2017 Volume 50 Issue 3 Pages 4-15
The existing multi-faceted notion of social capital is insufficient to analyze the behavior of a certain community whose boundary and exclusionary membership are clearly delineated. Drawing on the prospering examples of China’s Wenzhou entrepreneurial networks and Toyota’s supply chain, this paper proposes“ community capital” as an alternative limited middle-range concept. Well-functioning communities are apt to foster “commensurate trust” as a derivative of shared success experiences “imprinted” in the minds of community members, which in turn induces them to collaborate through “quasities” with or without prior acquaintance.