The Value of Social Capital to Family Enterprises in Indonesia

Antecedents of a firm’s supply chain agility: the roles of a transactive memory system and supply network flexibility

“…As the operations department develops its TMS, it relies less on the supply base to improve FSCA as solutions can be forged internally. Indeed, the ability to create, maintain, transfer and coordinate knowledge enables the firm to draw on its own abilities instead of consulting external parties to solve problems (Carney et al , 2008). Further, improving FSCA through a firm’s internal processes encourages quick response and eliminates the costs associated with seeking out new suppliers and generating commercial transactions (Williamson, 1975).…”

A Contextualized Transactive Memory System View on How Founding Teams Respond to Surprises: Evidence from China

“…When the channels to access external knowledge are limited, compounded by weak legal enforcement, entrepreneurs in emerging economies may perceive team members' cognitive resources (or those of close social connections) as more important (Vissa and Chacar, ). Therefore, founding teams with well‐developed TMSs become even more reliant on internalized knowledge and their own cognitive resources to solve problems compared to other options, such as coordinating and consulting with external players (Carney et al ., ). As one member of the Beta Software founding team commented: ‘ It is natural for us solve the issue this way.…”

“…Besides, surprises often imply lucrative business opportunities or threatening events that entrepreneurs in emerging economies hesitate to share with outsiders partly due to weak legal enforcement and deficient marketing institutions (Vissa and Chacar, ). Recent research revealed that the weak legal infrastructures in terms of intellectual property protection and contract reinforcement weakened the desire of the entrepreneurs in Indonesia to acquire knowledge from outside when they dealt with crises (Carney, Dieleman, and Sachs, ). In contrast, start‐ups in developed economies have access to external knowledge via channels such as formal partnerships or supporting institutions (Chrisman and McMullan, ; Larraneta, Zahra, and González, ).…”

The Internet and Indonesian Women Entrepreneurs: Examining the Impact of Social Media on Women Empowerment

“…It is widely known that social networks are important factors in entrepreneurship, particularly within the context of Asian countries (Gold and Guthrie 2002;Siong-Choy 2007;Carney et al 2008). Without enough social capital gathered from these networks, entrepreneurs might not be able to survive in today's competitive market.…”