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Investing in Social Capital: Networks, trust, and beliefs in the Swedish furniture industry
Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management).
Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management).
2001 (English)In: International Studies of Management and Organization, ISSN 0020-8825, E-ISSN 1558-0911, Vol. 31, no 4, p. 89-108Article in journal (Refereed) Published
Abstract [en]

The article analyzes how social capital social networks and trust is created, addressing different levels of economic organization. Contrary to much literature on trust and social capital, the article also generates a role for policy efforts in creating social capital. It argues that social capital at the level of a national industry may accumulate when social learning processes centered around a few formalized economic networks change the dominant beliefs of managers. Core groups of succesful social capital investors may thus inspire industry-wide imitation, as well as drawing local firms into investment processes. The paper supports its theoretical observations by three empirical case studies of economic networking within the Swedish furniture industry. In this industry, which is poor in social capital, political efforts to promote economic networking may be an appropriate way of facilitating bottom-up institutional change.

Place, publisher, year, edition, pages
2001. Vol. 31, no 4, p. 89-108
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-1872DOI: 10.1080/00208825.2001.11656829OAI: oai:DiVA.org:hj-1872DiVA, id: diva2:32692
Available from: 2007-07-31 Created: 2007-07-31 Last updated: 2018-06-28Bibliographically approved

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Melander, AndersNordqvist, Mattias

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