Abstract
In the process of the implementation of government funded science and technology projects, enterprises can accumulate a certain amount of social capital through establishing social relationships with governments, universities, science and technology organizations, and banks. This paper firstly determined social capital and economic performance of local government funded science and technology projects factors and criteria weights in conjunction with professional opinions and the analytical hierarchy process. Then based on the analysis of 40 science and technology projects financially supported by Karamay, we set up a multiple linear regression model to test the assumptions of the correlation between the economic performance of projects and enterprises’ social capital accumulated in the process of implementing science and technology projects. Results indicate that there is a notably positive correlation between social capital and project economic performance.
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