Comment on “Resource Acquisition in Family Firms: The Role of Family-Influenced Human and Social Capital”

2013 ◽  
Vol 3 (1) ◽  
Author(s):  
Francesco Castellaneta
Keyword(s):  
Social Capital ◽  
Family Firms ◽  
Resource Acquisition ◽  
Human And Social Capital

External knowledge sourcing and innovation in family firms

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Manzoor Ul Akram ◽  
Koustab Ghosh ◽  
Rojers P. Joseph
Keyword(s):  
Social Capital ◽  
Absorptive Capacity ◽  
Product Innovation ◽  
Family Firms ◽  
Family Firm ◽  
Content Type ◽  
External Knowledge ◽  
Mediating Role ◽  
Realized Absorptive Capacity

Purpose This study aims to investigate the external knowledge search behaviors in terms of search breadth and search depth in family firms and the resultant product innovation in Indian context. The authors theorize the mediating role of absorptive capacity (potential and realized absorptive capacity) between knowledge sourcing from external sources and product innovation. Further, the authors examine the moderating role of crucial internal social capital of the family firm in enhancing the use of external knowledge for firm innovation activities. Design/methodology/approach The study uses a quantitative research design taking single informant for collection of data from 151 family small and medium enterprises in automotive sector in India. The authors use structural equation modeling to test hypothesized relationships. Findings The findings indicate that both search breadth and search depth of family firms are positively associated with product innovation in family firms. The authors also find evidence for partial mediating role of potential and realized absorptive capacity in the relationship between search breadth and innovation and search depth and innovation. The results show how family firms learning taking place while scanning external knowledge sources in terms of external absorptive capacity routines. Finally, the authors find that family firm internal social capital positively moderate the relationship between search breadth and depth, and product innovation. Practical implications Family firms need to innovate to remain relevant in the long-run and as such development of superior capabilities is of great significance to them. Family firm managers must be open to external knowledge as such knowledge help them improve the firm level of innovation through absorptive capacity. Further, family firms must realize and act upon the importance of their social capital for the integration and utilization of acquired knowledge. Originality/value This paper is amongst a few papers that take dynamic capability views of innovation in family firms wherein the authors theorize how external search breadth and depth lead to the development of potential and realized absorptive capacity in family firms. The importance of family firm internal social capital as a strong integrating and knowledge sharing mechanism that helps family firms transform external knowledge into innovation is also highlighted.

Developing Leaders: The Role of Human and Social Capital

2012 ◽  
Vol 2012 (1) ◽  
pp. 11569
Author(s):  
Leisa D. Sargent ◽  
Maria Kraimer ◽  
Scott Seibert ◽  
Kohyar Kiazad
Keyword(s):  
Social Capital ◽  
Human And Social Capital

Former Government Officials as Outside Directors: The Role of Human and Social Capital

2008 ◽  
Vol 51 (5) ◽  
pp. 999-1013 ◽  
Author(s):  
Richard H. Lester ◽  
Amy Hillman ◽  
Asghar Zardkoohi ◽  
Albert A. Cannella
Keyword(s):  
Social Capital ◽  
Outside Directors ◽  
Government Officials ◽  
Human And Social Capital

Dynamics of Entrepreneurship Education

2018 ◽  
pp. 37-53 ◽  
Author(s):  
Michela Loi
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Self Efficacy ◽  
Behavioral Control ◽  
Entrepreneurship Education ◽  
Entrepreneurial Intentions ◽  
Perceived Behavioral Control ◽  
Human And Social Capital ◽  
University Course

Drawing upon an extracurricular university course on entrepreneurship, this work explores the dynamics among human and social capital and four learning outcomes: entrepreneurial intentions, perceived behavioral control, entrepreneurial self-efficacy, and startup activities. Following a longitudinal perspective, the study examined those dynamics in a sample of 66 students. Findings reveal that the influence of human capital decreased by the end of the course, yet played a fundamental role in improving intention and startup activities at the beginning of the course. A different pattern emerged for social capital (e.g., having friends who work as entrepreneurs), which maintained its relevance in enhancing perceived behavioral control, entrepreneurial self-efficacy, and startup activities after the course. Such results support the equalizer function of entrepreneurship education with respect to human capital, as well as underscore the paramount role of peers in sustaining the development of an entrepreneurial mindset.

Sign in / Sign up

Export Citation Format

Share Document