The effect of social capital on improving productivity of human resources in the project of engineering, procurement and construction Bandar Abbas gas condensate refinery

Abstract

In contrast to human resources or physical capital, social capital refers to a  concept other than possessions an individual would have. It has the advantage of relations and settings in which interaction plays the main role and bears the most responsibility. One effect of social capital is to increase the productivity of human resources, especiallydealing withbig projects. In this respect, social capital in project-based organizations is considered as an important productivity resource
so that actions would be done in a suitable way and teamwork could be more coherent than ever. Thus, the objective of the present study is to investigate the effect of social capital on productivity of human resources concerning project-based plans. In this respect, a general hypothesis along with three minor hypotheses were formed,which evaluated the effect of social capital and its three-fold aspects (trust, solidarity and cooperation) on productivity, respectively. The results of tests showed that increasing one unit of social capital and each of its three-fold aspects,  productivity might be increased by 0.91, 0.58, 0.79 and 0.91, respectively. SPSS 19 and lisrel 8/8 software were used to analyze data and the statistic universe of this study included the managers and employees of Bandar Abbas Gas Condensate Refinery. The number of the sample was 169 people using Morgan sample table. The results showed that social capital has a positive effect on productivity.

Key words: productivity, trust, solidarity, cooperation, social capital.