2. “The new economy begins with technology and
ends with trust.” - Alan Webber, Founder of Fast
Company Magazine
3. Social Capital
“Social capital—understood roughly as the goodwill
that is engendered by the fabric of social relations
and that can be mobilized to facilitate action.“
(Adler and Kwon 2002)
4. How to define Social Capital
A. Groups of Individuals:
“the sum total of commitment, resources, and skills
that a community can mobilize and deploy the
address community problems and strengthen
community assets.” (Mayer)
B. Networks:
“The more relationships you have, the more you
can mix and match. This will increase your
opportunities to help others.” (Eichler)
5. Like other Capital
Social capital is a long-lived asset into which other
resources can be invested, with the expectation of a
future flow of benefits.
Social capital is both "appropriable" (used for other
purposes friends for info gathering) and
"convertible" (used for gain or advantage)
Social capital can either be a substitute for or can
complement other resources. (not what you
have, but who you know)
6. Not like (all) Capital
Social capital needs maintenance
Social capital is a collective good
Social capital "located" not in the actors but in their
relations with other actors.
Social capital is unlike other assets because
investments in its development do not seem
amenable to quantified measurement.
7. Human Capacity/Skills
What we know connects us to other people.
We connect to other people based on their Human
capital
We connect in search of benefit/exchange
affection, emotional
support, information, knowledge, material goods.
9. Motivation/Leadership
Shared destinies, norms and trust.
I'll do this for you, because you are more powerful
I'll do this for you now, if you do that for me now
I'll do this for you now, knowing that somewhere
down the road you'll do something for me
12. Weak / Strong Ties
Weak ties facilitate the cost-effective search for
codifiable information and that strong ties facilitate
the cost-effective transfer of complex information
and tacit knowledge.
Tacit
adjective
implicit, understood, implied, hinted, suggested;
unspoken, unstated, unsaid, unexpressed, unvoiced;
taken for granted, taken as read, inferred.
antonym explicit.
17. Last Thoughts
“I never teach my pupils; I
only attempt to provide the
conditions in which they can
learn.” - Albert Einstein
“If the structure does not
permit dialogue the
structure must be changed”
- Paolo Freire
“These are my principles
and if you don't like
them...well, I have others” -
GrouchoMarx