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Spiritual
capital, as a new emerging social science concept, is considered as
difficult to be defined and measured.
Currently,
there are two widely accepted definitions. The
Metanexus Institute defines spiritual capital as "the effects of
spiritual and religious practices, beliefs, networks and
institutions that have a measurable impact on individuals,
communities and societies". Another general definition, offered by
me is that spiritual capital is the power, influence and
dispositions created by a person or an organization’s spiritual
belief, knowledge and practice.
For people believing in God,
spiritual capital may be considered as the degree of connectedness
with the God. For others, spiritual capital can be evaluated by
commitments to certain noble life purpose and moral standards. We
claim that everyone has some unique spiritual assets. The usage and
materialization of these spiritual assets forms the spiritual
capital of the users.
Through my many years of research, I also developed
methods to measure spiritual capital and developed a
spiritual
capital index SPI that are being accepted by many scholars.
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Note: the work
presented here contains some research Dr. Alex Liu conducted in Stanford University
and that with the Global Entrepreneurship Monitoring. Dr. Alex Liu has
benefited from communicating with Danah Zohar, author of the book Spiritual
Capital , Ernie Chu, author of the book Soul Currency,
Theodore Roosevelt Malloch, author of the book Spiritual
Enterprise, and Lawrence M. Miller, author of the book The
New Capitalism.
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