The importance of new forms of capital in nonprofit organizations

2017 ◽  
Vol 44 (7) ◽  
pp. 846-868 ◽  
Author(s):  
Paulo Mourão ◽  
Teresa Pereira ◽  
Maria Cristina Moreira
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Nonprofit Organizations ◽  
Survey Research ◽  
Design Methodology ◽  
Organizational Capacity ◽  
Financial Capital ◽  
Red Cross ◽  
Capital Social ◽  
Content Type

Purpose The purpose of this paper is to understand the extent to which new forms of capital are noticed by different members of nonprofit organizations (directors, employees, and volunteers) and valued as a factor of organizational capacity. Design/methodology/approach Using survey research methodology, the authors studied a nonprofit institution – a delegation of the Portuguese Red Cross located in Fafe, a city in northern Portugal, by giving a questionnaire to all its members. Findings The respondents revealed that the existence of other forms of capital (in addition to financial capital) is recognized and valued and that human capital as a whole is particularly relevant to the fulfillment of the Fafe Delegation of Portuguese Red Cross’ mission. Originality/value This is the first study on the perceptions of human capital, social capital and financial capital in a Portuguese nonprofit organization.

Getting more than money through online crowdfunding

2019 ◽  
Vol 11 (2) ◽  
pp. 171-186 ◽  
Author(s):  
Stephanie Macht ◽  
Geoffrey Chapman
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Qualitative Analysis ◽  
Design Methodology ◽  
Psychological Capital ◽  
Financial Capital ◽  
Message Board ◽  
Content Type ◽  
Message Boards ◽  
Practical Implications

Purpose Many businesses invest significant resources to develop human, social and psychological capital, yet Crowdfunding (CF) activities have the potential to build all of these non-financial forms of capital at the same time as raising finance. The purpose of this paper is to explore the non-financial forms of capital that entrepreneurs and businesses using online CF activities can gain from their backers without having to ask for it. Design/methodology/approach The study used thematic, qualitative analysis to explore the comments and queries that crowdfunders posted on the publicly visible message board of individual CF projects on Kickstarter, one of the world’s leading crowdfunding platforms (CFPs). Findings Fund-seekers can gain more than money from crowdfunders: they can enhance their own human capital (e.g. knowledge of the viability of the project), social capital (e.g. the development of a bonding relationship) and psychological capital (e.g. self-efficacy and resilience) by effectively interpreting unsolicited comments and questions. Research limitations/implications This study is based on typed comments on CFP message boards, which limits insights into underlying reasons and motivations. However, the qualitative analysis of message board comments demonstrates how this type of data can be utilised to explore crucial aspects of CF that have to date been neglected. Practical implications Comments from many crowdfunders can provide useful information to fund-seeking entrepreneurs and businesses, although some of it may require interpretation. Originality/value The opportunity for fund-seekers to gain non-financial capital from crowdfunders, without having to ask for it, has not previously been explicitly considered in the field.

Human capital, social capital and organizational performance

2014 ◽  
Vol 52 (2) ◽  
pp. 350-364 ◽  
Author(s):  
J. Augusto Felício ◽  
Eduardo Couto ◽  
Jorge Caiado
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Organizational Performance ◽  
Cognitive Ability ◽  
Design Methodology ◽  
Strategic Decision ◽  
Capital Social ◽  
Content Type ◽  
Communication Methods ◽  
Practical Implications

Purpose – The aim of this paper is to evaluate the human capital and social capital of managers and the influence of these attributes on the performance of small and medium-sized Portuguese companies. Design/methodology/approach – The structural modeling approach was applied to a sample of 199 small and medium-sized companies aged between 3 and 15 years, from five different sectors of activity. Findings – It was found that human capital affects social capital, and that experience and cognitive ability influence personal relations and complicity. Organizational performance is strongly influenced by human capital through the cognitive ability of the manager. Practical implications – Based on these findings managers can gain a better knowledge about how to improve the performance of their firms, for example through adjustments in communication methods or strategic decision capacities. Originality/value – This work is innovative in the sense that it confirms the influence of human capital on social capital, and shows that it is cognitive ability that affects organizational performance.

scholarly journals Determinants of Micro-Enterprise Success through Microfinance Institutions: A Capital Mix and Previous Work Experience

2020 ◽  
Vol 21 (2) ◽  
pp. 803-823
Author(s):  
Waseem Ul Hameed ◽  
Hisham Bin Mohammad ◽  
Hanita Binti Kadir Shahar
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Work Experience ◽  
Financial Capital ◽  
Primary Data ◽  
Research Approach ◽  
Capital Social ◽  
Microfinance Institutions ◽  
Enterprise Success

