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The key distinction between human and social capital is that the former focuses on individual agents, and the latter on relationships between them and the networks they form.
Social capital is a set of shared values or resources that allows individuals to work together in a group to effectively achieve a common purpose. Social capital can also be thought of as the potential ability to obtain resources, favors, or information from ones personal connections.
However, its adoption by social scientists from different disciplines has led to multiple and often conflicting definitions. Besides conflicting definitions, some social scientists have argued that social capital lacks the properties of capital and should be called something other than capital.
Social capital is charged with a range of potential beneficial effects including: facilitation of higher levels of, and growth in, gross domestic product (GDP); facilitation of more efficient functioning of labor markets; lower levels of crime; and improvements in the effectiveness of institutions of government (
Social capital is a set of shared values or resources that allows individuals to work together in a group to effectively achieve a common purpose. Social capital can also be thought of as the potential ability to obtain resources, favors, or information from ones personal connections.
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It describes the potential of a person to get social benefits from a relationship with which they engage. For example, participating in a particular social group, like a fan club of a popular band, would give individuals social capital by allowing them to connect with like-minded people.
5 Tips for Building Social Capital and Networks Connect with people you know. Use email or LinkedIn to docHub out to anyone youve worked with or volunteered with. Ask for introductions. Keep in touch. Engage in online conversations. docHub out to people who interest you.
Social capital theory (SCT) was first defined by Bourdieu (1985) as the aggregate of the actual or potential resources which are linked to possession of a durable network of more or less institutionalized relationships of mutual acquaintance or recognition.

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