Economic Networks and Social Capital primarily investigates how social capital, including social networks, trust, and norms, affects economic outcomes such as income, employment, and business success.

Social Capital refers to the resources and benefits individuals and groups derive from their social networks and relationships, including trust, reciprocity, and access to information and opportunities.

Granovetter's theory of weak ties argues that weak ties, or acquaintances, are more likely to provide valuable information and resources than strong ties, or close friends and family, due to their access to different networks and information.

Social capital in an economic context includes shared values, norms, and trust within a community that facilitate cooperation and economic exchange.

Social Capital Formation refers to the process of creating and maintaining social capital through interactions, trust-building, and the development of social networks.

Pierre Bourdieu identified three forms of capital: Economic Capital (financial resources), Cultural Capital (education and cultural knowledge), and Social Capital (social networks and relationships). Symbolic Capital is not a dimension of social capital in Bourdieu's framework.

Embeddedness in economic networks refers to the extent to which economic activities, such as production, exchange, and consumption, are embedded in social relationships, norms, and institutions.

A bridging social tie is a connection between two individuals or groups from different social networks or communities, facilitating the flow of information and resources across social boundaries.

Homophily is the tendency for individuals to form social ties with others who are similar to them in terms of characteristics such as age, race, education, and social status.

Social capital can provide individuals with increased access to information and resources, enhance job opportunities, and improve health outcomes through social support and networks.

Social Closure refers to the process by which a social network or group excludes outsiders, limiting their access to resources and opportunities.

Social capital can potentially lead to social exclusion and inequality, reduced individual autonomy, and increased social control when social networks and relationships are used to maintain power structures and exclude certain individuals or groups.

Social capital bridging refers to the formation of ties between individuals from different social groups, facilitating the flow of information and resources across social boundaries.

A bonding social tie is a connection between two individuals or groups who share similar characteristics and social identities, strengthening the bonds within a social group.

Structural holes in social networks refer to the absence of ties between individuals or groups, creating opportunities for information brokerage and the flow of resources across network boundaries.