Putting “entrepreneurial finance education” on the map

2016 ◽  
Vol 58 (9) ◽  
pp. 984-1002 ◽  
Author(s):  
Stephanie Alexandra Macht
Keyword(s):  
Social Capital ◽  
Relevant Literature ◽  
Entrepreneurial Finance ◽  
Content Type ◽  
Bonding Social Capital ◽  
Bridging Social Capital ◽  
Funding Sources ◽  
Educational Literature ◽  
Bonding And Bridging ◽  
Finance Education

Purpose The purpose of this paper is to bring attention to “entrepreneurial finance education”, an aspect of entrepreneurship education that is widely taught but neglected by the educational literature. It does so by exploring how social capital, a key resource for entrepreneurs, can be incorporated into entrepreneurial finance education. Design/methodology/approach By drawing upon social capital literature in the context of funding sources for entrepreneurs, the paper highlights the significance of bonding and bridging social capital for entrepreneurial finance. Findings The review of relevant literature confirms the importance of social capital for entrepreneurial finance. The existence of bonding social capital, which refers to a trusting relationship between entrepreneurs and financiers, allows entrepreneurs to access their financiers’ resources (e.g. contacts, knowledge, reputation, further funds) through bridging social capital. Practical implications Students of entrepreneurial finance need to understand the role that both facets of social capital play in the context of fundraising. This paper proposes ways of incorporating social capital into various approaches to entrepreneurial finance education. This allows educators to include relevant topics and research into their syllabi, while enabling students to study a crucial, yet under-represented, topic in entrepreneurial finance education. Originality/value Given that entrepreneurial finance education has to date been neglected in the educational literature, this paper begins to address a huge void. It clarifies potential contents of entrepreneurial finance education, demonstrates the importance of including social capital in the education of entrepreneurial finance students and suggests practical ways of achieving this.

Bonding and bridging social capital towards collective action in participatory irrigation management. Evidence in Chiang Rai Province, Northern Thailand

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Christopher Llones ◽  
Panya Mankeb ◽  
Unggoon Wongtragoon ◽  
Suneeporn Suwanmaneepong
Keyword(s):  
Social Capital ◽  
Resource Management ◽  
Collective Action ◽  
Structural Equation ◽  
Irrigation Management ◽  
Shared Resource ◽  
Content Type ◽  
Bridging Social Capital ◽  
Participatory Irrigation Management ◽  
Bonding And Bridging

PurposeThe purpose of this paper is to examine the effect of social capital with bonding and bridging distinction in promoting higher participation in collective action in participatory irrigation management.Design/methodology/approachA sample of 304 farmers was surveyed using a structured questionnaire. A focus group discussion was also carried out with randomly selected water users, leaders and irrigation officers. A confirmatory factor analysis and structural equation modelling were used to test the hypothesised relationship of bonding and bridging social capital towards collective action.FindingsThe findings show that social capital has a significant direct effect on collective action and an indirect effect on joint irrigation management's perceived performance through collective action (mediator). It implies the need to complement the participatory irrigation management programme with an understanding of the social aspects for a higher farmer's participation over the shared resource.Originality/valueThe paper emphasises social capital's role in facilitating a real participatory engagement in shared resource management. Also, it is the first scholarly work linking social capital with bonding and bridging distinction towards collective action in a joint resource management context.

Social capital affects job performance through social media

2020 ◽  
Vol 120 (5) ◽  
pp. 903-922
Author(s):  
Yung-Shen Yen ◽  
Mei-Chun Chen ◽  
Chun-Hsiung Su
Keyword(s):  
Social Capital ◽  
Social Media ◽  
Job Performance ◽  
Social Capital Theory ◽  
Capital Theory ◽  
Content Type ◽  
Bonding Social Capital ◽  
Bridging Social Capital ◽  
Female Workers ◽  
Male Workers

PurposeThis study aims to explore the impact of social capital on job performance when workers interact with coworkers through social media in organizations.Design/methodology/approachStructural equation modeling was conducted, and a sample of 230 workers in Taiwan was investigated.FindingsThis study found that bonding social capital has a greater impact on job performance than bridging social capital for interactions among coworkers through social media in organizations. Moreover, bridging social capital affects job performance more strongly for male workers than for female workers, but bonding social capital affects job performance more strongly for female workers than for male workers.Research limitations/implicationsThis study extended social capital theory by adding the mediating effects of job satisfaction and relational satisfaction and the moderating effect of gender into the model.Practical implicationsThis study suggests that company managers need to train workers how to use social media to appropriate their affordances and consider the work team relationship to position adequate strategies for male and female workers.Originality/valueThis study advances the previous knowledge of social capital theory for workers interacting with coworkers through social media in organizations.

