Social Capital and Innovation – Can Social Trust Explain the Technological Innovation of the High-performing East Asian Eonomies?

The economic success and innovative outcomes of the high performing East Asian countries, albeit often characterized as low-trust societies, suggests reexamination of the presumed positive relationship between social trust and innovation. Multi-level analyses conducted in this paper reveal that the...

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Pubblicato in:MAGKS - Joint Discussion Paper Series in Economics (Band 30-2018)
Autore principale: Cho, Seo-Young
Natura: Articolo
Lingua:inglese
Pubblicazione: Philipps-Universität Marburg 2018
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Riassunto:The economic success and innovative outcomes of the high performing East Asian countries, albeit often characterized as low-trust societies, suggests reexamination of the presumed positive relationship between social trust and innovation. Multi-level analyses conducted in this paper reveal that the role of social capital in innovation is different in East Asia. Shared social norms such as growth primacy and reciprocity and values of accepting competition and performance-based incentives are the most essential driving-force of innovation in the East Asian countries, whereas social trust does not play a positive role there. The importance of the shared social norms and collective goals can be explained by the prominent role of the state in the East Asian development.
Descrizione fisica:27 Seiten
ISSN:1867-3678
DOI:10.17192/es2024.0583