18 Июля. Shchusev. 11:15 - 12:15. | Investments, Inclusion, Talents
The Space of Confidence. Social Capital as a Source of Competitive Advantage
Cities are a space for interaction between different social groups; therefore, its most valuable resource is the social connections between its citizens. To realize the potential of its citizens, it is critical to build an atmosphere of trust – an environment that supports newcomers and encourages productive co-existence of different social, professional and ethnic groups. Human capital becomes the key factor for the economic prosperity, safety and comfort of a city. Countries with high social capital and high levels of openness and trust are more likely to become home to groundbreaking technological innovation.
- What is the role of trust in the economic prosperity and psychological well-being of cities?
- What is more essential: citizens trusting their government or citizens trusting each other?
- How do leading megacities differ in terms of trust levels?
- How exactly does trust become "capitalised"?