Capital goods are embodied knowledge of how to produce. Therefore, capital development is a learning process, through which knowledge gets embodied in new capital goods. Because the necessary knowledge is dispersed among many people who must interact to communicate their particular, often tacit knowledge, capital development is a social process. Because this interaction takes time and continual...

Online social networks may be important avenues for building and maintaining social capital as adult’s age. However, few studies have explicitly examined the role online communities play in the lives of seniors. In this exploratory study, U.S. seniors were interviewed to assess the impact of Facebook on social capital. Interpretive thematic analysis reveals Facebook facilitates connections to l...

Based on the data provided by the cultural authorities in the past 20 years, about 40 million audiences of cinema in Iran have been fallen. In other words, Iranians, on average, are spending only 15 minutes in a year at cinemas. The main objective of this study was to investigate this fact hence Bourdieu's theory was utilized to study the effects of social, cultural and economic capitals on cin...

Social Network Sites (SNSs) are a success story by example. User counts as well as page visits have rocketed in recent years. In this paper we propose to utilize Transaction Cost Theory (TCT) and Social Capital Theory (SCT) to make sense of what kind of social interaction is executed on SNSs and why. In doing so we will show how TCT can be applied to SNSs by proposing to include in the theory t...