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May 6, 2004



What Is Social Capital

 

What is Social Capital?

Here is a valuable compilation offered by Bala Pillai on the possible definitions of Social Capital. The list is an open-ended starting point that facilitates and stimulates better understanding of where and how the social capital component can be made to become an acknowledged and nurtured asset of the modern modular, decentralized and individual-centered community/enterprise.

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Definitions of Social Capital

  • The degree to which a community or society collaborates and cooperates (through such mechanisms as networks, shared trust, norms and values) to achieve mutual benefits. There are many definitions and discussions about social capital, for more information see Robert Putnam's Bowling Alone: America's Declining Social Capital

  • The value of social networks that people can draw on to solve common problems. The benefits of social capital flow from the trust, reciprocity, information, and cooperation associated with social networks.
    http://www.agtrade.org/glossary.cfm

  • ...is the attitude, spirit and willingness of people to engage in collective, civic activities. Over time, social capital builds what may be termed as social infrastructure, a key item discussed in the Strategic Social Plan.
    http://envision.ca/templates/aboutenvision.asp?ID=50

  • The attitude, spirit and willingness of people to engage in collective, civic activities. Over time, social capital builds what may be termed as social infrastructure. Topic areas:Fundraising and Financial Sustainability, Staff Development and Organizational Capacity, Operations Management and Leadership
    http://www.nonprofitbasics.org/ CompleteGlossary.aspx?ID=-1

  • - Skills and infrastructure that aid in social progress.

  • A "composite measure" which reflects both the breadth and depth of civic community (staying informed about community life and participating in its associations) as well as the public's participation in political life. It is characterized by a sense of social trust and mutual interconnectedness, which is enhanced over time though positive interaction and collaboration in shared interests.
    http://mapp.naccho.org/mapp_glossary.asp

  • Social capital represents the degree of social cohesion which exists in communities. It refers to the processes between people which establish networks, norms, and social trust, and facilitate coordination and cooperation for mutual benefit.

  • (Hackett, 1998, chapter 11). As the concept is used by sociologist James Coleman and political scientist Robert Putnam, refers to the stock of "civic virtues" and networks of civic engagement, involvement, reciprocity norms, trust, volunteerism, and sharing essential to democratic communities.

  • ...by analogy with notions of physical capital and human capital--tools and training that enhance individual productivity--"social capital" refers to features of social organisation, such as networks, norms, and trust that facilitate co-ordination and co-operation for mutual benefit. Social capital enhances the benefits of investment in physical and human capital.
    http://www.senscot.net/LD/Articles/Glossary.asp

  • The relationships, human networks, language, etc., possessed by the individuals in the organization.
    Source: Department of the Navy IM/IT Workforce Strategic Plan, Fiscal years 2001-2006





    Source: Google fountain
    by Bala Pillai

    Bala Pillai
    Bala Pillai
    Inventor/Producer,
    APIC Mind Colonies/Halls Without Walls
    Sydney, Australia

    http://www.ryze.com/go/bala

    originally published on:
    Bala Pillai - Mindecos
    http://groups.yahoo.com/group/mindecos/message/1913

    Reprinted with permission of the author.

    • Conversation Tags:
     
    Readers' Comments    
    2006-12-16 04:17:47

    ashraf ezzat

    it would be great if there will be a way or another to integrate all ideas of the interested people in such important issue


    2005-03-07 11:26:54

    Saharia Kanak

    Hi!
    Can anyone send me sample questionnaire of social capital research? Your cooperation would be really helpful for my Ph.D. study.


    2005-01-09 21:46:46

    mohamad habili

    hi
    iwould like to receive newsletter
    thanks


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    2004-08-01 19:23:25

    Eminem

    ...by analogy with notions of physical capital and human capital--tools and training that enhance individual productivity--"social capital" refers to features of social organisation, such as networks, norms, and trust that facilitate co-ordination and co-operation for mutual benefit.


    2004-07-31 16:40:46

    Social Networking

    how much social capital due social networking services such as Friendster, Tribe.net and or Orkut contain...Is this the reason Google offered Friendster $40 million about 6 months ago???


    2004-07-30 15:46:19

    Lloyd Banks

    How does social capital work?
    The term social capital emphasizes not just warm and cuddly feelings, but a wide variety of quite specific benefits that flow from the trust, reciprocity, information, and cooperation associated with social networks. Social capital creates value for the people who are connected and - at least sometimes - for bystanders as well.


    2004-05-30 21:08:25

    Craig Hubley

    Here's a definition I've used in my work since 1999:

    "Social capital is trust available to all members of a community (e.g. family, customer base) often protected by trademark, other brands, labels, flags, trust symbols. human capital includes these relationships and expectations and experiences of trust. When questioned or measured, such trust is reduced, so it should be audited only at times and by people who are not amenable to conflict of interest. Credit ratings for instance determine disbursement of financial capital"
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