The prime objective of the study is to highlight the role of the capital mix (financial capital, social capital, human capital) on women micro-enterprise success with moderating role of previous work experience. Women owned micro-enterprise success is less as compared to the male owned micro-enterprsie, particularly in Pakistan. Rate of faliure in women micro-enterpeise is more, that is the reason women community is one of the most vulnerable group worldwide. It is evident from literature that less attention has been paid to highlight the importance of three types of capital for women micro-enterprise. To adress this issue, the current study adopted quantitative research approach and based on cross-sectional research design. Primary data was collected by using 5-point Likert scale. Questionnaires were distributed among the owners of women micro-enterprise in Pakistan by using area cluster sampling. SmartPLS 3 was used to analyze the data. It is found that financial capital, social capital and human capital has significant positive relationship with women micro-enterprise success and previous work experience moderates the relationship. Hence, this study contributed by developing a unique framework for women micro-enterprise success. It will be beneficial for practitioners to enhance women micro-enterprise success rate.

Predicting entrepreneurial opportunity recognition in higher education: a case from Iran

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Hossein Mehdizadeh ◽  
Hesamedin Gholami ◽  
Nematollah Shiri ◽  
Mojgan Khoshmaram
Keyword(s):  
Higher Education ◽  
Social Capital ◽  
Human Capital ◽  
Opportunity Recognition ◽  
Equation Modeling ◽  
Capital Social ◽  
Entrepreneurial Opportunity ◽  
Statistical Population ◽  
Content Type ◽  
Environmental Support

PurposeAlthough extensive governmental efforts have taken place to promote entrepreneurship in Iran, based on global entrepreneurship monitor report, the rate of perceived opportunities among young people, especially those with university education, has dropped. Since the perceived entrepreneurial opportunities are the first and most important step in the entrepreneurship process, this study identified the factors affecting the entrepreneurial opportunity recognition in Iranian higher education.Design/methodology/approachThe statistical population included 127 senior undergraduate students in all majors of agriculture at Ilam University. The sample size was determined by using the Krejcie and Morgan’s (1970) sampling table to be 100 senior undergraduate agriculture students at Ilam University, Ilam province, Iran, selected through a stratified random sampling technique.FindingsThe results showed that the perceived entrepreneurial opportunity among students was moderately low. According to structural equation modeling, the alertness, human capital, social capital and environmental support variables had a positive and significant effect on the entrepreneurial opportunity recognition.Research limitations/implicationsRegarding the research implications, the present study, with providing and testing a model for developing the entrepreneurial opportunity recognition among students in a developing country (Iran) with diverse cultures and values, has improved the literature of entrepreneurship in higher education.Practical implicationsBased on results instructors in higher agricultural education can use active teaching and learning methods, such as creating ideas, experiential and service learning, teamwork and practical work, critical thinking and problem-solving in education. Also, financial, technical and consultative support of instructors and managers in agricultural colleges to implement, launch and commercialize agricultural students' entrepreneurial ideas and projects is needed.Originality/valueThe findings indicated the importance of alertness, human capital, social capital and environmental support on the entrepreneurial opportunity recognition among students. Findings showed that ecological approach could be used to develop students' entrepreneurial opportunity recognition.

scholarly journals Resource configurations for new family venture growth

2018 ◽  
Vol 24 (2) ◽  
pp. 521-537 ◽  
Author(s):  
Mark R. Mallon ◽  
Stephen E. Lanivich ◽  
Ryan L. Klinger
Keyword(s):  
Human Capital ◽  
Comparative Analysis ◽  
Family Business ◽  
Design Methodology ◽  
Qualitative Comparative Analysis ◽  
Financial Capital ◽  
Content Type ◽  
New Family ◽  
Practical Implications ◽  
Shed Light

Purpose Sustainable Family Business Theory states that human, social, and financial capital are important for new family venture growth, yet there may be multiple combinations that could be beneficial. The purpose of this paper is to examine whether all three types of resources are always needed for growth. Design/methodology/approach Fuzzy-set Qualitative Comparative Analysis, a configurational method, is used to investigate which combinations of human, social, and financial capital consistently lead to new family venture growth. Findings Multiple distinct combinations of resources – usually containing some form of human capital along with either social or financial capital – were sufficient for new family ventures to grow. Research limitations/implications The findings contribute to a more accurate Sustainable Family Business Theory in terms of the resource bundles needed to achieve growth. Not all three primary resources are needed at founding for the venture to grow. Results suggest a need for renewed focus on human capital in family venture research, as well as further investigations of the resource configurations uncovered here and their effects on family firm outcomes. Practical implications Given the costs associated with acquiring resources, the findings can inform family entrepreneurs and other stakeholders purposed with assisting new family ventures regarding optimal avenues of achieving growth. Originality/value This study advances theory by demonstrating which combinations of primary resources lead to new family venture growth. The findings shed light on how human, social, and financial capital may substitute for each other, as well as how the value of each depends on the presence or absence of the others.

