Social capital as a theoretical approach in Strategic Management

Ortíz, Beatriz; Manzanares, Mario Javier Donate; Gómez, Fátima Guadamillas

doi:10.5295/cdg.160646bo

Cited by 4 publications

(4 citation statements)

References 74 publications

(105 reference statements)

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“…At that, we assume that social capital refers to a multi-element resource incorporating assets and the network of access to them (Table 4). The concept of multidimensional social capital allows analyzing it from the standpoint of both a production resource and a means of access to the participants' resources within the same network [27]. The structural dimension represents the specificity of the participant's position within the ecosystem and the characteristics of the ecosystem itself.…”

Section: Results: Structure and Role Of Social Capital In The Corporamentioning

confidence: 99%

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Social capital in the system of corporate sustainability

2020

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Social capital is a key factor in corporate sustainability in the ecosystem era. Analysis of the theoretical background reveals that social capital can function at all levels of economy – from the individual to the state. Therefore, social capitalis on the one hand an independent resource generating income. On the other hand, social capital provides access to the ecosystem actors’ resources.Oftentimes stakeholders underestimate social capital because of its intrinsic “public good” quality and limit investment in it. The ecosystem social capital structure includes several dimensions. The elements of each dimension are applied to strengthen the performance of corporate sustainability indicators.

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Section: Results: Structure and Role Of Social Capital In The Corporamentioning

confidence: 99%

“…Its source lies in the structure and content of the actor's social relations. These social resources facilitate the attainment of goals of the actor Ortiz,Donate &Guadamillas [27] 2019 A resource based on knowledge, which could provide access to other internal or external organizational resources.…”

Section: Author Year Definitionmentioning

confidence: 99%

Social capital in the system of corporate sustainability

2020

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“…Frugal innovations aim to create value propositions that become attractive to the targeted customer groups through basic functionalities and minimization of the use of material and financial resources throughout the value chain (Ortiz et al, 2019). In this way, they manage to reduce usage and/or ownership costs, while meeting or exceeding established quality standards (Tiwari et al, 2017).…”

Section: Frugal Innovation and The Competitivenessmentioning

confidence: 99%

Relevancia de la innovación frugal en la transformación del sector manufacturero de las economías emergentes

Morelos Gómez,

Vargas Franco,

Romero Sánchez

2023

Revista GPT

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In this paper, a systematic literature review was conducted to identify the contributions of frugal innovation in the manufacturing sector of emerging economies. This study aims to understand the contribution of frugal innovation, highlighting the relevance and its contribution to this sector within global emerging markets. To approach this research, three indexed databases of high quality and scientific visibility were considered: Scopus, Ebscohost and Science Direct, with a search equation defined by the keywords: "frugal innovation", "frugal", "emerging economies" and "frugal manufacturing" and the exclusion and inclusion criteria, which allowed to select in a first search 15079 articles. As a final result of the filtering process of those documents identified as repetitive, not relevant to the research topic, 52 documents were obtained, which facilitated the identification of the most outstanding frugal innovations, their classification, description, frugal, social and economic contribution in emerging communities. The selected documents show that the subsector with the greatest contribution of goods and services derived from the application of frugal innovation corresponds to the energy sector, with 37,5%, followed by the industrial sector, with 20%. The research provides a theoretical reference in which the importance of frugality is highlighted, offering a positive perspective for emerging regions facing shortages in access to fundamental services such as electricity, drinking water and essential goods necessary for a dignified life.

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“…However, it can also have a negative effect depending on the interactions between people, structures, and the environment that affect organizational processes (Strindlund et al, 2021). In the business world, the role of social capital in increasing competitiveness has been widely studied, both resulting in direct influence (Karim et al, 2021;Liu et al, 2018;Mamun et al, 2018;Navas et al, 2019) or indirectly (Chuang et al, 2016) and there is no influence of social capital on competitive advantage (Meflinda et al, 2018).…”

Section: Introductionmentioning

confidence: 99%

The Effect of Strategic Flexibility as a Moderating Variable in Improving Firm Performance in Microfinance Institutions

Baikuni¹,

Dafik²,

Poernomo³

et al. 2023

J. Professional Business Review

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Purpose: This study aims to determine and analyze the effect of intangible assets in increasing sustainable competitive advantage and performance in microfinance institutions as well as the influence of strategic flexibility as a moderating variable. Theoretical framework: The five variables studied, namely intellectual capital and social capital, each measured with three dimensions as independent variables, sustainable competitive advantage as variable intervening and performance as dependent variables, and the influence of strategic flexibility moderation. Design/methodology/approach: The study was conducted with a quantitative approach; questioners were given to MFI leaders in Madura while analysis of the influence of each variable using partial least squares structural equation modeling (PLS-SEM) techniques with the help of SmartPLS 3.0 software. Findings: The results of the analysis show that intellectual capital has a significant effect on sustainable competitive advantage and performance, social capital has a significant impact on sustainable competitive advantage but does not affect performance, while strategic flexibility weakens the influence of intellectual capital on firm performance and strengthens the effect of social capital on performance. Research, Practical & Social Implications: The following study can be more detailed by measuring and exploring the influence of each dimension, both social capital and intellectual capital dimensions. Company leaders must continue to increase the value of intellectual capital and develop social relations and utilize these relationships in alternative strategies. Originality/value: This study investigates the influence of intellectual capital and social capital on sustainable competitive advantage and performance in a hyper-competitive business environment as well as the effect of moderation of strategic flexibility with research objects in Islamic microfinance institutions.

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Social capital as a theoretical approach in Strategic Management

Cited by 4 publications

References 74 publications

Social capital in the system of corporate sustainability

Social capital in the system of corporate sustainability

Relevancia de la innovación frugal en la transformación del sector manufacturero de las economías emergentes

The Effect of Strategic Flexibility as a Moderating Variable in Improving Firm Performance in Microfinance Institutions

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