Social capital is defined as the extent to which the members of communities and civil associations are willing to cooperate with each other, and to construct personal values and attitudes related to personal trust. It is now seen to greatly facilitate...
Social capital is defined as the extent to which the members of communities and civil associations are willing to cooperate with each other, and to construct personal values and attitudes related to personal trust. It is now seen to greatly facilitate economic and social relationships and thus to play a major role in the efficiency of political institutions, in the creation of democratic civil society, and in economic performance as well as in increasing the personal happiness of the members. There are so many various researches on social capital. Thus, this paper examines the dominant views how the researchers approach the issues of social capital in the fields of civil society, economic development, governance, effectiveness of various organizations, home and education, and on-lines. And also, it discusses the limits and policy implications to apply Tocqueville model and Putnam’s approach on social capital in Korean society.