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39 J. Soc. & Soc. Welfare 31 (2012)
Social Capital, Human Capital, and Economic Well-Being in the Knowledge Economy: Results from Canada's General Social Survey

handle is hein.journals/jrlsasw39 and id is 233 raw text is: Social Capital, Human Capital, and Economic Well-Being in the Knowledge Economy: Results from Canada's General Social Survey ROBERT D. WEAVER NAzivi HABIBOV University of Windsor School of Social Work Beginning in the mid-1990s, the Canadian welfare state's devo- lutionary transformation ushered in an era which potentially in- creased the importance of social capital and human capital as mech- anisms for promoting socio-economic advancement. In this study, the authors analyze data from Canada's General Social Survey to assess how social capital and human capital influence the reported incomes of the Canadian population. The primaryfindings were that both social and human capital influenced income and that human capital had a larger effect on economic mobility than did social cap- ital. The implications the study's findings have for policy and pro- grammatic interventions within the 21st century knowledge-based economy are discussed, and future studies which can further under- standing in the area of social and human capital are also proposed. Key words: social capital, human capital, income, social networks, social support, education The concept of social capital arose as an extension of human capital, that is, education levels and job skills that individu- als offer to their prospective or actual employers. As an asset, social capital, like human capital, is considered to have poten- tial for translating into productivity within the labor market, but it specifically refers to social relationships rather than educational attainment or technical expertise (Harris, 1993; Putnam, 1995; Schneider, 2006). In the seminal essay Social Journal of Sociology & Social Welfare, June 2012, Volume XXXIX, Number 2

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