Social capital, innovation and growth: Evidence from Europe

• Published in: European economic review Vol. 53; no. 5; pp. 544 - 567
• Main Authors: Akçomak, İ. Semih, ter Weel, Bas
• Format: Journal Article
• Language: English
• Published: Amsterdam Elsevier B.V 01.07.2009; Elsevier; Elsevier Sequoia S.A
• Series: European Economic Review
• Subjects: Economic growth; Economic models; Estimates; Europe; European Union; Innovation; Innovations; Per capita; Per capita income; Social capital; Social capital Innovation Economic growth European Union; Studies; Europe; O1; Innovation; O3; Economic growth; European Union; O52; Z13; Social capital

This paper investigates the interplay between social capital, innovation and per capita income growth in the European Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels. In an empirical investigation of 102 European regions in t...