Understanding the Impact of Social Capital on Entrepreneurship Performance: The Moderation Effects of Opportunity Recognition and Operational Competency

Abstract

Social capital, which is derived from psychological research, has an important value in the construction of network relationships in enterprises. It influences the direction and tendency of network connections in start-up enterprises and has gradually become an important factor in the study of entrepreneurship by scholars. However, the relationship between this and the effectiveness of innovation is unclear. In this study, the social capital is divided into bonding social capital and bridging social capital, and specific data of agricultural entrepreneurs are collected through questionnaire surveys. The results show that both bonding and bridging social capital have a significant positive effect on agricultural entrepreneurship performance. The entrepreneurial capacity of agricultural entrepreneurs regulates the relationship between social capital and creative performance. In the relationship between integrated social capital and creative performance, operational competency plays a positive role and opportunity recognition plays a negative role. On the other hand, in the relationship between bridging social capital and creative performance, the opportunity recognition plays a positive role and the operational competency plays a negative role. Finally, based on the above findings, this study proposes theoretical and practical implications and suggestions for follow-up research.

Testing the Influence of Self-Efficacy and Demographic Characteristics among International Students on Entrepreneurial Intention in the Context of Hungary

“…Entrepreneurship can be understood as a system or network of interconnected actors closely linked to today's complex social challenges such as sustainability [59]. Social networks promote the growth and development of established and start-up companies by enabling individuals, teams, and organizations to gain access to external information and resources [55]. In a similar vein, De Carolis et al [60] results confirm that the progress of new startups is directly related to social networks and relational capital.…”

“…Tatikonda et al [54] manifest that those specific operational capabilities support the survival of startups and have a particular influence on specific life stages of startups. In addition, Xie et al [55] research on agricultural entrepreneurs shows that operational capability reflects the entrepreneur's ability to coordinate and manage business projects. Strong operational capabilities will focus on existing network relationships and resources, as well as the integration of management to improve the survival and development of business projects.…”

Role of Social Capital and Financial Wellbeing in Reaching Successful Entrepreneurial Financial Performance: A Moderated-Mediated Model of Financial Intelligence

“…This research focused on the social capital of entrepreneurs. Bourdieu was the first to define social capital (Xie et al, 2021 ). Social resources are social capital from a functional standpoint.…”

“…However, there is a lack of study interest on the social capital of entrepreneurs and its impact on entrepreneurial performance or the success in the field of corporate sector management of China. The research conducted by Xie et al ( 2021 ) focused on social capital and its components such as bonding and bridging in relationship to entrepreneurial performance in the agricultural context, leaving a research gap for future researchers to find the impact of other factors along with social capital on entrepreneurial success and performance in other fields as well. Moreover, the research also found moderating roles of operational competency and opportunity recognition toward entrepreneurial performance supporting a moderation of opportunity capacity.…”

Exploring Peacebuilding Strategies to Develop Teacher-Student Interpersonal Relationships in English as a Foreign Language/English as a Second Language Classrooms

“…As Waelde et al (2017) pinpointed, through Interpersonal activities, learners are tolerant of opposing viewpoints and have interest-based discussions which also boost their motivation and correspondingly result in their overall fulfillment (Olivero & Oxford, 2019). Several studies proved the relationship between teachers’ interpersonal communication behaviors and students’ engagement, motivation, and success ( Derakhshan, 2021 ; Xie and Derakhshan, 2021 ).…”