Inventing social capital: Evidence from African American inventors, 1843–1930
2011; Elsevier BV; Volume: 48; Issue: 4 Linguagem: Inglês
10.1016/j.eeh.2011.05.003
ISSN1090-2457
Autores Tópico(s)Experimental Behavioral Economics Studies
ResumoMuch recent work has focused on the influence of social capital on innovative outcomes. Little research has been done on disadvantaged groups who were often restricted from participation in social networks that provide information necessary for invention and innovation. Unique new data on African American inventors and patentees between 1843 and 1930 permit an empirical investigation of the relation between social capital and economic outcomes. I find that African Americans used both traditional, i.e., occupation-based, and nontraditional, i.e., civic, networks to maximize inventive output and that laws constraining social-capital formation are most negatively correlated with economically important inventive activity.
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