SOCIAL CAPITAL AND STAKEHOLDERS’ ANALYSIS IN LOCAL DEVELOPMENT: THE CASE OF SEBRAE’S PROJECT URBE

Abstract

This paper aims to investigate the existence of social capital manifestations and discuss the influence it exerted to the Caranguejo Tabaiares community, located in the city of Recife. The case study used, at a first moment, a quantitative methodological approach to proceed to the analysis of the interested parties. The model of identification of stakeholders proposed by Michel, Agle and Wood (1997) was applied. The subsequent methodological step was qualitative in nature, which analyzed the form of performance of the actors and the capacity that they withheld to generate, to feed and to spread out the existing capital stock between them. Such inquiry was based on the categories of social capital proposed by Uphoff (2000). The results had indicated the adequacy of the model adopted, but also the necessity of other applications. In relation to the social capital, its existence between the involved actors was proven, even so it has not been capable to breach ahead with the “vicious circle” and the hopelessness lived in the community, in face of the frustrations of its expectations in relation to the external institucional interventions. The local development initiatives dependent on the social capital are configured as a process that are far from being fast, concrete and absentee of frustrations.