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Social Capital in Business

Meaning ● Social capital in business, within the SMB (Small and Medium-sized Business) context, represents the collective value derived from an SMB’s network of relationships. This includes connections with customers, suppliers, employees, investors, and community stakeholders. Driving SMB growth often hinges on leveraging these connections for access to resources, knowledge, and opportunities not readily available through conventional market transactions; these connections facilitate automation implementation through shared best practices.