Social Capital And Private Economic Development

According to social capital theory, the article analyzes the case of Zhang Zhou private enterprise by historical method. The effect of Social Capital of private enterprises is an important question in the further development of Zhang Zhou private enterprises. The thesis's research make up for this question.The paper is composed of five parts. In the foreword, concluding on the theoretical results of the private economic research, the thesis points out the academic value and practical significance of the social capital.The first chapter analyses the Zhang Zhou the status of social capital. It is mainly composed of local historical and cultural traditions, family, and the Pan-family, and customs and immigration overseas relations.The second chapter analyses the positive impact of the social capital on the development of Zhang Zhou private enterprises, according to the case of Zhang Zhou private enterprises. In the founding of the enterprises, entrepreneurs social network protect all aspects of the enterprise needs. Regional social capital which builds on the strong network of interlocking relationship ensures the smooth business between enterprises. In the stage of the enterprises, the enterprises social capital which builds on the weak network of interlocking relationship led to the cooperation between enterprises. The internal social capital can promote cooperation team on the basis of formal enterprise organization. Maintaining good relations with the Government, the private enterprises can be successful. In the takeoff stage of enterprise, the higher Stock of the entrepreneur's social capital protects the innovation activities of the entrepreneurs. The enterprises can reduce the risk of innovation by mature enterprise innovation networks, avoiding the high transaction costs of market.The third chapter analyzes the negative impact of the social capital on the development of Zhang Zhou private enterprises, according to the case of Zhang Zhou private enterprises, the thesis. The negative impact includes the shortage of Zhang Zhou supporting systems, formalism, the thinking of meeting the little wealth, the over-contacting of the corporate relationships.The fourth chapter proposes the integration of social capital which can promote the private enterprise second venture, according to the problems of Zhang Zhou private enterprises.