How social capital affects innovation in a cultural network

2019 ◽  
Vol 23 (5) ◽  
pp. 895-918 ◽  
Author(s):  
Federica Ceci ◽  
Francesca Masciarelli ◽  
Simone Poledrini
Keyword(s):  
Social Capital ◽  
Social Relationships ◽  
Innovation Process ◽  
Innovation Implementation ◽  
Case Study Methodology ◽  
Content Type ◽  
Bridging Social Capital ◽  
Bonding And Bridging ◽  
Practical Implications

Purpose The purpose of this paper is to explore how bonding (i.e. tightly knit, emotionally close social relationships) and bridging social capital (i.e. outward looking open social relationships) affect opportunity recognition and innovation implementation in a cultural network of firms, investigating the main benefits of and drawbacks to both bonding and bridging social capital. Design/methodology/approach The paper is based on a case study of a cultural network of firms which share the same norms, principles and values. The method adopted is content analysis of qualitative data. Findings The authors find that in cultural network bridging social capital facilitates experimentation and combination of ideas from distant sources, while bonding social capital, which underpins the need for more conformity, is more effective for supporting innovation implementation. Innovation results from the interplay between the two dimensions of social capital, and each dimension contributes to the final outcome in a distinct and unique way. Research limitations/implications There are some limitations which arise from the case study methodology; the limited set of industries analysed affects the generalizability of the findings. Practical implications The research has some practical implications for firms that belong to cultural networks. It offers suggestions about how to manage social relationships in different stages of the innovation process. Originality/value The authors examine the effects of bonding and bridging social capital on innovation in a cultural network of firms. The authors show that in a cultural network, different moments in the innovation process require different efforts related to the firm’s network relationships.

Students climbing the entrepreneurial ladder

2016 ◽  
Vol 28 (6) ◽  
pp. 1115-1136 ◽  
Author(s):  
Giovanna Campopiano ◽  
Tommaso Minola ◽  
Ruggero Sainaghi
Keyword(s):  
Social Capital ◽  
New Ventures ◽  
Entrepreneurial Process ◽  
Content Type ◽  
Bridging Social Capital ◽  
Entrepreneurial Spirit ◽  
The Family ◽  
Bonding And Bridging ◽  
The Relationship

Purpose This paper aims to address the research question of whether family social capital affects the degree of engagement in the entrepreneurial process in the case of hospitality and tourism (H&T) new ventures, and how this relates to environment-related motivations. In particular, drawing on a process-based approach of individuals’ engagement in entrepreneurship, this paper provides new insights into the relationship between the perception of support by the family through the provision of bonding and bridging social capital and the decision to engage in the entrepreneurial process. The main contribution consists in the role of “following an environmental mission” that emerges as a motivation mediating the relationship between family resource provision and entrepreneurial engagement in the H&T industry. Design/methodology/approach For this exploratory study, we rely on cross-sectional observations from 2,923 individuals gathered through the Global University Entrepreneurial Spirit Students Survey, which collects information on career choices and preferences of university students around the globe. Given our focus on the early engagement process in entrepreneurship and the role of embeddedness in family structures, the use of a sample of young potential entrepreneurs such as students is particularly appropriate. Findings This study suggests that the family acts as a fundamental institution fostering entrepreneurship, both through the provision of bonding and bridging social capital, and the nurturing of attitudes toward the environment. The results indicate that, in the H&T industry, entrepreneurship can be a valuable means to pursue such attitude and is perceived as a way to proactively contribute to undertake responsible environmental activities. Research limitations/implications The study provides some implications for researchers, educators and policymakers interested in fostering entrepreneurial initiatives in the field, considering the role of a social-oriented mission as a vehicle to encourage profit-oriented entrepreneurial initiatives, and the importance of the family as a resource provider that fosters entrepreneurial engagement. The paper also discusses the strengths and limitations of this unique and broad cross-national sample. Originality/value Becoming entrepreneurs is depicted as climbing an entrepreneurial “ladder”, whereby each individual’s engagement along this process depends on a number of antecedents. Family bridging and bonding social capital, as well as following an environmental mission, emerge as important factors in the H&T industry, thus extending previous literature on the distinctiveness of this industry.

