“…Social capital, thus relates to the efficient use of intangible resources and assets that arise from and are accessed in social networks through the web of relationships in intra‐ and inter‐organizational contexts (e.g., Colbert et al, 2016; Inkpen and Tsang, 2005; Arregle et al, 2007; Ellinger et al, 2011; Payne et al, 2011). Given that there is also a strong body of evidence that social capital development is important for improved organizational performance (e.g., Adler and Kwon, 2002; Sirmon and Hitt, 2003; Andrews, 2010), recent studies on social capital have particularly focused upon its application to strategic issues, including competitive advantage (Arregle et al, 2007) and strategic HRM (e.g., Sozen et al, 2016; Methot et al, 2018; Lengnick‐Hall et al, 2019).…”