Age and the pursuit of happiness among immigrants

2017 ◽  
Vol 44 (12) ◽  
pp. 2052-2066 ◽  
Author(s):  
Sarinda Taengnoi Siemers ◽  
Denise Robson
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Design Methodology ◽  
Age Groups ◽  
Religious Institutions ◽  
Content Type ◽  
Older Immigrants ◽  
Nationally Representative ◽  
Practical Implications

Purpose The purpose of this paper is to explore how various factors, particularly ones associated with ability to assimilate to a new country such as social capital and human capital, may affect the happiness of immigrants in different age groups. Design/methodology/approach The study utilizes the New Immigrant Survey 2003, which is a nationally representative survey of immigrants who became permanent US residents, to produce four separate ordered logit regressions, each for a different age group, 18-34, 35-49, 50-59, and 60 and older. Findings The empirical results indicate that employment is important to happiness among young immigrants (age 18-34). For middle-aged immigrants happiness is strongly related to family life (i.e. being married, having children), human capital, and wealth. For older immigrants (age 60 and over) happiness is significantly linked to social capital (i.e. involvement in religious institutions, communication ties to friends and family). Practical implications Understanding factors associated with the happiness of immigrants can help communities to undertake appropriate support and services for different age groups. Originality/value The study differentiates what contributes to the happiness of immigrants in different age groups. Most studies only include a binary categorical variable for age groups and do not employ a fully differentiated analysis for age. The study also explores how social capital relates to happiness. Studies of happiness among immigrants mostly omit any role of social capital variable.

scholarly journals Maximizing Religious Capital: Building English Villages Based on Islamic Education around the Campus

Nadwa ◽  
2019 ◽  
Vol 13 (2) ◽  
pp. 337
Author(s):  
Muhammad Saifullah ◽  
Sofa Muthohar ◽  
Sayyidatul Fadlilah
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Natural Capital ◽  
Physical Capital ◽  
Financial Capital ◽  
Learning Center ◽  
Capital Social ◽  
Font Size ◽  
Religious Activities ◽  
Religious Capital

<p class="MsoNormal" style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; text-align: justify;"><span style="font-size: 10.0pt;">Some Islamic groups, especially the traditional Indonesian circles, have a negative view of English. English is considered the language of infidel invaders and the language of hell. This paper aims to describe the development of society in implementing Islamic religious education while eliminating the negative impression of the use of English in Islamic societies to be an important language to be learned as a language of global communication. The research method uses the sociological phenomenological method. The results showed that the Amanah village had six social capital namely human capital, social capital, natural capital, physical capital, and financial capital and religious capital. The development strategy undertaken is to maximize religious capital by establishing religious institutions and carrying out religious activities by being given English language lessons. There are two centers of activity, namely the Baitussalam mosque and the AleC (Amanah Learning Center). Other capital that plays a significant role is social capital that is inclusive and accommodating towards migrants.</span></p><p class="MsoNormal" style="text-align: justify;"><strong><span style="font-size: 10.0pt; mso-ascii-font-family: 'Times New Roman'; mso-ascii-theme-font: major-bidi; mso-hansi-font-family: 'Times New Roman'; mso-hansi-theme-font: major-bidi; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: major-bidi;">Abstrak</span></strong></p><p class="MsoNormal" style="text-align: justify;"><span style="font-size: 10.0pt; mso-ascii-font-family: 'Times New Roman'; mso-ascii-theme-font: major-bidi; mso-hansi-font-family: 'Times New Roman'; mso-hansi-theme-font: major-bidi; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: major-bidi;">Sebagian masyarat Islam terutama kalangan tradisional Indonesia berpandangan negative terhadap bahasa Inggris. Bahsa inggris dianggap sebagai bahasa para penjajah yang kafir dan bahasa neraka. Tulisan ini bertujuan untuk menggambarkan pembangunan masyarakat dalam melaksanakan pendidikan Agama Islam sekaligus menghilangkan kesan negative penggunaan bahasa Inggris di masyarakat Islam menjadi bahasa penting untuk dipelajari sebagai bahasa komunikasi global. Metode penelitian menggunakan metode fenomenologis sosiologis. Hasil penelitian menunjukkan bahwa kampung Amanah memiliki enam modal sosial yaitu human capital, social capital, natural capital, physical capital dan financial capital serta religious capital. Strategi pembangunan yang dilakukan yaitu dengan memaksimalkan modal relgius dengan mendirikan institusi agama dan menjalankan kegiatan-kegiatan agama dengan diberi sisipan pelajaran bahasa Inggris. Pusat kegiatan ada dua yaitu masjid baitussalam dan AleC (Amanah Learning Center). Modal lain yang sangat berperan adalah modal sosial masyarakat yang bersikap inklusif dan akomodatif terhadap para pendatang. </span></p><p class="MsoNormal" style="text-align: justify;"><span class="tlid-translation"><span style="mso-ansi-language: EN;" lang="EN"> </span></span></p>

