“…HC is a very important asset for any organization and represents the basis for socioeconomic development in every country as "a progressive contributor of economic growth" (Aslam, 2020). In this light, Ersozlu, Wildy, and Bastas (2018) argue that HC represented by the IC can be built, among others, on "social relations or networks" as a positive hub in the society, as discussed earlier by some authors (Dana, Etemad, & Wright, 2000;Etemad, Wright, & Dana, 2001;Palalic, Durakovic, Brankovic, & Ridic, 2016;Palali c, Ramadani, Welsh, Dizdarevi c, & Dilovi c, 2019).…”