Business event innovativeness and social capital enhancing competitive advantage

Naruetharadhol, Phaninee; Boonmee, Kathaleeya; Hengboriboon, Lakkana

doi:10.1080/23311886.2023.2233254

Cited by 3 publications

(1 citation statement)

References 100 publications

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“…Green innovation is widely recognized as the primary avenue for achieving sustainable development [11,22]. It exerts a positive influence on the competitive advantage of enterprises [35], which is evident in the enterprises' sustainable environmental, economic, and social performance [36]. Through green innovation, enterprises actively reduce environmental pollution, enhance resource utilization efficiency, and elevate their environmental performance.…”

Section: Theoretical Focusmentioning

confidence: 99%

Does structural social capital lead to proactive green innovation? a three-part serial mediation model

Gao

2024

PLoS ONE

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Enhancing green innovation for business sustainability represents a pressing global challenge. In the context of the manufacturing industry, the relationship between proactive green innovation (PGI) and structural social capital (SSC) remains a profoundly under-researched area. Drawing upon the theories of social capital and dynamic capability (DC), this study investigated the relationship between SSC and PGI within manufacturing enterprises via three individual and sequential mediating factors, namely cognitive social capital (CSC), relational social capital (RSC), and DC. Adopting a cross-sectional quantitative design, this study collected survey data from 485 manufacturing sector employees in China using purposive sampling. Structural equation modeling analysis of the data revealed no significant direct impact of SSC on PGI, but a strong indirect impact through the sequential mediating influences of CSC, RSC, and DC. The findings suggests that PGI within manufacturing enterprises is not wholly shaped by SSC; rather, firm-level dynamic capabilities, characterized by a sequential mechanism, plays a crucial role in achieving PGI within these enterprises. This paper offers both theoretical and practical contributions and provides recommendations for future research based on its limitations.

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Section: Theoretical Focusmentioning

confidence: 99%

Does structural social capital lead to proactive green innovation? a three-part serial mediation model

Gao

2024

PLoS ONE

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Unveiling the dynamics of open innovation and collaborative network tourism in ASEAN nations

Annamalah,

Paraman,

Ahmed

2023

Asia Pacific Journal of Tourism Research

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The Role of Social Capital in Innovation: Findings from Selected OECD and BRICS Countries

Bayraktar

2024

Preprint

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Low levels of human capital and institutional underdevelopment have been linked to the economic downfall of developing nations. With time, it became evident that the direct mechanisms of innovation creation are not explained by the traditional linear framework of innovative development. Later, the significance of both social and institutional settings for innovation production was emphasized, as was the necessity of their convergence to close gaps in the fields of technology and technological growth in different nations worldwide. Social capital has positive effects on poverty reduction, economic growth, knowledge transfer, knowledge creation, and backs in knowledge management, reduces transaction costs, influences proactiveness and even considered as the glue that holds a society together. The literature on social capital concentrates on the internal and external networks of the companies that may support innovative capacities that result in proactive strategic behavior. Through improved interpersonal interactions, social capital promotes better coordination of activities. Consequently, increased community trust and a shared vision increase market efficiency and lower related costs. The aim of this research is to examine the influence of social capital on the innovation process ability of countries. This study has demonstrated the beneficial impact of social capital on innovation mainly for selected BRICS countries and developing countries. Among the three forms of capital the social capital has the highest value. When social capital increases by 1%, the number of patent applications increases by 2.46% for BRICs. Therefore, these counties must establish a robust trust ecosystem inside and outside their organizations for all stakeholders to gain competitive advantage in the global world. JEL Codes: L14, O31, C33

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Business event innovativeness and social capital enhancing competitive advantage

Cited by 3 publications

References 100 publications

Does structural social capital lead to proactive green innovation? a three-part serial mediation model

Does structural social capital lead to proactive green innovation? a three-part serial mediation model

Unveiling the dynamics of open innovation and collaborative network tourism in ASEAN nations

The Role of Social Capital in Innovation: Findings from Selected OECD and BRICS Countries

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