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Social capital  

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Social Capitals There are, according to Burt (1992), at least three kinds of capital in the competition of investment. First, the financial capital included any currency in hands, owned properties, reserves in banks, shares in the stock market, revenues from planned transactions in the near future, etc. Second, the human capital consisted of a person's natural qualities. These are "charm, health, intelligence, and looks" and "skills you have acquired in formal education and job experience" that allowed you to perform the best in certain duties (Burt 1992: 8). Third, here we are, the most powerful capital in the imperfect competition, it is the social capital. Social capital is the relationships with other people included close/remote, direct/indirect, formal/informal relationships, which we will mention later on, that allowed more opportunities for the investor to utilize his/her financial and/or human capital. This overall interaction of the two capitals with the social capital would...

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