The Role of Social Capital in Supporting the Collaborative Economy: A Case Study on Urban Coworking Spaces
Keywords:
digital entrepreneurship, social capital, collaborative economy, co-working space, socioeconomic impact, developing countries, government policies, technological infrastructureAbstract
This research aims to understand the socioeconomic impact of digital entrepreneurship in developing countries as well as the role of social capital in supporting the collaborative economy through co-working spaces. Using a qualitative approach to case studies, this study identifies factors that influence the success of digital entrepreneurship, including the role of social networks, technological infrastructure challenges, and government policy support. The results of the study show that social capital plays an important role in providing market access, resources, and collaboration opportunities for digital entrepreneurs. Limited technological infrastructure and ineffective government policies are the main obstacles to the development of digital entrepreneurship. Urban coworking spaces are proven to provide support through collaboration between entrepreneurs, which strengthens the collaborative economy in the digital sector. The socioeconomic impact of digital entrepreneurship includes job creation, increased income, and participation in the global economy. The study has implications for policymakers and local communities to support digital entrepreneurship as a means of alleviating economic inequality and improving people's living standards in developing countries.
