This paper argues that the internal organization of the ̄rm and the growth process interact strongly to determine simultaneously the power of incentives within the ̄rm and the growth rate of the economy. We show how agents within the ̄rm can invest either by using their own human capital or by relying on some form of reputational capital to secure implicit relationships within the ̄rm and we di...

Using individual data from Japan, this paper investigates how a neighbor’s immobility is associated with individual investment in social capital. It is found that local homeownership has a positive effect on individual investment and that this effect for individual homeowners is about 2.5 times larger than for renters.

3. SNS AS POLYVALENT TOOLS OF MULTILATERAL ASSOCIATION 10 3.1 Reinforcing existing offline relations 10 3.2 Conserving and revitalizing older relationships 11 3.3 Efficient use of social capital and management of many "weak ties" 12 3.4 Extended reach of highly trusted weak ties 14 3.5 Empowerment of informal network relations vis-à-vis formal institutional structures 16 3.6 Lowering the thresh...

The many challenges of distributed communication and the many challenges of intercultural collaboration have been researched and discussed at length in the literature. What is lacking is a combined approach that looks at both issues of distance and diversity in collaboration. We conducted research in a large, multinational technology company to better understand team configurational factors in ...