2011
DOI: 10.1007/s10490-011-9278-0
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Leaders’ social ties, knowledge acquisition capability and firm competitive advantage

Abstract: Drawing on the relational and knowledge-based views of competitive advantage, this study links leaders' social ties and knowledge acquisition capability to competitive advantage of a firm. Specifically, it posits that leaders' business ties and government ties have differential effects on firm competitive advantage. It further posits that the effect of leaders' business ties on firm competitive advantage will be positively moderated by knowledge acquisition capability, and the effect of leaders' government tie… Show more

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Cited by 85 publications
(85 citation statements)
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References 72 publications
(105 reference statements)
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“…Further, in an increasingly market-driven environment, the impact of strategic initiatives aimed at boosting firms' competitive advantage is straightforward (Wu & Chen, 2012;Xu, Huang, & Gao, 2012;Zhou & Li, 2007). From a resource-based standpoint, firms able to embark on strategic initiatives possess valuable, rare, and hard-to-imitate capabilities that may differentiate them from those unable to do so (Barney, 1991).…”
Section: Impact On Firm Performancementioning
confidence: 99%
“…Further, in an increasingly market-driven environment, the impact of strategic initiatives aimed at boosting firms' competitive advantage is straightforward (Wu & Chen, 2012;Xu, Huang, & Gao, 2012;Zhou & Li, 2007). From a resource-based standpoint, firms able to embark on strategic initiatives possess valuable, rare, and hard-to-imitate capabilities that may differentiate them from those unable to do so (Barney, 1991).…”
Section: Impact On Firm Performancementioning
confidence: 99%
“…As mentioned in the previous literature review, most scholars classify it into two dimensions, business guanxi and political guanxi. Wu and Chen [68] designed the indicators of business guanxi as "good interpersonal relationships with suppliers, customers, and distributors." Liu et al [69] designed the indicators of business guanxi as "to have strong capabilities to build good relationships with customers, suppliers, and competitors."…”
Section: (3) Learning Abilitymentioning
confidence: 99%
“…ere are also many indicators designed for political guanxi. Wu and Chen [68] designed the indicators of political guanxi as "good interpersonal relationships with government officials and relevant government departments." Fan [71] designed the indicators of political guanxi as "to establish good relations with influential government officials and project-related government officials and to take actions to maintain good relations with government officials."…”
Section: (3) Learning Abilitymentioning
confidence: 99%
“…These differences are especially evident between developed economies with strong, legitimate supporting formal institutions and emerging economies that are generally characterized by a void of such institutions (Li, He, Lan, & Yiu, 2012;Wu & Chen, 2012). Our goal is that this Special Issue will encourage further research on the use of favors in a global economy that are important for both theory and practice.…”
Section: Favors In a Global Contextmentioning
confidence: 99%