Social Capital and National Innovation System

Research on national innovation system has increased noticeably in recent years. However, while some literature is available on technology management, little information is available on social capital. Similarly, the study on social capital has been mounting steadily, but little work is available on national innovation system. Thus, this work used the reports of World Bank and World Value Survey, applying the linear structural relation model to consider this relationship between the social capital and national innovation system. Overall, the results found that the innovation seem a collective achievement embedded with other social activities, and that the social capital like a catalyzer helps the collective innovation and economic productivity. Thus, this work suggests that every country should recognize that economy was closely embedded with social structure, and that should enrich the social capital to improve the performance of national innovation system and economic productivity.