According to Dictionary.com’s Finanacial Dictionary:
Defining Social Capital:
An economic idea that refers to the connections between individuals and entities that can be economically valuable. Social networks that include people who trust and assist each other can be a powerful asset. These relationships between individuals and firms can lead to a state in which each will think of the other when something needs to be done. Along with economic capital, social capital is a valuable mechanism in economic growth.
Let’s look at this more…
What is it? How does it work? And… how does social capital lend a hand?