Entrepreneurial versus cooperative social capital: The impact on operational performance

Abstract

Research has extensively focused on how firms can become more competitive, by discovering new knowledge domains while exploiting current ones. Prior research has shown the positive impact of social capital on performance; however, there have been no empirical studies that distinguished between the architectures of social capital and how they impact the operational performance dimensions. Building upon the knowledge-based theory, we propose a model to examine the effects of the two architectures of social capital (entrepreneurial and cooperative) on individual dimensions of operational performance (quality, delivery, flexibility and cost). The hypotheses are tested using structural equation modelling and data collected from 182 companies in Ireland. The results show that the cooperative social capital archetype supports the operational performance dimensions, while the entrepreneurial social capital archetype only impacts the cost dimension. The findings extend the current understanding about the complex relationships among the architectures of social capital and provide guidance for managers on how to leverage their investments in social capital to enhance specific operational performance dimensions.

The Influence of Entrepreneurs’ Online Popularity and Interaction Behaviors on Individual Investors’ Psychological Perception: Evidence From the Peer-To-Peer Lending Market

“…The more cognitive interactions entrepreneurs make, the better the investor's feedback will be. This is consistent with the existing literature, such as BrandFog (2012), Cruz andMendelsohn (2012), andBonner et al (2021). The presentation of product details and other cognitive information needs to be processed by the cold system, as described earlier in this paper.…”

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Circular business model: Breaking down barriers towards sustainable development

“…Cost Bonner et al (2021); Boyer and Lewis (2002); Corbett and van Wassenhove (1993); Flynn and Flynn (2004); Garvin (1987); Singh et al (2015); Skinner (1974) Flexibility Bonner et al (2021); Boyer and Lewis (2002); Corbett and van Wassenhove (1993); Flynn and Flynn (2004); Garvin (1987); Oke (2013); Singh et al (2015); Skinner (1974); Swamidass (1988) Delivery performance…”

“…For example, flexibility, defined by Swamidass (1988), can be operationalized as product mix flexibility or volume flexibility, alternatively, even the quality, which is presented by eight different dimensions (Garvin, 1987). Delivery performance provides how successful the supply chain is at providing products and services to the client (Bonner et al, 2021). Innovation, which was a late addition (Singh et al, 2015), can involve product ideas (Oke, 2013).…”

The financial and green effects of cultural values on mission drifts in European social enterprises

“…In addition, there are many studies linking cultural dimensions to corporate sustainability choices. Many empirical studies are now taking into account culture while assessing corporate sustainability (Bonner et al, 2021; Keitsch et al, 2016; Packalén, 2010; Renn, 2004; Vastola et al, 2017). While some scholars focused in particular on corporate social disclosure (Vitolla et al, 2019), others have studied the influence of cultural dynamics on the consumer perceptions of corporate sustainability (Mateo‐Márquez et al, 2021).…”