Presenter: Prof. Edward Lorenz (University of Nice/ GREDEG-CNRS) France
Date: 21 November 2014
Venue: IERI (Institute for Economic Research on Innovation) Lecture Hall, 159 Nana Sita Street,
Metro-Skinner Building, Pretoria CBD
Time: 11:00 – 13:00
Abstract
This paper investigates whether enterprises are more successful in their innovative activities in nations where social capital is more developed. The analysis is undertaken for a sample of firms in 23 developing nations. Multilevel modeling is used, linking micro-level data on the characteristics and innovative performance of enterprises to national-level measures of social capital. The analysis shows that social capital, defined as networks and patterns of social interaction, increases the likelihood that firms innovate. Further, it shows that the benefits of R&D expenditures and employee training for the firm’s innovation performance are moderated by the level of national social capital.
RSVP to Mr Lucas Madia at madiail@tut.ac.za or Phone 012 382 3077