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Social capital, firm embeddedness and regional development

Cooke, Philip Nicholas, Clifton, Nicholas Charles and Oleaga, Mercedes 2005. Social capital, firm embeddedness and regional development. Regional Studies 39 (8) , pp. 1065-1079. 10.1080/00343400500328065

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This paper presents the results of a research project examining the effects of social capital on the performance of small- and medium-sized enterprises (SMEs) in 12 UK regions. It first investigates the association between performance and social capital use at the firm level, then it seeks to move beyond the confines of the individual firm in order to relate these 'firm capabilities' findings to the meso-level to assess regional economic performance in relation to social capital. The research on the conscious use by firms of 'relational embeddedness' in markets shows this to be an important indicator of SME performance, but not conclusively of regional economic performance measured in terms of regional competitiveness.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Neuroscience and Mental Health Research Institute (NMHRI)
Geography and Planning (GEOPL)
Uncontrolled Keywords: Social capital ; Embeddedness ; Networks ; Small- and medium-sized enterprises (SMEs) ; Regional development
Publisher: Routledge
ISSN: 1360-0591
Last Modified: 07 Nov 2019 09:09

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