Tang family professor of sociology, duke university. Social capital, or resources accessed through such connections and relations, is critical along with human capital, or what a person or organization actually possesses in achieving goals for individuals, social groups, organizations, and communities. Social resources and social action explains the importance of using social connections and social relations in achieving goals. The first conceptualization of social capital emphasizes. May 20, 2002 in social capital, nan lin explains the importance of using social connections and social relations in achieving goals. It not only comprises of financial benefit but also includes expectative benefits that are derived. Social capital, intellectual capital social capital. The investment in social relations with the expectation of returns in the marketplace according to lin social capital adds value in these four ways. Lin 1999a, 2001 defined social capital at the individual level in a cogent and clear way.
Definition and theory to gain a better understanding of social capital, it is necessary to place it in the context of different theoretical types of. They argue that social networks are the foundation of social capital. Although social capital has been defined in several different ways by different experts, however, most commonly it can be called as the outcome of social relations. Social capital is a classic public good for local communities with positive spillover effects in neighbourhoods. Lin, 2001investment in social relations for expected returns. Influence opportunity to influence decision makers 3. In the past two decades, social capital in its various forms and contexts has emerged as one of the most salient concepts in social sciences. This paper attempts to show how the quality of the social fabric of a community or nation affects its capacity to deal with crises and to develop human and natural resources in ways that maintain and sustainably improve subjective wellbeing. Request pdf on jan 1, 2001, lin and others published building a network theory of social capital find, read and cite all the research you need on researchgate. Social norms drive behaviour, and are themselves determined by acquired social identities akerlof and kranton 2010. Like burt see chapter 4 in the present monograph, he also conceptualizes social capital as a structural entity.
Apr 25, 1997 social capital explains the importance of using social connections and social relations in achieving goals. Replacement happens when market information is so ambiguous that people use network structure as the best available information. Social capital to be still in an early phase of its exploration. Personal reinforcement professional image and position in. Review published in the economic record, vol 85, no 268, pp109110. Through such social relations or through social networks in general, an actor may. Social capital, or resources accessed through such connections and relations, is critical along with human capital, or what a person or organization actually possesses to individuals, social groups, organizations, and communities in obtaining their objectives. Nan lin, dan ao, and lijun song, production and return of social capital in urban china, in raymay hsung, nan lin, and ronald breiger eds. Social networks in communities, markets and organizations routledge, 2009, pp.
Social capital a theory of social structure and action in social capital, nan lin explains the importance of using social connections and social relations in achieving goals. New, original answers to the problems of our present transition are required. Social capital and wellbeing in times of crisis springerlink. Social capital at the individual level has been defined by many scholars in roughly similar ways. This chapter proceeds on the basis of a definition that combines insights. Finally, it addresses policy contexts and how they affect development of social capital, among other things by the formation of migrant associations, and thus, integration at the local level section 5. Social capital and sense of community are extraordinary resources for social life when they are intended to create larger social networks, to feed a basic set of shared meanings, values and feelings. The network structure of social capital sciencedirect. The bond market benefits of corporate social capital by. Gender, network chains, and embedded resources, pp. We study the extent to which a firms social capital, as measured by the intensity of a firms corporate social responsibility csr activities, affects firm. Building a network theory of social capital request pdf. Social capital by nan lin cambridge university press.
Nan lin born 1938 in chongqing, china is the oscar l. Nan lin social capital and its implications for development. The resource perspective nan lins concept of social capital. Social capital further provides a forum for ongoing research programs initiated by social scientists working at the crossroads of formal theory and new methods. Lins book on social capital appeared in 2001 providing a fully. The analytical framework is constructed using relevant concepts of social capital theories, primarily from nan lin s 2002 and uphoffs 2000 discussions of social capital. Social capital, encyclopedia of economic sociology, pp. Advances in research tentative title, edited by lin, nan. Social capital is conceptualized as 1 quantity andor quality of resources that an actor be it an.
