Building an inclusive economy through community business: the role of social capital and agency in community business formation in deprived communities

This research, by the Centre for Local Economic Strategies, explores the hypothesis that community business, as a form of social action, is a function of social capital plus agency, and all forms of social capital (bonding, bridging and linking) need to be present and strong for community businesses to flourish.

The authors selected three deprived places, south Liverpool, west Hull and north Smethwick, with differing levels of community business. They used a simplified survey based on the Office of National Statistics (ONS) social capital harmonised survey question set to interview local stakeholders and community business staff, users and volunteers. Assessing the levels of bonding, bridging and linking capital in each area, they also benchmarked their findings against national and regional datasets.

Want your local business to thrive?

Twine is a simple business intelligence platform which is designed to help local businesses thrive.