Purpose – This chapter examines the challenges in exploring, analysing and developing the concept of social capital, seen as the proclivity (or otherwise) of societies to engender stable structures for cooperativeness that support economic exchange and control. The authors focus on Asia and outline a theory of researchable social capital elements. Methodology is considered against the contexts of Asia. The authors emphasize the role of higher education as determinant, seeing it as crucial to the accumulation of human capital and often at the centre of many theories of societal progress.

Findings – The authors’ findings are that social capital is a contested concept that does not rest within a bed of widely adopted theory; researching it comparatively requires acknowledging societal meaning structures; there is emerging acceptance of complexity theory, evolutionary dynamics, and multi-disciplinary analysis; it is possible to disaggregate the concept into researchable issues; many research methods are available.

Implications – Modes of human cooperativeness are crucial for the understanding and comparison of economic systems. Implications are strong and pervasive for policy and practice. The authors find no evidence of a distinct indigenous ‘Asian’ perspective in research but much evidence of powerful contributions from Asian scholars working collaboratively with colleagues internationally.

Originality/Value – The chapter provides a helicopter perspective of an emerging field, notes conceptual challenges and gives practical guidance for researchers.

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