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In Social Capital, Nan Lin explains the importance of using social connections and social relations in achieving goals. Social capital, or resources accessed through such connections and relations, is critical (along with human capital, or what a person or organization actually possesses) to individuals, social groups, organizations, and communities in obtaining their objectives. This book places social capital in the family of capital theories (the classical and neo-capital theories), articulates its elements and propositions, presents research programs, findings, and agenda, and theorizes its significance in various moments of interactions between individual actions and social structure (for example, the primordial groups, social exchanges, organizations, institutional transformations and cybernetworks). Nan Lin eloquently introduces a groundbreaking theory that forcefully argues and shows why it is 'who you know', as well as 'what you know' that makes a difference in life and society

▪ Abstract  This essay traces the development of the research enterprise, known as the social resources theory, which formulated and tested a number of propositions concerning the relationships between embedded resources in social networks and socioeconomic attainment. This enterprise, seen in the light of social capital, has accumulated a substantial body of research literature and supported the proposition that social capital, in terms of both access and mobilization of embedded resources, enhances the chances of attaining better statuses. Further, social capital is contingent on initial positions in the social hierarchies as well as on extensity of social ties. The essay concludes with a discussion of remaining critical issues and future research directions for this research enterprise.