The Method of Distinguishing Between Specialized and General Social Capital
The method of distinguishing between specialized and general social capital is crucial since it enables the reader to comprehend and put into practice the necessary elements for better outcomes. The two types of social capital are crucial in today’s culture because they link those involved in achieving goals in a productive way. Thus, the purpose of the essay is to convey to the reader the meaning of social capital from both a general and a more focused standpoint. The purpose of the action is to let the reader perceive certain aspects of adhering to norms, connections, and values more clearly. Koput (2015), indicates that social capital is looked at as a financial idea that refers to the networks between persons and entities that can be parsimoniously appreciated. Massey, D., Alarcon, Durand & Gonzalez (2013), looks at social capital as the links, shared values and understanding in the community that enable individuals and groups to trust each other and at the same time work as a team. The instigation here is that networks of friends, family and former colleagues network, whereas shared norms, values and understanding are less concrete when compared to social networks. Therefore, social capital is an attribute that can be practiced by firms to connect employees towards a successful objective in the market hemisphere.
Examples of Social Capital
An example here is where when adults attack children, they tend to breach the norms that protect children from harm. Another example is where an individual who knows somebody at a place where he or she is applying for an employment opportunity is said to benefit from the contents of social capital. The rationale is based on the fact that the presence of connections has generated positive results for the job seeker. From the mentioned examples, it is apparent that social capital often comes from a connection between individuals. The connection in this case can be based on set norms, values and understanding among parties involved.
The Facilitation of Migration and Persistence of Migrations
Wang & Hsung (2016), shows that social capital facilitates migration positively based on the fact that a connection and set values are practiced to the latter. An example is where when an individual intends to move from one state to another, the possibility of attending a church, club or any other social gathering is likely to be less when compared to one who will stay. The insinuation here is that a connection is often created in the new atmosphere with the intention of attaining better results. The reason for the positive influence is associated with creating a perception that the new region or area will consist of new members that can generate a relationship as opposed to the group being left behind.
On matters associated with migrations persist, it is noted that they often work harder, so as to establish their boundaries of life in a new region. The approach of working extra hard usually evades migrates from taking part in civic activities in the new organization. The outcome of the event is more migrants are likely to migrate, to attain their objectives the same way their friends have done. The presence of social capital is essential as it creates a connection between primary migrants and owners of the new country attain results that are beneficial to both parties. Therefore, social capital often has results that are worth the needs of the migrants as their efforts in most circumstances tend to generate essential outcomes.
Sujchaphong (2013), instigates that through the connection created by the immigrants, they are able to lead a better life and the upcoming generation as set values and norms are practiced. The implication here is that the contents of social capital bring about a connection that contributes towards a leadership approach that is beneficial to the parties concerned. Leading usually takes place among the immigrants through practicing what is instigated in the new state, and utilizing the achieved strategies to better the lives of new immigrants. The social capital influence on migrations is a guiding path as it brings about understanding and the importance of following the set values for better results in the society.
Change in Migrant's Social Capital Over Time
Wang & Hsung (2016), looks at migrant social capital as information about migrating offered by prior migrants that decreases the cost of moving from potential migrants. The approach of migrant’s social capital can change over time in cases where information on migrating provided by migrants before does not decrease the cost of moving from potential migrants. An example is where when an individual has plans to move to another state, information offered on the immigration approach may not decrease the cost involved in the process if what is offered is not accurate. Basically, the move does not make the issues facing the immigrant better because of the false reasons offered to him or her by the prior migrant. Such a change makes the life of the immigrant difficult especially in a new state in terms of cost.
The instigation here is that when the services purchased for are more than anticipated, then the change makes the life of the immigrant difficult and uncomfortable. It is therefore right for immigrants to undertake their research well before undertaking the task of migrating from one region to another. The research is essential as any changes in migration social capital will not affect the outcome of the immigration process. The rationale is based on the fact that the immigrant will have all the needed facts that will contribute towards a prosperous journey.
Distinguishing Between Specific and Generic Social Capital
The readings by Sujchaphong (2013), entails that specific social capital is an attribute of individual’s facilities cooperation to attain mutual benefit and at the same time enhance a group’s capability to solve a collective action of issues at hand. An example here is where an organization sets out to counter the issue of hackers in its IT sector to better the management of the firm. The implication here is that the firm basically works on a certain department with the intention of generating better results for the firm at all cost. Aspects of development and repair are put into practice to ascertain that the department in question generates the set objectives in a positive perspective. Essentially, the contents of specific social capital usually base on a particular objective in terms of attainment.
According to the illustration by Sujchaphong (2013), generic social capital is as defined in the initial paragraph as the links, shared values and understanding in the community that enable individuals and groups to trust each other and at the same time work as a team. An example here is where known persons share certain attributes like helping each other in a common way, so as to attain the set targets. It is where those involved understand each other, and as a result, work as a team to generate what will assist both effectively. The difference instigated is not huge, but in terms of practice, results are attained differently. Therefore, users ought to practice with the right social capital entity, so as to come up with the right outcome within the needed time frame.
Conclusion
To sum up: the paper attempts to bring out the difference between generic and specific social capital on the perspective of utilizing examples for the reader to understand better. The above paragraphs indicate that generic social capital as links, shared values and understanding in the community that enable individuals and groups to trust each other and at the same time work as a team. On the other hand, specific social capital is an attribute of individual’s facilities cooperation to attain mutual benefit and at the same time enhance a group’s capability to solve a collective action of issues at hand. Additionally, an instigation on Migrant social capital as an information concerning migrating provided by previous migrants that decreases the cost of moving from potential migrants. Apparently, the process can change over time in cases where information on migrating provided by migrants before does not decrease the cost of moving from potential migrants. Essentially, social capital is an attribute that can be practiced by firms to connect employees towards a successful objective in the market hemisphere. The rationale is associated with set values, connections and the entity of comprehending what needs to be practiced to generate the right outcomes.
Works Cited
Koput, K. Social Capital: An Introduction to Managing Networks, Edward Elgar Publishing, 2015. Print.
Massey, D., Alarcon, R., Durand, J., & Gonzalez, H. (2013). RETURN TO AZTLAN: The Social Process of International Migration from western Mexico, University of California Press.
Sujchaphong, P. Individual Human Capital and Performance: An Empirical Study in Thailand, University of Texas at Arlington, 2013. Print.
Wang, J., & Hsung, R. Rethinking Social Capital and Entrepreneurship in Greater China: Is Guanxi Still Important? Routledge, 2016. Print.