The Role of Social Capital in Development

This book addresses the role of social capital in promoting rural and local development. The recent financial and economic crises have exposed the European Union (EU) to an increased risk of social exclusion and poverty, which are now at the heart of its economic, employment and social agenda with explicit reference to rural and marginal areas (Europe 2020).

In her explorative study that is based on data from 62 qualitative interviews, Elena Sommer examines the use of social capital for entrepreneurial activities of self-employed migrants from the former Soviet Union in Germany. She analyses what type of social capital is used by migrants as a resource for the formation and development of small businesses and how entrepreneurial social networks of migrants change over time. The study illustrates that the use of business-related social relationships of the interviewed self-employed depends on the company's market strategy as well as on access to relevant social networks.

This book addresses the role of social capital in promoting rural and local development. The recent financial and economic crises have exposed the European Union (EU) to an increased risk of social exclusion and poverty,