The Role of Social Capital in Economic Development

Since the social capital issue and its role in the economic development have been presented, the dominant idea is an emphasis on the positive role of social capital. In this writing, it is demonstrated that there are different types of social capital and although it has a positive role on development process, a kind of that can be no suitable for development. The aim of this article is to provide an overview of the concept of social capital and to distinguish its different forms, focusing on their potential effects on economic development. Research method in this writing is "library method". Different researches are considered about the relation between social capital and economic development and at the end, it is concluded about the existence or non- existence of a relation. In this research we have concluded that since bonding social capital influences on a limited and special confidence, it causes some organizational disorder or factious. So its result is an undeveloped society. On the contrary, bridging social capital with expanding of confidence interval, creating social relations and people participation in voluntary associations helps economical development.