today, in addition to physical capital, social capital, entrepreneurship is the determining factor. therefore, this study was designed to investigate the influence of social capital on entrepreneurship; to evaluate the impact of social capital on entrepreneurial innovation is the role of mediator. the study had a sample of 130 female entrepreneurs ilam through simple random sampling has been do...

Knowledge workers are critical for the production of goods and services in the information economy, and thus investment in human capital plays an increasingly important role in economic growth. Since firms cannot directly own human capital and cannot easily monitor or verify human capital investments made by their employees, they need to devise appropriate incentives to attract skilled employee...

We first construct a theoretical model of a regional economy with two sectors. One sector uses physical and creative capital—in the sense of Florida (The rise of creative class. Basic Books, New York, NY, 2002)—to produce a knowledge good that is traded. The other sector uses physical and social capital to produce a good that is not traded. Second, we provide the first formal analysis of the cr...

This study addresses the macroeconomic effect of foreign aid on the factors of growth. Specifically, we examine the effects of foreign aid on capital investment (human capital, physical capital) in sub-Saharan Africa. Our methodological approach evaluates the effect of disaggregate aid (aid for infrastructure and aid for education) on capital investment. To test our postulate, we make use of pa...

A standard optimal investment model can be used to analyse an individual’s decision to accumulate social capital. We analyse six facts that support the predictions of this individualbased approach: (1) social capital first rises and then falls with age, (2) social capital declines with expected mobility, (3) social capital rises in occupations with greater returns to social skills, (4) social c...

OBJECTIVES To examine the extent to which individual and ecological-level cognitive and structural social capital are associated with common mental disorder (CMD), the role played by physical characteristics of the neighbourhood in moderating this association, and the longitudinal change of the association between ecological level cognitive and structural social capital and CMD. DESIGN Cross-...

In a simultaneous model of human and physical capital accumulation for 17 Latin American countries from 1975 to 2004, we show that overall resource dependence is not significantly related to physical and human capital. Disaggregating the natural resource variable into subcategories, we find that petroleum export dependence is associated with higher physical capital and lower human capital, whil...

Firms in many situations must make investment decisions long before they meet with new capital suppliers. In addition, most physical capital is specific to a task or location, thus implying potentially important switching costs in case negotiations between a firm and a supplier break down. The present paper analyzes the implications of these frictions. The sequentiality of investment makes it i...

We study the mechanisms according to which social infrastructure influences the preservation of physical capital and, consequently, economic growth. The presented model considers that social infrastructure is a specific type of human capital, which acts in order to preserve already existing physical capital, by, e.g. reducing the incentive for rent seeking or corruption. Using an innovative met...