Social Capital & Self Governance

Social capital plays a very important role in deciding the competitiveness of the region. It can be considered as economic output of social relations. These outcomes may be very positive, less positive or even negative in a particular region.

As the name itself suggests, social capital like money capital is an important competiveness factor. In the context of cluster competitiveness social capital means existence of networks, norms and relation among different stakeholders. Building social capital is a delicate task and need to handle with care. Our experience of working in clusters with different level of social capital puts us in a unique position in improving the social capital.

Our experts work towards decreasing the information gaps and thus increasing the possibility of acceptance of new and innovative ideas in the clusters. This higher level of social capital and self governance motivate people to take mutually beneficial collective and cooperative actions.