Journal of health and social behavior, 108119, 1979. Our objective was to explore how different dimensions of social capital and healthrelated behaviours are associated, and whether health behaviours mediate this association between social capital and selfrated health and psychological wellbeing. Social capital is a theory that, in part, describes the catalyst for human social systems and networking. The other two mechanisms in figure 1, closure and brokerage, have been the foundation for work on social capital. Social capital is a relatively new concept in the social sciences. As the final social capital concept, we introduce nan lins ideas. Duke university lation and adaptation to exploitation work dif. In contrast to the other authors, he developed his concept in agreement with the general idea of capital and he considers other current social capital concepts. A theory of social structure and action by nan lin 2001 find, read. The network structure of social capital, july 2000, page 6 social capital research has accumulated, but they certainly could be, and so are likely to be in future if the social capital metaphor continues to be so popular. According to nan lin social capital adds value in 4 ways 1. These scholars and programs share certain understandings and approaches in their analyses of social capital. Defsmition and measurement social capital may be defined as investment and use of embedded resources in social relations for expected returns lin l999a, 2000. Tang family professor of sociology of the trinity college, duke university.
George stigler once observed that economists objections are so predictable, we would be. Primary theoretical propositionssocial capital is facilitated by. Social capital and health lijun song vanderbilt university joonmo son national university of singapore nan lin duke university word count. The analytical framework is constructed using relevant concepts of social capital theories, primarily from nan lins 2002 and uphoffs 2000 discussions of social capital. Like burt see chapter 4 in the present monograph, he also conceptualizes social capital as a. The investment in human knowledge and skills for future profit social capital. The bond market benefits of corporate social capital by hami. The essay begins with a discussion that places social capital in a family of capital theories, and points to its networkbased conceptual origin. From the viewpoint of the voluntary sector it is more useful to promote an understanding of social. It not only comprises of financial benefit but also includes expectative benefits that are derived from the cooperation between various groups and individuals. A theory of social structure and action, which has been praised as the definitive work on the subject of social capital, amongst others. In 2006 the worldbank released their last working paper on social capital titled analyzing social capital in context. Pierre bourdieu 1983 1986, nan lin 1982, 2001a, and james s.
Nahapiet and ghoshal, 1998, portes, 1998, sandefur and laumann, 1998, woolcock. Using firms corporate social responsibility csr activities to proxy for social capital, we find no relation between csr and bond spreads over the period 200520. It defines and explores methods humans employ to gain advantages. Social capital is fast becoming a core concept in business, political science, and sociology. Social capital, intellectual capital, and the organizational advantage janine nahapiet templeton college, university of oxford sumantra ghoshal london business school scholars of the theory of the firm have begun to emphasize the sources and conditions of what has been described as the organizational advantage. A network theory of social capital 1 duke university nanlin. Cambridge core social theory social capital by nan lin.
Lins book on social capital appeared in 2001, providing a fully developed. Normativism fukuyama 1999, putnam 2000, sztompka 2007 social capital can be defined as an set of informal and formal values or. This cited by count includes citations to the following articles in scholar. Social capital, trust, and firm performance during the. In social capital, nan lin explains the importance of using social connections and social relations in achieving goals. In 2008 the handbook of social capital called social capital a relatively new concept in the social sciences. The implications of this article are that researchers investigating sport and social capital need to understand more about how social networks and places for sport work to create social capital and in particular the changing dynamics of social class. Social credentials others will be more inclined to working with you if they believe critical personnel are standing with you 4. Bourdieu 1980, flap 2002, erickson 1996, flap 1999, lin 1999a, 2001 focused on social capital as an additional pool of resources for the individual, which may be helpful for the individuals goal attainment. Social capital is conceptualized as 1 quantity andor quality of resources that an actor be it an individual or group or community can access or use through 2 its location in a social network. The section definition and theory places social capital in a family of capital theories. Structuralism wellman 1999, lin 2001, cook 2004 social capital is defined as resources embeded in ones social network that can be accessed or mobilized ties in the networklin,2001 2. Social capital is defined as resources embedded in ones social networks, resources that can be accessed or mobilized through ties in the networkslin 2001a. Lin 1 a network theory of social capital nan lin duke.
A network theory of social capital 1 duke university. We investigate whether a firms social capital, and the trust that it engenders, are viewed favorably by bondholders. The structure of prior relations among people and organizations in a market can affect, or replace, information. Information provide information about opportunities, alternatives, problems 2. Social networks, social capital and migrant integration at. In the last twenty or so years it has come to indicate that networks of social relationships represent a resource for both the individual and society, since they provide support for the individual and facilitate collective action. Negative effects of social capital management study guide.