Interaction between task characteristics and technology affordances

2019 ◽  
Vol 33 (1) ◽  
pp. 1-22 ◽  
Author(s):  
Jindi Fu ◽  
Rong-An Shang ◽  
Anand Jeyaraj ◽  
Yuan Sun ◽  
Feng Hu
Keyword(s):  
Social Capital ◽  
Strong Support ◽  
Appropriate Technology ◽  
Task Interdependence ◽  
Content Type ◽  
Bonding Social Capital ◽  
Bridging Social Capital ◽  
Technology Affordances ◽  
Task Technology Fit ◽  
Task Environments

Purpose Enterprise social media (ESM) usage has gained considerable momentum within organizations. The purpose of this paper is to seek a better understanding of ESM usage based on the task environments and the technology affordances of ESM. Design/methodology/approach This study is based on a survey consisting of 556 usable responses. Regression methods are applied to analyze the data. Findings This study finds strong support for the positive impact of task-technology fit on ESM usage. Considering separately, task equivocality had no impact; task interdependence had a negative effect on ESM usage; bridging social capital had a positive effect; and bonding social capital had a marginal impact on ESM usage. Research limitations/implications This research incorporated social capital into discussions of task-technology fit. A 2×2 matrix based on task equivocality and task interdependence was developed, which may be extended to other contexts or technologies. Practical implications ESM implementation should account for both task environments and the appropriate technology affordances. Individuals access bridging social capital to a greater extent than bonding social capital using ESM, and they do not use ESM when the task environments alone are considered. Originality/value This is an original study that considers task environments and technology affordances in the context of ESM usage. The findings offer valuable and timely contributions to both scholars and practitioners.

scholarly journals To Bond or to Bridge? Contingent Effects of Managers’ Social Capital on Organizational Performance

2015 ◽  
Vol 47 (4) ◽  
pp. 403-418 ◽  
Author(s):  
Sangyub Ryu
Keyword(s):  
Social Capital ◽  
School Districts ◽  
Organizational Performance ◽  
Organizational Outcomes ◽  
Bonding Social Capital ◽  
Bridging Social Capital ◽  
Top Managers ◽  
Critical Resource ◽  
Bonding And Bridging ◽  
The Impact

A top manager’s social capital is considered a critical resource for determining organizational outcomes. However, little is known about the impact of social capital on public organizations’ performance. By dimensionalizing social capital into two subdimensions, this study investigates the impact of a superintendent’s bonding and bridging social capital on the performance of school districts. This study’s findings show that bridging social capital has positive impacts on organizational performance, but in a time of financial difficulty it worsens the negative shocks of the difficulty. Bonding social capital is found to be exactly the opposite. This study argues that choosing between bonding and bridging social capital is not an “either-or” question, and top managers are required to balance the two, depending on the situations that their organizations face.

scholarly journals 'I Hear You': Effects of Voice Communication on the Social Capital of Gamers

2021 ◽  
Vol 23 (2) ◽  
pp. 45
Author(s):  
Cosmin Ghețău ◽  
Mihai Bogdan Iovu
Keyword(s):  
Social Capital ◽  
Quantitative Research ◽  
Control Group ◽  
Voice Communication ◽  
Bonding Social Capital ◽  
Bridging Social Capital ◽  
The Social ◽  
Quasi Experimental ◽  
Bonding And Bridging

In the present paper we approached bonding and bridging social capital among gamers (seen as individuals who spend at least an hour a day in games) who use (or don’t use) voice communication while playing. Suspecting that voice communication usage facilitates the social capital formation. We also investigated the role of perceived anonymity as a confounding variable. To test our hypothesis, a quantitative research was carried out. The study focuses on the subsequent elements: voice application usage; perceived anonymity; and the presence of the following forms of social capital: bonding social capital and bridging social capital. Data collection was based on surveys spread in the online environment and resulted in a sample of 102 respondents. Based on quasi-experimental design we obtained data that display higher mean scores on bonding and bridging social capital scales on the experiment group (voice communication users) than in control group (non-voice communication users). Also, control group have a lower score on the perceived anonymity scale. One explanation for our results could be that voice communication reduces perceived anonymity and individuals that consider themselves as having a low level of anonymity engage in more controlled behaviors that in turn facilitate the formation of social capital.

