Innovation systems benefit from diversity, however, trust and social cohesion are important for building social capital. what are the tradeoffs/implications between diversity as a favorable feature in innovation systems and social cohesion, trust?
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Social capital and innovation: A comparative analysis of regional policies
Show all authors Lyndon Murphy Lyndon Murphy
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, Robert Huggins Robert Huggins
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, Piers Thompson Piers Thompson
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First Published August 5, 2015 Research Article DOI: http://dx.doi.org/10.1177/0263774X15597448
Article Information
Volume: 34 issue: 6, page(s): 1025-1057
Article first published online: August 5, 2015;Issue published: September 1, 2016
DOI: https://doi.org/10.1177/0263774X15597448
Lyndon MurphyCardiff Metropolitan University, UK
Robert HugginsCardiff University, UK
Piers ThompsonNottingham Trent University, UK
Corresponding Author: Robert Huggins, School of Planning and Geography, Cardiff University, Glamorgan Building, King Edward VII Avenue, Cardiff CF10 3WA. Email: hugginsr@cardiff. ac. uk
Abstract
This paper analyses how different forms of social capital are associated with different types of innovation across regional policy interventions. Taking the case of a continuum of three policy interventions incorporating both ‘hard’/traditional and ‘soft’/non-traditional innovation measures, the analysis finds that differing regional innovation programmes are connected with different forms of social capital generation. Significant associations are found between the types of innovation generated and differing forms of social capital. In particular, the elements of social capital associated with the benefits of social networks are positively related to softer forms of innovation. However, there is also evidence that the positive influence of social networks varies in strength across policy interventions, suggesting a strong contextual and environmental influence on this relationship. It is concluded that social capital should not be considered a panacea for increasing levels of innovative activity within regional policy programmes.
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Social capital and innovation: A comparative analysis of regional policies
LyndonMurphyCardiff Metropolitan University, UKRobertHugginsCardiff University, UKPiersThompsonNottingham Trent University, UK
We must think comprehensively, the national innovation system is not just awakened, but it is an accumulation of a bunch of innovations at a lower level. Thus, referring to innovation systems at the local as well as regional level (as part of the national), precisely the role of social capital becomes important. The innovation system at the local level is built on the strength of social capital. The diversity of capital that builds innovation systems at various local and regional levels is important to be considered in developing national innovation system. Thankyou