This book describes the role of social capital and its influence on business management. Social capital is essential for the development process and is clearly discussed with appropriate examples. The concepts of the knowledge economy and rural development are explained in detail. Economic behavior as a function of social capital is illustrated in this book. The advances in social capital research are provided in detail. The role of social capital and the importance of the networks are explained. Finally, social entrepreneurship with social capital is discussed. This book can be used for students who are pursuing graduate and undergraduate courses.