Rethinking social capital theory: a knowledge management perspective

Purpose - This paper seeks to argue the relevance of knowledge management (KM) to the development of social capital, and to enhancing the capacity to take effective action in human social systems.Design methodology approach - The study applies a pluralistic definition of knowledge (including subject...

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Bibliographic Details
Published in:Journal of knowledge management 2006-09, Vol.10 (5), p.124-136
Main Authors: McElroy, Mark W, Jorna, René J, van Engelen, Jo
Format: Article
Language:English
Subjects:
Collective action
Constructivism
Design engineering
Economic aspects
Human
Innovation
Knowledge management
Language
Learning
Networks
Norms
Orientation
Schools
Social aspects
Social capital
Social innovation
Social progress
Society
Sociology
Studies
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Summary:Purpose - This paper seeks to argue the relevance of knowledge management (KM) to the development of social capital, and to enhancing the capacity to take effective action in human social systems.Design methodology approach - The study applies a pluralistic definition of knowledge (including subjective beliefs in minds and objective claims expressed in language) to show that most forms of social capital reduce to knowledge.Findings - First, social capital mostly comprises knowledge (trust, beliefs, rules, and norms). Second, the capacity to individually and collectively learn (in networks) is therefore arguably the most important form of social capital, even if rarely acknowledged as such in the literature. Third, because of the importance of learning and innovation to the production of social capital in society and organizations, KM has an important role to play in related development efforts.Practical implications - The paper introduces social capital constructivism. Practicing it to strengthen social capital can enhance the capacity to take effective action in human social systems. This points to a new value proposition and functional orientation for KM: to enhance the human capacity to take effective action by fostering the growth and development of social capital.Originality value - The thesis reveals social capital as consisting mostly of knowledge, and shows how KM can enhance a human capacity to take effective action in social systems by fostering the production of social capital itself.
ISSN:1367-3270
1758-7484
DOI:10.1108/13673270610691233