The Level of Social Capital, Innovation and Competitiveness in the Countries of the European Union (EU)

Hvižďáková, Ivana; Urbančíková, Nataša

doi:10.2478/esrp-2014-0009

Cited by 7 publications

(3 citation statements)

References 25 publications

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“…As an intangible resource, territorial capital is a “relational good,” whereby the territory is formed as an organizational system of local actors who invest in the local cognitive patrimony (Vespasiano, 2005). This evidently agrees with the concept of social capital (Coleman, 1990; Putnam, 2000; Trigilia, 2005), arriving at developing the concept of “territorial social capital” (Celata and Coletti, 2014; Hvižďáková and Urbančíková, 2014; Sansone et al , 2015; Obrecht, 2016; Romano et al , 2017).…”

Section: Literature Reviewsupporting

confidence: 84%

Territory-based knowledge management in international marketing processes – the case of “Made in Italy” SMEs

Festa

Rossi

Kolte

et al. 2020

EBR

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Purpose This study aims to analyze the territory as a distinctive factor through which the concept and practice of “Made in Italy” operates. Specifically, the study considers the role of local and sub-national entrepreneurial collaborations that preserve and enhance factors such as history, style and talent as the essence of Italian “quality” and as the pillar of Italian territorial capitalism. Design/methodology/approach The research examines this Italian phenomenon by investigating small and medium enterprises (SMEs) that successfully compete abroad (and also in the domestic market) with a “glocal” approach, adopting the entrepreneurial formula of industrial districts. Findings The results indicate that international expansion is becoming increasingly more complex (as is every growth/development strategy) but that “glocalism” could represent a potential driver for the success of internationalization strategies. Specifically, for SMEs operating in industrial districts, territorial capitalism could emerge as a unique competitive factor, because it is a component of local structural capital and global reputational capital, as in the case of “Made in Italy.” Originality/value In an increasingly globalized market environment, many companies look to foreign markets to maintain and expand competitive advantage and business performance. Once the companies embark on this endeavor, organizations are involved in governing and managing these networks of finance, production and communication and the distribution-related relationships that constitute globalization. The push to engage in international development is currently imperative for SMEs, which need to extend their business engagement beyond conventional local markets and identify and exploit their distinctive competitive advantage to be able to succeed. One possible way of achieving this is the close interaction with the local territories in which these enterprises reside.

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Section: Literature Reviewsupporting

confidence: 84%

Territory-based knowledge management in international marketing processes – the case of “Made in Italy” SMEs

Festa

Rossi

Kolte

et al. 2020

EBR

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“…We collected our samples through convenience sampling and would suggest that future research expand our findings through perhaps an online sampling method and a marketing research firm panel, to increase ecological validity. Another limitation of our study is that we did not directly measure social capital in the USA and Poland, although as Hvižďáková and Urbančíková (2014, p. 124) indicated, “Social capital, like other aggregate and multidimensional concepts, is hard to measure”. As social capital is a macromarketing measure, such as quality of life, and social networking success is a micro-level construct, a causal modelling approach would be very difficult in this case.…”

Section: Implications Limitations and Future Researchmentioning

confidence: 99%

Social networking from a social capital perspective: a cross-cultural analysis

Krishen

Leenders

Muthaly

et al. 2019

EJM

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Purpose Using social capital theory (SCT), the purpose of this research is to determine the success of social networking in societies that may be lower in social capital, for example in Poland, versus those which are higher in social capital, such as the USA. Design/methodology/approach This paper uses a partial least squares approach with a cross-cultural sample. The complete sample consists of 556 participants for this study across the USA (n = 258) and Poland (n = 298). Findings Results indicate that social media success is lower in Poland and that this result is related to lower social networking capital in Polish society. However, the proposed model shows that social media functionality can overcome some of the barriers. Research limitations/implications Limitations include a very specific set of countries rather than a larger set of countries and sample, survey methodology which could be augmented with a mixed methods approach and convenience sampling which ensured homogeneity and matching. Practical implications Based on this research, media designers should attempt to keep information quality high but even more importantly, they should increase interactivity. For Poland in particular, well-designed interactivity can mitigate societal barriers to success of social media, as it can enhance trust in such platforms. Social implications Because of Poland’s history of more than 40 years of communism, the newer generations may eventually become more adaptive to social networking tools and such acceptance could lead to greater social capital, which is important for Polish society from a business perspective as well. Originality/value The most important contribution of this research is that it theoretically and empirically establishes the importance of SCT in relation to social networking across two different countries.

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“…There are various studies on the effects of social capital from different perspectives. These include economic growth (Fukuyama, 1995; Knack and Keefer, 1997; Iyer et al , 2005; Postelnicu and Hermes, 2018), finance and banking (Pilatin and Ayaydın, 2022a, 2022b; Jin et al , 2019; Hasan et al , 2017), higher education (Coleman, 1988), higher financial development (Grootaert, 1999; Guiso et al , 2004) and productivity (Nahapiet and Ghoshal, 1997; Przybyła, 2020), agriculture (Bayramoğlu and Bozdemir, 2020), innovation (Akçomak and ter Weel, 2006; Akçomak and Müller-Zick, 2013; Hvıžďáková and Urbančíková, 2014; Akar and Ay, 2018), lower crime and homicide (La Porta, 1997; Rosenfeld et al , 2001) and better public health opportunities (Kawachi et al , 2004; Gönç Şavran, 2018). Examples are studies that show positive results related to higher value creation and productivity by companies.…”

Section: Theory Literature and Hypothesesmentioning

confidence: 99%

The effect of social capital on housing prices: panel data analysis by province in Turkey

Pilatin

Hepşen

Kayran

2023

IJHMA

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Purpose This study aims to reveal whether social capital has an effect on the housing price index in Turkey, which is a developing country. The research was carried out by using the data on the basis of 81 provinces of Turkey in a 12-year period covering the years 2007–2018. Design/methodology/approach The data were subjected to panel data regression analysis and the related models were tested using the Driscoll-Kraay (1998) Estimator. Findings According to the results of the analysis, it was understood that there is a negative and significant relationship between social capital (SC1) and the housing price index. The results were corroborated by susceptibility testing. As the level of social capital rises in the provinces in Turkey, the manipulative and opportunistic behavior tendencies of individual and corporate house sellers decrease. These results support the principal–agent theory and theory of moral hazard, which constitute the theoretical background of the study. Originality/value No study has been found in the literature on the effect of social capital on housing prices. This situation constitutes the main motivation source of the study and shows its originality.

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The Level of Social Capital, Innovation and Competitiveness in the Countries of the European Union (EU)

Cited by 7 publications

References 25 publications

Territory-based knowledge management in international marketing processes – the case of “Made in Italy” SMEs

Territory-based knowledge management in international marketing processes – the case of “Made in Italy” SMEs

Social networking from a social capital perspective: a cross-cultural analysis

The effect of social capital on housing prices: panel data analysis by province in Turkey

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