scholarly journals A Meta-Analysis on the Impact of Social Capital on Firm Performance in China’s Transition Economy

2020 ◽  
Vol 12 (7) ◽  
pp. 2642 ◽  
Author(s):  
Tu LYU ◽  
Xiangfeng JI
Keyword(s):  
Social Capital ◽  
Firm Performance ◽  
Transition Economy ◽  
Meta Analysis ◽  
High Tech ◽  
The Social ◽  
Specific Performance ◽  
Market Areas ◽  
The Impact ◽  
The Relationship

There is almost no research consensus on the influence of social capital on firm performance in China, which motivates our study in this paper. Our research aim here is to identify the effect of contextual and methodological moderators on the relationship between social capital and firm performance in China’s transition economy. Meta-analysis is employed to explore the impact of social capital on firm performance and to identify moderators affecting the relationship based on 106 independent studies between 2008 and 2018. The results demonstrate that the social capital–performance link is positive and significant in China. Particularly, social capital has a stronger positive relationship with performance in high-tech industries or in low-level marketization. Meanwhile, the social capital–performance link depends on the specific performance measures and dimensions. The paper clearly indicates the value of cultivating social capital and reveals that distinct types of social capital are needed at different points in different industries and market areas.

The impact of service innovation on firm performance: a meta-analysis

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Changli Feng ◽  
Ruize Ma ◽  
Lin Jiang
Keyword(s):  
Firm Performance ◽  
Positive Impact ◽  
Meta Analysis ◽  
Service Innovation ◽  
Future Research ◽  
Quantitative Review ◽  
Content Type ◽  
And Performance ◽  
The Impact ◽  
The Relationship

PurposeWith the rise of service economy, many companies are attempting to gain a competitive advantage through service innovation. However, the existing research has not drawn consistent conclusions about the relationship between service innovation and firm performance. Hence, the purpose of this paper is to provide a quantitative review on the service innovation-performance relationship based on research findings reported in the extant literature.Design/methodology/approachStudies from 46 peer-reviewed articles were sampled and analyzed. A meta-analytic approach was adopted to conduct a quantitative review on the relationship between service innovation and firm performance, and the effects of any potential moderators were further explored.FindingsThe results found that service innovation has a significant positive impact on firm performance. Additionally, the relationship between service innovation and firm performance is influenced by measurement moderators (economic region and performance measurement), and contextual moderators (firm type, innovation type, customer factors and attitudes toward risk).Originality/valueThe meta-analysis has been used to explore the relationship between service innovation and firm performance, and the findings have contributed to the literature on service innovation, as well as providing future research directions.

scholarly journals Contribution of Design Indicators in Perception of Social Capital, and Interference of Socio-Demographic Information in the Process

2021 ◽  
Vol 13 (7) ◽  
pp. 3589
Author(s):  
Akbar Rahimi ◽  
Mahsa Tarashkar ◽  
Banafshe Jahantab
Keyword(s):  
Social Capital ◽  
Social Control ◽  
Social Indicators ◽  
Urban Parks ◽  
Personal Characteristics ◽  
Informal Social Control ◽  
The Social ◽  
The Impact ◽  
The Relationship ◽  
Effective Contribution

Social capital is the effective contribution of social groups through providing a context for cooperation, sense of identity, and perception of social norms. Urban parks are important components of cities, helps building the social capital within urban societies. This study examines the social capital of important urban parks of Tehran, Iran, using three main criteria: informal social control, social cohesion, and social leverage. A stratified random sample of 330 users were selected and asked to rank the social capital criteria using a questionnaire involving five-point Likert scale questions. The results show mutual relationship between informal social control and social leverage (r = 0.62, α = 0.00), and also inter-relationship between design indicators and perceived social capital. People from lower age group and higher educational level show highest perception of social capital. Perceptual difference were observed between genders. Women experience higher esthetic perception (α = 0.00), security (α = 0.01), and accessibility (α = 0.03). The study, while proving the relationship between social indicators and design features, and the impact of personal characteristics on the perception of social capital, indicates social inequality in citizens’ equal benefit of social capital. Measures must be taken to increase social capital in society and solve the significant lower perceptions of some social capital indicators among specific groups.

