Topic
Relational capital
About: Relational capital is a research topic. Over the lifetime, 1518 publications have been published within this topic receiving 74425 citations.
Papers published on a yearly basis
Papers
More filters
TL;DR: In this paper, the authors investigated the impact of knowledge sharing on firm performance and the mediating role of intellectual capital (IC) and found that tacit knowledge sharing significantly contributes to all three components of IC, namely human, structural and relational capital, while explicit KS only has a significant influence on human and structural capital.
Abstract: Purpose – The aim of this paper is to investigate the impact of knowledge sharing (KS) on firm performance and the mediating role of intellectual capital (IC). Design/methodology/approach – A research model was developed based on prior KS and IC studies. A survey was administered to a sample of high technology firms in China and 228 usable responses were collected. Structural equation modeling (SEM) was employed to test the research model. Findings – Tacit KS significantly was found to contribute to all three components of IC, namely human, structural and relational capital, while explicit KS only has a significant influence on human and structural capital. Human, structural and relational capital, enhance both operational and financial performance of firms. The effect of KS on firm performance is mediated by IC. Explicit KS has a greater effect on financial performance than operational performance, whereas tacit KS has a greater impact on operational performance than financial performance. Research limit...
361 citations
TL;DR: This article found that social networks and relational capital enhance levels of illusion of control, which is directly related to the progress of new venture creation and found marginal support for the relationship between social capital and risk propensity.
Abstract: Why does social capital influence the progress of new venture creation for some entrepreneurs more than others? Our investigation suggests that social capital is not enough; that the type of person involved in network relationships matters to new venture creation. We test the effects of the interplay of social capital and cognition on a sample of 269 entrepreneurs. Our results confirm that social networks and relational capital enhance levels of illusion of control, which is directly related to the progress of new venture creation. We find marginal support for the relationship between social capital and risk propensity.
356 citations
TL;DR: In this paper, the authors examined the effect of governance structure on alliance performance and concluded that relational-based governance is more effective and influential in strengthening the interfirm partnership, stabilizing the alliance, and facilitating knowledge transfer between alliance partners.
353 citations
TL;DR: In this article, an Intellectual Capital-Based View of the Firm Competition framework is proposed to highlight the strategic role of different intangible assets like talented and committed workers, cultural values, or long-term relationships among the firm and its stakeholders in gaining and sustaining competitive advantages.
Abstract: Economic and social activities are undergoing radical changes, which can be labelled as ‘knowledge economy and/or society’. In this sense, intellectual capital (IC), or knowledge assets, as the fourth factor of production, is replacing the other ones – job, land and capital. This article tries to offer the origins and nature of the firm’s IC that can be labelled as ‘An Intellectual Capital-Based View of the Firm Competition’. This framework tries to highlight the strategic role of different intangible assets like talented and committed workers, cultural values, or long-term relationships among the firm and its stakeholders – customers, allies, suppliers and society in general – in gaining and sustaining competitive advantages, being the management of IC a key issue in the management agenda.
308 citations
TL;DR: In this article, the authors explore the influence of a wider range of board characteristics on R&D spending, a precursor of innovation and entrepreneurial activity, and demonstrate that aspects of directors' human and relational capital (e.g., education, entrepreneurial finance experience, technical experience, and interlocks) significantly influence R&DM spending.
Abstract: In this paper, we contribute to the agency and corporate entrepreneurship literatures by focusing on board antecedents of research and development (R&D). Some researchers in this stream find outside directors negatively influence R&D spending, yet popular opinion suggests boards should be composed of outsiders, and at the same time, firms should be innovative and entrepreneurial. We begin to address this conflict by extending agency theory and incorporating resource dependence views in order to explore the influence of a wider range of director characteristics on R&D spending, a precursor of innovation and entrepreneurial activity. Our empirical results demonstrate that aspects of directors' human and relational capital (e.g. education, entrepreneurial finance experience, technical experience, and interlocks) significantly influence R&D spending. Our findings illustrate that boards can be configured to improve efficiencies, thereby reducing R&D spending, and/or to augment R&D spending. They reveal the merits of considering inside and outside directors separately and show how the independence (i.e. inside/outside status) of directors shapes the effect of their human and relational capital on R&D spending.
301 citations