Journal ArticleDOI
Innovation Support and Small-Firm Performance in India: A Social Capital Perspective
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In this article, the role of network derived innovation support in translating effects of social capital dimensions on firm performance is examined empirically, showing that social capital provides innovation support to small firms, which consequently translates into improved firm performance.Abstract:
This article empirically examines the role of network derived innovation support in translating effects of social capital dimensions on firm performance Comparison is drawn between small firms engaged in strategic (eg, professional associations) and social (eg, family, informal relationships) alliances The study uses multiple regression analysis on a representative sample of 100 small firms in West Bengal, India Analysis largely supports the hypothesis that social capital provides innovation support to small firms, which consequently translates into improved firm performance For firms embedded in strategic alliances, results were more pronounced, thus substantiating the advantage for small firms in India to join and activate social capital within strategic networks to overcome the constraints in generating and developing innovativeness Implications for small firms and professional associations are discussedread more
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References
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The Strength of Weak Ties
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Economic Action and Social Structure: The Problem of Embeddedness
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Social Capital, Intellectual Capital, and the Organizational Advantage
Janine Nahapiet,Sumantra Ghoshal +1 more
TL;DR: In this article, the authors present a model that incorporates this overall argument in the form of a series of hypothesized relationships between different dimensions of social capital and the main mechanisms and proces.
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Knowledge of the Firm, Combinative Capabilities, and the Replication of Technology
Bruce Kogut,Udo Zander +1 more
TL;DR: In this paper, the authors argue that what firms do better than markets is the sharing and transfer of the knowledge of individuals and groups within an organization, and that knowledge is held by individuals but is also expressed in regularities by which members cooperate in a social community (i.e., group, organization, or network).
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Social Structure and Competition in Interfirm Networks: The Paradox of Embeddedness
TL;DR: In this article, the authors develop one of perhaps multiple specifications of embeddedness, a concept that has been used to refer broadly to the contingent nature of economic action with respect to cognition, social structure, institutions, and culture.