Culture and social capital network effects on the survival and performance of high-tech micro and small firms

2018 ◽  
Vol 25 (1) ◽  
pp. 81-106 ◽  
Author(s):  
Cory Hallam ◽  
Carlos Alberto Dorantes Dosamantes ◽  
Gianluca Zanella
Keyword(s):  
Social Capital ◽  
Firm Performance ◽  
Empirical Research ◽  
Cultural Context ◽  
Small Firms ◽  
Mediating Effect ◽  
High Tech ◽  
Regional Culture ◽  
Content Type ◽  
The Impact

Purpose The purpose of this paper is to propose an integrated theory to explain the effect of regional culture on high-technology micro and small (HTMS) firm outcomes. The integrated culture-social capital outcomes (CSCO) model examines the impact of culture on performance and evolution of HTMS firms through the mediating effect of intra-firm and inter-firm social capital. Design/methodology/approach Theoretical insights from social capital and culture are combined with the results of previous empirical observations to explain cross-cultural differences in the performance of HTMS firms. The authors then propose the CSCO model as a means to integrate and advance theory building. Findings The CSCO model explains the impact of culture on performance and evolution of HTMS firms through intra-firm and inter-firm social capital networks. Cultural context affects the performance of high-tech micro and small firms through the nature and structure of the networks involved in building and exploiting inter-firm and intra-firm social capital. Moreover, regional culture indirectly influences the balance between positive and negative effects of social capital on firm performance. These observations explain inconsistent findings from past empirical research and contribute to understanding the “embeddedness paradox” of social capital. Research limitations/implications The present model is not comprehensive. It does not account for many contextual factors identified in organizational network and cluster literature that contribute to the development of HTMS firms. Future research should consider the relationships between the three dimensions of social capital and seek to test the model with rigorous data collection and analysis. Originality/value While past studies focus on the direct relationship between regional culture and firm performance, this paper proposes the mediating effect of internal and external social capital between cultural context and firm performance. This proposal contributes to social capital and entrepreneurship literature and provides a potential explanation for inconsistent findings in past empirical research.

Social Capital and Entrepreneurial Performance in Russia: A Longitudinal Study

2003 ◽  
Vol 24 (4) ◽  
pp. 535-556 ◽  
Author(s):  
Bat Batjargal
Keyword(s):  
Social Capital ◽  
Firm Performance ◽  
Social Embeddedness ◽  
Face To Face ◽  
Structural Embeddedness ◽  
The Social ◽  
Relational Embeddedness ◽  
Soviet Russia ◽  
The Impact

Drawing on the social embeddedness perspective, this article examines the impact of entrepreneurs' social capital on their firm performance in post-Soviet Russia. Based on face-to-face interviews with 75 Russian entrepreneurs in 1995 and follow-up interviews in 1999, the study examines effects of structural embeddedness, relational embeddedness and resource embeddedness on firm performance. The main finding is that relational embeddedness and resource embeddedness have direct positive impacts on firm performance, whereas structural embeddedness has no direct impacts on performance.

The Impact of Social Capital and Institutional Trust on Attitudes Towards Innovation

2018 ◽  
Vol 2018 (4) ◽  
pp. 3-24
Author(s):  
Asiya Bakhtigaraeva ◽  
Viktor Bryzgalin
Keyword(s):  
Social Capital ◽  
Institutional Environment ◽  
New Technology ◽  
Negative Attitude ◽  
Institutional Trust ◽  
Russian Regions ◽  
The Social ◽  
The Impact ◽  
The Relationship ◽  
Specific Technology

The article examines the impact of social capital and institutional trust on attitudes towards innovation. On a sample of 6077 respondents representing 10 Russian regions, it was found that social capital and institutional trust positively influence the attitude towards technologies in general. The analysis of a specific technology (automated judicial systems) showed that the relationship can also be reversed: the lower the social capital, the more positively the respondents refer to the introduction of new technology. These results may indicate that in conditions of poor institutional environment and in spheres that require high interpersonal and institutional trust, technologies allowing people to go to depersonalized relationships may be accepted, despite the negative attitude towards technologies in general. The findings allow us to take a fresh look at the prospects of introducing breakthrough technologies depending on the socio-cultural and institutional environment and contribute to the development of research on the impact of socio-cultural factors on the economy.

Social Movements and Social Capital: A Network Perspective on Movement Outcomes

1997 ◽  
Vol 2 (2) ◽  
pp. 129-147 ◽  
Author(s):  
Mario Diani
Keyword(s):  
Social Capital ◽  
Social Movements ◽  
Collective Identity ◽  
Mutual Recognition ◽  
Political Elites ◽  
Mutual Trust ◽  
Structural Position ◽  
The Social ◽  
The Impact ◽  
The Relationship

This article presents an approach to the study of the consequences of social movements that focuses on their capacity to produce "social capital." By social capital I mean ties that are based on mutual trust and mutual recognition among the actors involved in the relationship, although they do not necessarily imply the presence of collective identity. The influence of social movements may be regarded as dependent on their structural position, i.e., on the solidity of the linkages within the movement sector as well as—more crucially—of the bonds among movement actors, the social milieu in which they operate, and cultural and political elites. Therefore, the impact of a given movement or movement sector will be assessed in the light of changes in its components' relative centrality in various social networks. The broader the range of social capital ties emerging from a period of sustained mobilization, the greater the impact.

