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A Growth Strategy with Social Networks and Physical Capital. Theory and Evidence: the Case of Vietnam

26.09.2014
In contemporary economics, the term “capital” implies not only physical capital, but human capital as well — in the form of knowledge, skills, health, and administrative capabilities. There is also social capital, reflecting social ties and interpersonal relations and trust. Human and social capital, much like physical, can accrue and bring profits to a firm.
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