1,721,039 research outputs found

    Towards a dynamic knowledge-based approach to the innovation process: an empirical investigation on social capital inside an industrial cluster

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    During recent years, the importance of the economic forces acting on firms' innovation performance has received much attention from economists and management scholars. In particular, the focus of the studies concerning innovation process has shifted from the control of static, firm-specific resources to the acquisition, assimilation and exploitation of firm-specific knowledge. This paper aims to identify a direct tie between a firm's social capital and its abilities and skills in the innovation process. We propose that the greater the social capital possessed by the firm, the greater its knowledge will be, and therefore, the faster its innovation process. Our results show a positive correlation between innovation performances and knowledge acquisition, supporting the hypothesis that knowledge acquisition mediates the relationship between social capital and innovation performances. These findings can offer some interesting reflections in the field of research innovation into social capital and innovation

    Social Capital and Vertical Dyadic Relationships: some empirical inquiries about effectiveness

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    Rapidly changing competitive environments are forcing firms to seek more creative and flexible means to manage the competition. Many firms have responded to these challenges by building collaborative relationships with customers and suppliers. In business to business settings, in particular, vertical dyadic relationships between suppliers and their customers are of paramount interest. Drawing on a strategic relational perspective, we adopt an embeddedness view, aiming at understanding the effectiveness of these vertical partnerships. In particular, by focusing on the network social aspects, we argue that the social ties among suppliers and customers shape economic action by creating and giving access to unique opportunities. We consider social capital as a source of value, which allow a firm’s effectiveness to occur, when social capital is inserted in an economic relationship. Therefore, we suppose that the firm’s advantages are often related not only to the value of its network of relations, but above all to its capability of developing valuable social networks

    Entrepreneurial and market orientations: the moderating role of social networks on post-entry performance of international new ventures

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    This paper investigates whether entrepreneurial and marketing orientations (respectively EOs and Mos) impact – individually or collectively – international new ventures’ (INVs’) post-entry performance growth. Furthermore, we investigate whether such relations are moderated by the foreign social networks, both formal and informal, of international new ventures. Using a survey, we test our hypotheses on a sample of Italian high-tech INVs located in a cluster near Rome. A quantitative analysis is used to test the hypotheses. We found that EOs and MOs positively impact the post-entry international performance growth of INVs. Moreover, while informal foreign social network ties significantly moderate the impact of EOs and MOs, formal foreign social network ties do not have a significant moderating effect. Many theoretical and practical contributions are discussed in the paper.This paper investigates whether entrepreneurial and marketing orientations (respectively EOs and Mos) impact – individually or collectively – international new ventures’ (INVs’) post-entry performance growth. Furthermore, we investigate whether such relations are moderated by the foreign social networks, both formal and informal, of international new ventures. Using a survey, we test our hypotheses on a sample of Italian high-tech INVs located in a cluster near Rome. A quantitative analysis is used to test the hypotheses. We found that EOs and MOs positively impact the post-entry international performance growth of INVs. Moreover, while informal foreign social network ties significantly moderate the impact of EOs and MOs, formal foreign social network ties do not have a significant moderating effect. Many theoretical and practical contributions are discussed in the paper

    Strategic orientation of hotels: Evidence from a contingent approach

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    Strategic orientation (SO) – a necessary condition to achieve and maintain a competitive advantage – should particularly be considered in the tourism industry, given the high competition and rapidly changing environment. This article investigates whether the different dimensions of SO (entrepreneurial orientation (EO), learning orientation (LO) and market orientation (MO)) have a direct effect on hotel performance and whether the relationship between SO and hotel performance is contingent on various hotel-specific characteristics. The hypotheses are tested against a sample of 120 small hotels operating in a mature Italian tourist destination. The results show that EO and MO are positive drivers of hotel performance, and LO is not important. Additionally, the intensity of the relationship between SO and performance is contingent on internal firm-related moderators (size and quality). Both the number of rooms and the star classification reinforce the performance achievement of innovative and customer-oriented hotels

    The Impact of Social Capital on the Start-ups' Performance Growth

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    This paper analyzes the development of strong and weak ties of social capital between a start-up and its main customers and its impact on the growth of the start-up’s economic and innovative task performance outcomes. Results confirm that there are different configurations of social capital able to influence the start-up’s performance growth during its life cycle, which are contingent on the selected measures of task performance outcomes. Our findings can offer some interesting reflections in the field of social capital, entrepreneurship, and performance research, raising critical strategic implications for start-ups in terms of opportunities, resources, and governance
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