Online Bonding and Bridging Social Capital via Social Networking Sites

2014 ◽  
Vol 6 (4) ◽  
pp. 42-63 ◽  
Author(s):  
Azza Abdel-Azim Mohamed Ahmed
Keyword(s):  
Social Capital ◽  
Social Networking ◽  
Social Networking Sites ◽  
Social Networking Site ◽  
Abu Dhabi ◽  
Bonding Social Capital ◽  
Bridging Social Capital ◽  
Exchange Of Information ◽  
Bonding And Bridging

This research aimed to explore types of online social capital (bridging and bonding) that the Emiratis perceive in the context of social networking site (SNS) usage. A snow-ball sample of 230 Emiratis from two Emirates, Abu Dhabi and Dubai was used. The results showed that WhatsApp was the most frequent SNS used by the respondents. Also, a significant correlation of the intensity of social networking usage and bridging social capital was found, while there was no significant association between SNS usage and bonding social capital. The factors determined the SNSs usage motivations among the respondents were: Exchange of information, Sociability, Accessibility, and Connections with overseas friends and families. Males were more likely than females to connect with Arab (non-Emiratis) and online bonding social capital. Both genders were the same in their SNSs motivations and online bridging social capital.

scholarly journals Benefits and pitfalls of social capital for farmer cooperatives: evidence from China

2018 ◽  
Vol 21 (8) ◽  
pp. 1137-1152 ◽  
Author(s):  
Yining Xu ◽  
Qiao Liang ◽  
Zuhui Huang
Keyword(s):  
Social Capital ◽  
Social Performance ◽  
Negative Influence ◽  
Economic Benefits ◽  
Negative Effects ◽  
Bonding Social Capital ◽  
Bridging Social Capital ◽  
Farmer Cooperatives ◽  
Bonding And Bridging

This paper conducts an exploratory analysis on the role of social capital in influencing both economic and social performance of farmer cooperatives based on a sample of 156 farmers from 54 vegetable cooperatives in China’s Hebei and Zhejiang provinces. Social capital is distinguished into bonding and bridging dimensions, with the former referring to the internal aspect of social capital and the latter the external “Guanxi” (meaning relationship) possessed by core members. The statistical results display that specific dimensions of social capital may not deliver the benefits expected by cooperative practitioners and academics. Both positive and negative effects of social capital on performances of farmer cooperatives are observed. To be specific, bonding social capital is positively associated with common members’ economic benefits. Bridging social capital generates beneficial outcomes for the financial and social performances of cooperatives, while exhibiting negative influence on common members’ income increase because of member heterogeneity.

The effect of social capital on organizational repertoires of American Protestant missions

2021 ◽  
pp. 003776862110532
Author(s):  
Jared Bok
Keyword(s):  
Social Capital ◽  
Religious Identity ◽  
Multiple Correspondence Analysis ◽  
Network Size ◽  
Bonding Social Capital ◽  
Organizational Network ◽  
Bridging Social Capital ◽  
Mission Agencies ◽  
Bonding And Bridging

A religious organization’s choice of activities is shaped not only by theological goals but also the capital available to it. Prior research has shown how economic and religious capital influence Protestant missionary organizations’ repertoires of activism but has largely ignored the role of social capital. Using the most recent data on transnational American Protestant mission agencies, this study aims to fill this gap. Using a Bourdieuian field approach and multiple correspondence analysis, the study finds that linking and bonding social capital both shape whether an agency generalizes rather than specializes in specific ministry activities. Both bonding and bridging social capital, in turn, prompt a more other-worldly than this-worldly ministry orientation, but this is a pattern most characteristic of Evangelical agencies, suggesting an intersection between religious identity and organizational network size. The study concludes by discussing the implications of these findings for interorganizational collaboration and resource use.

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