Expanded reproduction in social capital

2017-11-16

• with ordinary capital (money) reproduction on an enlarged or expanded scale.

  • Doing business and making money = getting money.
  • Invest that money in expanding your business.
  • More money available.

• Image of investing in factory machinery

  • knowledge capital Expansion and reproduction in

  • Doing business and making money = getting money.

  • Invest that money in knowledge acquisition.

  • Based on that knowledge, you get a lot more knowledge.

  • You get more money for your knowledge.

  • SOC in extended reproduction

  • Doing business and making money = getting money.

  • Invest that money in social capital (internal and external contacts, good corporate culture, etc.)

  • Based on that social capital, more social capital and knowledge is available.

  • More money is available through social capital and knowledge.

What is personal connections, a type of social capital?

• It's not "I know."

  • I know about Mr. XXX - so what is it?"

• Rather, it is "known."

  • And of course, "known in a good way."
    • May be read as "there is trust"
  • You can influence their behavior."
    • Specifically, for example, they can accept "Would you like to have a lunch meeting?
      • Holding a busy manager for an hour is a pretty high hurdle.
    • It's not the same as running it on an order based on employment.
      • It's influencing their behavior with a "salary" monetary compensation.
      • Management of relationships with people who are generally not in a hierarchical or employment relationship.

• Communities where the appeal of acquaintance is valuable. Interesting perspective on the growth of social capital.

• Financial capital does not grow on its own.

• Financial capital grows in ways such as owning equity in a growing business

• Knowledge capital does not grow on its own.

• Knowledge capital grows by exchanging it with people who have a lot of different knowledge capital from you.

  • Social capital grows on its own.

• Because we are essentially growing "human beings".

facebook

2024-01-29

• Not enough understanding in 2017.
  • There is no need to convert knowledge capital or social capital into money in the middle of the cycle with respect to its expansion and reproduction.
    • I'd rather reinvest without converting. - Better to reinvest without monetizing.
    • There are resources that can be procured with money and resources that are difficult to procure: resources that cannot be procured with cash
      • Money does not change everything: Cash is weak capital.
    • Only resources that can be procured with money can be acquired after converting to money.

orthographical variants - Expansion and reproduction of social capital

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