Outside Directors' Social Capital and Firm Performance: A Complex Network Approach

2012 ◽  
Vol 40 (8) ◽  
pp. 1319-1331 ◽  
Author(s):  
Ji-Hwan Lee ◽  
Chul Choi ◽  
Jae Min Kim
Keyword(s):  
Social Capital ◽  
Firm Performance ◽  
Complex Network ◽  
Negative Impact ◽  
Closeness Centrality ◽  
Outside Directors ◽  
Empirical Examination ◽  
Firm Financial Performance ◽  
The Social ◽  
The Relationship

In this paper we investigated whether or not the social capital of outside directors has an impact on firm financial performance and value, using a sample of 480 outside directors from 125 large Korean public trading companies. In order to measure social capital of outside directors, we mapped out their social networks on the basis of their personal affiliation in terms of educational and career background, and applied 2 commonly used complex network analysis measures; betweenness centrality and closeness centrality. A review of the existing literature led us to propose 2 competing hypotheses: first, that there would be a positive relationship between social capital of outside directors on boards and firm performance and second that the relationship would exist, but in a negative direction. The results of our empirical examination revealed a negative impact of outside directors' social capital on firm performance and value.

Entrepreneurial orientation, new product development and firm performance: the moderating role of legitimacy in Chinese high-tech SMEs

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yunqing Liu ◽  
Min Wang
Keyword(s):  
Firm Performance ◽  
Product Development ◽  
New Product Development ◽  
Entrepreneurial Orientation ◽  
Transition Economy ◽  
New Product ◽  
High Tech ◽  
Content Type ◽  
The Relationship

PurposeThis paper examines the relationship of entrepreneurial orientation (EO), new product development (NPD), legitimacy (political and market) and firm performance (FP). The authors investigate how and when EO improves FP in high-tech small and medium-size enterprises (SMEs).Design/methodology/approachThe paper formulates 5 hypotheses from literature review and theoretical deduction. The hypotheses are tested using ordinary least squares (OLS) regression with data collected from 219 randomly selected SMEs operating in high-tech industries of China.FindingsThe findings show that the mechanism of EO improve FP in high-tech SMEs by considering NPD as a mediator and legitimacy as moderators: (1) NPD plays a mediating role in the relationship between EO and FP, (2) market legitimacy (ML) positively moderating the effect of EO on FP and (3) both political legitimacy (PL) and ML positively moderating the effect of NPD on FP.Research limitations/implicationsFor the limitations, the firms the authors’ surveyed are SMEs that are not listed companies, which cause some limitations. For the implications, the authors propose some recommendations based on the findings to help Chinese SMEs to enhance performance.Originality/valueThe existing research on EO–FP linkage remains elusive findings. The paper reconciled the inconsistency by providing a nuanced mechanism of how EO promotes FP in high-tech SMEs of Chinese transition economy. By explain the important role of NPD in high-tech SMEs, the findings shed light on the mediators between EO and FP and the moderators. By emphasize the different role of ML and PL in determining EO–FP and NPD–FP linkages, the findings illustrate the peculiarity of contingency factors in a transition economy.

scholarly journals Ownership Concentration and Firm Performance in Transition Economies: Evidence from Montenegro

2015 ◽  
Vol 4 (3) ◽  
pp. 5-64 ◽  
Author(s):  
Zorica Kalezić
Keyword(s):  
Corporate Governance ◽  
Firm Performance ◽  
Transition Economy ◽  
Focal Point ◽  
Ownership Concentration ◽  
Primary Data ◽  
Empirical Literature ◽  
The Impact ◽  
First Time ◽  
The Relationship

AbstractThe relationship between ownership concentration and firm performance has been the focal point of corporate governance literature and the subject of rather rich empirical literature. However, the current literature lacks uniformity and consensus regarding the nature and direction of this relationship. This research aims to contribute to this literature by investigating the relationship in a small and open transition economy of Montenegro.We use primary data1from the period 2004-2008 to analyse, for the first time, the impact of ownership concentration on firm performance in Montenegro. The results support the hypothesis that high ownership concentration enables effective monitoring by investors to protect their interests; i.e. in the specific circumstances of transition, ownership structure may be (temporarily) used as a viable substitute for the still underdeveloped corporate governance framework.

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