Capital: Its Origins and Applications in Modern Sociology.” Annual Review of Sociology 24 (1): 1–24.
  • Putnam, R. D. 1993. Making Democracy Work: Civic Traditions in Modern Italy. Princeton, NJ: Princeton University Press.
  • Putnam, R. D. 2000. Bowling Alone: The Collapse and Revival of American Community. New York: Simon and Schuster.
  • Qian, H. 2013. “Diversity Versus Tolerance: The Social Drivers of Innovation and Entrepreneurship in US Cities.” Urban Studies 50 (13): 2718–2735.
  • Rokeach, M. 1973. The Nature of Human Values. New York: Free Press.
  • Rossberger, R. J., and D. E. Krause. 2012. “National Culture, Heterogeneity and Innovation New Insights into the Relationship between the GLOBE Dimensions and National Level Innovation.” GSTF Journal of Law and Social Sciences (JLSS) 2 (1): 84–89.
  • Rostow, W. W. 1960. The Stages of Economic Growth: A Non-Communist Manifesto. Cambridge: Cambridge University Press.
  • Rubalcaba, L., D. Aboal, and P. Garda. 2016. “Service Innovation in Developing Economies: Evidence from Latin America and the Caribbean.” The Journal of Development Studies 52 (5): 607–626.
  • Sagiv, L. 2002. “Vocational Interests and Basic Values.” Journal of Career Assessment 10: 233–257.
  • Schøtt, T., and K. W. Jensen. 2016. “Firms Innovation Benefiting from Networking and Institutional Support: A Global Analysis of National and Firm Effects.” Research Policy 45: 1233–1246.
  • Schumpeter, J. A. 1934. The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle. Brunswick: Transaction publishers.
  • Schwartz, S. H. 1992. “Universals in the Content and Structure of Values: Theoretical Advance and Empirical Tests in 20 Countries.” Advances in Experimental Social Psychology 25: 1–65.
  • Schwartz, S. H. 2012. “An Overview of the Schwartz Theory of Basic Values.” Online Readings in Psychology and Culture 2 (1): 11.
  • Schwartz, S. H., and A. Bardi. 1997. “Influences of Adaptation to Communist Rule on Value Priorities in Eastern Europe.” Political Psychology 18: 385–410.
  • Shane, S. A. 1992. “Why do Some Societies Invent More Than Others?” Journal of Business Venturing 7: 29–46.
  • Shane, S. A. 1993. “Cultural Influences on National Rates of Innovation.” Journal of Business Venturing 8: 59–73.
  • Stöhr, W. B. 1986. “Regional Innovation Complexes.” Papers in Regional Science 591: 29–44.
  • Taylor, M. Z., and S. Wilson. 2012. “Does Culture Still Matter?: The Effects of Individualism on National Innovation Rates.” Journal of Business Venturing 27: 234–247.
  • Tigabu, A. D., F. Berkhout, and P. van Beukering. 2015. “Technology Innovation Systems and Technology Diffusion: Adoption of Bio-Digestion in an Emerging Innovation System in Rwanda.” Technological Forecasting and Social Change 90: 318–330.
  • Tura, T., and V. Harmaakorpi. 2005. “Social Capital in Building Regional Innovative Capability.” Regional Studies 39: 1111–1125.
  • Uphoff, N. 2000. “Understanding Social Capital: Learning from the Analysis and Experience of Participation.” In Social Capital: A Multifaceted Perspective, edited by P. Dasgupta and I. Serageldin, 215–252. Washington: World Bank.
  • Uslaner, E. M. 2008. “The Foundations of Trust: Macro and Micro.” Cambridge Journal of Economics 322: 289–294.
  • Vasilaky, K. N., and K. L. Leonard. 2018. “As Good as the Networks they Keep?: Improving Outcomes through Weak Ties in Rural Uganda.” Economic Development and Cultural Change 66 (4): 755–792.
  • Waarts, E., and Y. Van Everdingen. 2005. “The Influence of National Culture on the Adoption Status of Innovations: An Empirical Study of Firms across Europe.” European Management Journal 23: 601–610.
  • Wennekers, S., A. van Wennekers, R. Thurik, and P. Reynolds. 2005. “Nascent Entrepreneurship and the Level of Economic Development.” Small Business Economics 24: 293–309.
  • Williams, L. K., and S. J. McGuire. 2010. “Economic Creativity and Innovation Implementation: The Entrepreneurial Drivers of Growth? Evidence from 63 Countries.” Small Business Economics 34: 391–412.
  • Wolfe, D. A., and J. Nelles. 2008. “The Role of Civic Capital and Civic Associations in Cluster Policy.” In Handbook of Research on Innovation and Clusters: Cases and Policies, edited by C. Karlsson, 374–392. Cheltenham: Edward Elgar Publishing Inc.
  • Woolcock, M. 1998. “Social Capital and Economic Development: Toward a Theoretical Synthesis and Policy Framework.” Theory and Society 27: 151–208.
  • Woolcock, M., and D. Narayan. 2000. “Social Capital: Implications for Development Theory, Research, and Policy.” The World Bank Research Observer 15 (2): 225–249.
  • WVS. 2013, 2014. World Values Survey Publications. http://www.worldvaluessurvey.org/WVSContents.jsp.
  • WVS. 2015. World Values Survey Data Analysis Tool. http://www.worldvaluessurvey.org/WVSOnline.jsp.
  • Yan, L., and J. Yan. 2013. “Leadership, Organizational Citizenship Behavior, and Innovation in Small Business: An Empirical Study.” Journal of Small Business and Entrepreneurship 26: 183–199.
  • Yang, K. P., C. Chou, and Y. J. Chiu. 2014. “How Unlearning Affects Radical Innovation: The Dynamics of Social Capital and Slack Resources.” Technological Forecasting and Social Change 87: 152–163.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.