The document discusses the importance of social capital for economic development. It describes social capital as the social networks and norms of reciprocity within a society that enhance cooperation for mutual benefit. The paper argues that social capital is crucial for economic progress because it allows individuals to coordinate actions more efficiently and work together to pursue shared objectives.
Original Description:
Jens Beckert (1999).
Original Title
Agency, Entrepreneurs, And Institutional Change. The Role of Strategic Choice and Institutionalized Practices in Organizations
The document discusses the importance of social capital for economic development. It describes social capital as the social networks and norms of reciprocity within a society that enhance cooperation for mutual benefit. The paper argues that social capital is crucial for economic progress because it allows individuals to coordinate actions more efficiently and work together to pursue shared objectives.
The document discusses the importance of social capital for economic development. It describes social capital as the social networks and norms of reciprocity within a society that enhance cooperation for mutual benefit. The paper argues that social capital is crucial for economic progress because it allows individuals to coordinate actions more efficiently and work together to pursue shared objectives.
from the SAGE Social Science Collections. All Rights Reserved.
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