The power of personal connections (personal network)
Social Infrastructure (Saitama University Research Seed Collection 2025-27 p.33)
Keywords: Personal Network, Finance, Banking, Business
We individuals live connected to a diverse range of people. Friends from high school, seniors from the soccer club, juniors from my previous workplace, and my current boss... people are interconnected through various elements, and this "personal network" can be analyzed and visualized using data such as place of origin, educational background, work history, professional experience, and hobbies. Recently, with the availability of such data, research analyzing the economic effects of these connections has been conducted globally. It has been found that connections can influence factors such as escaping personal poverty, corporate misconduct, innovation, and the performance of financial transactions. For many years, I have analyzed the functions and behaviors of banks in the economy and researched how banks can be improved. In this process, I encountered personal networks and have expanded my research to analyze their roles and impacts not only in banking but also in general businesses.
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Takeshi Osada, Professor Graduate School of Humanities and Social Sciences 【Recent Research Themes】 ● The Role of Financial Institutions in the Digital Society ● The Reversal of BoJ’s Balance Sheet Policy and Liquidity Dependence ● Old Boy Network, Capital Injection and Banks’ Returns: Evidence from Japanese Banks ● The Impact of Banking Concentration on Industrial Competition
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【Appeal Points to the Industry】 ● We should recognize the importance of personal connections in our daily lives. I believe the time has come for companies and governments to digitize, analyze, and utilize this. 【Examples of Practical Use, Applications, and Utilization】 ● Appointment of executives and directors ● Recruitment and human resources ● Internal personnel allocation ● Development of external connections
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The Saitama University Open Innovation Center is a center that functions as a liaison office for industry-academia-government collaboration. It consists of three departments: the Industry-Academia-Government Collaboration Department, the Intellectual Property Department, and the Startup Support Department, each staffed with coordinators well-versed in various fields. The center's activities include solving technical challenges in companies, supporting the implementation of joint research, and conducting technology transfer aimed at introducing and utilizing Saitama University's intellectual property.