question 1.1 and 1.2

Question 1

the role to social capital, knowledge capital and human capital

Social capital is about the value of social networks, bonding similar people and bridging between diverse people, with norms of reciprocity (Dekker and Uslaner 2001 ; Uslaner 2001^[12). Sander (2002, p. 213^] stated that ‘the folk wisdom that more people get their jobs from whom they know, rather than what they know, turns out to be true’. Adler and Kwon (2002) identified that the core intuition guiding social capital research is that the goodwill that others have toward us is a valuable resource. As such they define social capital as ‘the goodwill available to individuals or groups. Its source lies in the structure and content of the actor’s social relations. Its effects flow from the information, influence, and solidarity it makes available to the actor’ (Adler and Kwon 2002, p. 23) . Dekker and Uslaner (2001)^[ posited that social capital is fundamentally about how people interact with each other.























Q.1.2 WHAT IS THE TECHNO-ECONOMIC PARADIGM AND HOW CAN ONE DEVELOP FROM THIS

Q.1.2.


According to Sean,2014) Techno-economic paradigm shifts are at the core of general, innovation-based theory of economic and societal development as conceived by Carlota Perez. Her book on the subject, ‘Technological Revolutions and Financial Capital’, is a seminal enunciation of the theory, and has had immense influence on business strategy, state development programs and policy, and academic thinking on the subject.

‘Techno-Economic Paradigms’ presents a series of essays by the leading academics in the field discussing the theory of techno-economic paradigm shifts, and its role in explaining processes of innovation and development. This festschrift honors Carlota Perez, the founder of the theory 'techno-economic paradigm shift