In Good Company: How Social Capital makes Organizations Work

Type	Book, Whole
Author(s)	Cohen,D. , Prusak,L.
Publication year	2001
Notes	ID: COHEN2001; The concept of Social Capital: a sense of shared values in communities, has recently advanced by economic geographers as an indication of the economic value to regions or nations that is derived from connectedness between individuals. Here two Harvard Business School professors extend the argument to organisations suggesting that $"the stock of active connections among people: the trust, mutual understanding, and the shared values and behavoiurs that bind the members of human networks and communities and makes coperative action possible". $They seek to raise managerial awareness of the value of such connections in the modern economy and argue that they take space, and time, as well as trust, to build and develop. The precise distinction between, social capital, or intangible knowldege. or simply culture, is not made but the concept lends additional weight to the arguments already made (see occupier.org working paper 4) http://www.occupier.org/working_papers/working_paper4.pdf that it is the value of 'knowledge creation' or 'cultural reinforcement' which explains why some workplaces contribute more than others.
Start page	1
End page	224
Relevance to practice	General rather than specific
Evidence base	Weel argued
Readability	High

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