Open AccessBusiness Networks and Social Capital in Basque Industrialization (1886�1925)
Author(s) -
Elena Catalán Martínez,
Igor Goñi Mendizábal,
Isabel Mugartegui Eguía
Publication year - 2017
Publication title -
journal of evolutionary studies in business
Language(s) - English
Resource type - Journals
ISSN - 2385-7137
DOI - 10.1344/jesb2017.1.j024
Subject(s) - industrialisation , social capital , business , economics , market economy , sociology , social science
The aim of this article is to analyse the potential role that social capital played in the industrialization of the Basque Country. The province of Gipuzkoa, together with the neighbouring Bizkaia (Biscay), was one of the most dynamic provinces in Spain in terms of the creation of companies. Using information obtained from the registration of new companies in the Mercantile Register, and through social network analysis, we try to measure the importance that social capital may have had in this process. The methodology is tested with the case study of the arms industry in Eibar, one of the most important sectors in the region.