Problems of human capital development when employing migrant workers

2019 ◽  
Vol 10 (1/2) ◽  
pp. 35-48
Author(s):  
Xinlei Sha ◽  
Bill Taylor
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Migrant Workers ◽  
Financial Capital ◽  
Ethnographic Research ◽  
Human Capital Development ◽  
Content Type ◽  
Cultural Terms ◽  
Capital Development ◽  
Participatory Observation

Purpose This paper aims to investigate how human capital of rural migrant workers is regulated and manipulated at ten petrol stations in one Chinese coastal city. The research is based on ethnographic research with participatory observation at forecourts and interviews with managers and workers. This paper argues that human capital development is inhibited by patterns of discrimination, such as in the treatment of rural migrants in China’s coastal urban areas. Instead, human capital is developed as migrant workers learn to resist management rules by relying on social capital networks. This requires management to confront or acquits some control to workers, which itself may benefit employers in certain circumstances. There has been a tendency towards analysing non-financial capital in positivist frameworks within human resource management (HRM), in which human capital and social capital are seen in terms of their contribution to profits. There has also been a tendency within Chinese HRM to sometimes understand social networks in normative cultural terms, in which Chinese identities as being or seeking harmonies. Design/methodology/approach This paper, based on a qualitative research, shows that a more nuanced approach may be needed, one that understands tensions and countervailing forces. The research is based on ethnographic research with intensive participatory observation at forecourts and interviews with managers and workers. Findings The way human capital can be developed to restrict management prerogative, though this may benefit employer’s interests. Originality/value There has been a tendency towards analysing non-financial capital in positivist frameworks within HRM, in which human capital and social capital are seen in terms of their contribution to profits. There has also been a tendency within Chinese HRM to sometimes understand social networks in normative cultural terms, in which Chinese identities as being or seeking harmonies. This paper shows a more nuanced approach may be needed, one that understands tensions and countervailing forces.

scholarly journals Model of Entrepreneurial Success: A Review and Research Agenda

2017 ◽  
Vol 2 (1) ◽  
pp. 40-58 ◽  
Author(s):  
Maheshwar Prasad Yadav
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Research Agenda ◽  
Innovation Management ◽  
Vital Role ◽  
Financial Capital ◽  
Capital Social ◽  
Entrepreneurial Success ◽  
Management Skills ◽  
Personal Motivation

 The aim of this paper is to review the entrepreneurial models in order to identify most widespread factors of entrepreneurial success. This study comprises descriptive cum analytical research design. Nine models of entrepreneurial success were reviewed that led to three important findings. The first one is the both micro and macro factors, i.e., individual and environment contexts are necessary to build a comprehensive model of entrepreneurial success. The second is all three types of social, financial and human capital are essential to build a complete model that can explain entrepreneurial success in a better way. The third is the opportunity, environment and resources played the strong role; entrepreneur, innovation, management skills, organization and personal motivation played the moderate role while the weak role-played by the other factors as a whole. Based on the results, the study concludes that the recent research agenda of entrepreneurial success are: Do these factors play vital role for entrepreneurial success in the context of developing country like Nepal? Do entrepreneurs equipped with higher financial capital, social capital, and human capital more likely to be successful? What financial capital, social capital, and human capital matters for entrepreneurial success? How do financial, social, and human resources used by entrepreneurs behave and interact?

Does knowing overcome wanting? The impact of consumer knowledge and materialism upon credit card selection with young consumers

2015 ◽  
Vol 16 (1) ◽  
pp. 50-70 ◽  
Author(s):  
Jakob Cakarnis ◽  
Steve Peter D'Alessandro
Keyword(s):  
Comparative Study ◽  
Survey Research ◽  
Credit Card ◽  
Design Methodology ◽  
Credit Cards ◽  
Consumer Knowledge ◽  
Content Type ◽  
Young Professionals ◽  
The Impact ◽  
Selection Of

Purpose – This paper investigates the determinants of credit card use and misuse by student and young professionals. Critical to the research is the impact of materialism and knowledge on selection of the appropriate credit card. Design/methodology/approach – This study uses survey research and partial least squares to investigate credit card behaviors of students versus young professionals. Findings – In a comparative study of young professionals and students, it was found that consumer knowledge, as expected, leads to better consumer selection of credit cards. Materialism was also found to increase the motivation for more optimal consumer outcomes. For more experienced consumers, such as young professionals, it was found that despite them being more knowledgeable, they were more likely to select a credit card based on impulse. Originality/value – This paper examines how materialism may in fact encourage some consumers to make better decisions because they are more motivated to develop better knowledge. It also shows how better credit card selection may inhibit impulse purchasing.

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