This paper addresses two hot topics of the contemporary debate, social capital and economic growth. Our theoretical analysis sheds light on decisive but so far neglected issues: how does social capital accumulate over time? Which is the relationship between social capital, technical progress and economic growth in the long run? The analysis shows that the economy may be attracted by alternative...

This study develops and tests operational definitions of relational maintenance strategies appropriate to online public relations. An experiment was designed to test the new measures and to test hypotheses evaluating potential advantages of organizational blogs over traditional Web sites. Participants assigned to the blog condition perceived an organization’s ‘‘conversational human voice’’ to b...

Benhabib and Rustichini [Optimal taxes without commitment, J. Econ. Theory 77 (1997) 231–259] study the properties of optimal capital taxes in economies without commitment and no government debt. They find that capital taxes may be different from zero at steady state. This note shows that, once governments have the possibility of issuing debt and smoothing taxes over time, optimal steady state ...

Purpose – The city can be viewed from many perspectives. In this article the author’s perspective will be the city as knowledge tool. In the knowledge economy it might be argued that one of the most essential dimensions will be the relational as well as organizational dimensions, such as a city. The city is the larger context, or structural capital surrounding the human capital, for the value c...

A conceptual model is presented which integrates and extends insights from relational exchange theory (RET) and value exchange model (VEM) to discuss the efficacy of relational governance and valuecreating relational investments (VcRIs) to affect certain revenue-enhancing (relational) behaviours (ReBs). It is postulated that value-creating relational investments (VcRIs) made in a highly relatio...

With organizations entering knowledge-based economy, knowledge and as a result intangible assets is considered as one of the most important competitive advantages in organizations. Nowadays using intangible assets has a very significant influence on organizations’ success and survival social and intellectual capitals are among the most important intangible assets. Social capital enjoys being au...

Intellectual capital is said to be a source of competitive advantage and there is evidence that business success can be partly explained by its intellectual capital. It is argued that the main dimensions of social capital of relevance to intellectual capital are structural, cognitive, and relational capitals because these, among other things, foster the exchange of knowledge and resources among...