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The role of social capital in today's economy Empirical evidence and proposal of a new model of intellectual capital

The role of social capital in today's economy Empirical evidence and proposal of a new model of... The rapid and well‐known evolution – considered by many observers to be revolutionary – from industrial society to knowledge society, defined by the importance of knowledge creation processes, is showing the relevance of the social capital of organizations. This study seeks to contribute to the development of this new concept. First, presents the theoretical background of social capital. Second, based on an intellectual capital approach, tests the situation of social capital in some Spanish companies, with a reference to the international landscape. The findings of the research support the convenience of the development of an integral framework for the management of intangibles that create future benefits, considering the relations with several social agents. Concludes by proposing a model of intellectual capital that expressly includes social capital. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Intellectual Capital Emerald Publishing

The role of social capital in today's economy Empirical evidence and proposal of a new model of intellectual capital

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Publisher
Emerald Publishing
Copyright
Copyright © 2004 Emerald Group Publishing Limited. All rights reserved.
ISSN
1469-1930
DOI
10.1108/14691930410567013
Publisher site
See Article on Publisher Site

Abstract

The rapid and well‐known evolution – considered by many observers to be revolutionary – from industrial society to knowledge society, defined by the importance of knowledge creation processes, is showing the relevance of the social capital of organizations. This study seeks to contribute to the development of this new concept. First, presents the theoretical background of social capital. Second, based on an intellectual capital approach, tests the situation of social capital in some Spanish companies, with a reference to the international landscape. The findings of the research support the convenience of the development of an integral framework for the management of intangibles that create future benefits, considering the relations with several social agents. Concludes by proposing a model of intellectual capital that expressly includes social capital.

Journal

Journal of Intellectual CapitalEmerald Publishing

Published: Dec 1, 2004

Keywords: Intangible assets; Intellectual capital; Corporate governance

References