On a source of social capital: Gift exchange

Wilfred Dolfsma*, Rene van der Eijk, Albert Jolink

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

48 Citations (Scopus)

Abstract

The concept of social capital helps to explain relations within and between companies but has not crystallized yet. As such, the nature, development, and effects of such relations remain elusive. How is social capital created, how is it put to use, and how is it maintained? Can it decline, and if so, how? We argue that the concept of social capital remains a black box as the mechanisms that constitute it remain underdeveloped and that it is a black hole as many empirical phenomena are attributed to its presence. We use and develop the literature on gift exchange to provide a firmer theoretical basis for the concept of social capital.

Original languageEnglish
Pages (from-to)315-329
Number of pages15
JournalJournal of Business Ethics
Volume89
Issue number3
DOIs
Publication statusPublished - Oct 2009
Externally publishedYes

Keywords

  • Exclusion
  • Gift exchange
  • Inclusion
  • Social capital
  • Social relations
  • Trust

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