Although previous research provides a compelling picture of social capital's role in predicting health outcomes, only a modicum of research has tested the more detailed roles of the dimensions of ...bonding and bridging social capital, with no research focusing exclusively on bonding and bridging neighborliness or ethnicity. To help fill this gap in the literature, the current study measures individual-level bonding and bridging neighborliness for four U.S. ethnic groups—and then, with cross-sectional data from a 2007 national telephone survey of U.S. adults, employs ordinal logistic regression and OLS regression to test the individual-level predictors of self-rated health and stress, when controlling for BMI and demographics. Bonding neighborliness was associated with self-rated health and inversely associated with stress, whereas bridging neighborliness was not significantly linked to either health outcome. When also controlling for neighborhood composition, the bonding neighborliness findings remained generally consistent, while the association between bridging neighborliness and self-rated health gained significance. These results indicate the protective effects that bonding neighborliness can have on health outcomes, as well as the more modest protective effects of bridging neighborliness. These findings have implications for future research and practice, highlighting the potential of health interventions and policies that target the development of bonding social capital.
Dynamic Managerial Capabilities Helfat, Constance E.; Martin, Jeffrey A.
Journal of Management,
07/2015, Volume:
41, Issue:
5
Book Review, Journal Article
Peer reviewed
The dynamic managerial capabilities literature has developed over the past decade to the point where a review and synthesis of relevant literature can move the scholarly conversation forward. The ...concept of dynamic managerial capabilities—the capabilities with which managers create, extend, and modify the ways in which firms make a living—helps to explain the relationship between the quality of managerial decisions, strategic change, and organizational performance. We clarify theoretical constructs and their relationships, review and synthesize empirical research on the role and impact of managerial capabilities directed toward strategic change, and suggest avenues for future research. Our review begins with an overview of theoretical conceptions of dynamic managerial capabilities. Then we organize the remainder of the review around the three core underpinnings of dynamic managerial capabilities: managerial cognition, managerial social capital, and managerial human capital. In our review, we examine evidence from studies of dynamic managerial capabilities and reinterpret evidence prior to the introduction of the dynamic managerial capabilities concept through that lens. Consistent with the dynamic managerial capabilities concept, empirical research shows that managers differ in their impact on strategic change and firm performance and that differences in managerial cognition, social capital, and human capital lead to different outcomes.
This research investigates the influence of social capital on the entrepreneurial success of Micro, Small, and Medium Enterprises (MSMEs) by examining the roles of bonding, bridging, and linking ...social capital. A mixed-methods approach was employed, including a quantitative survey of 300 MSME owners and qualitative interviews with 20 selected respondents. Descriptive statistics revealed high levels of bonding social capital, significant variability in bridging social capital, and diverse experiences with linking social capital among participants. Regression analyses confirmed the positive impact of bonding, bridging, and linking social capital on different aspects of entrepreneurial success, while structural equation modeling demonstrated their synergistic effects. Thematic analysis of interviews provided deeper insights into how entrepreneurs leverage social capital at various stages of business development. The findings highlight the importance of strategic management of social networks in enhancing MSMEs' ability to innovate, adapt, and achieve sustained growth.
Prior to the pandemic, studies demonstrated the mainly protective role of structural social capital on all-cause mortality, less evidence had been found for a protective role for cognitive social ...capital. However, some findings from the early stage of the pandemic suggest that civic participation and group affiliation may be associated with more COVID-19-related deaths, as was interpersonal trust. Thus, the study aimed to verify indicators of individual social capital as risk factors for 7.6-year all-cause mortality before COVID-19 pandemic and 1.6-year all-cause mortality during of the pandemic among men and women aged 50+ years in Poland.
The Polish part of the COURAGE in Europe cross-sectional baseline study was conducted in 2011. The analysis included 2913 face-to-face interviews with randomly selected community-dwelling individuals. Information about deaths was obtained from the State Systems Department on Oct 7, 2021. Various aspects of structural and cognitive social capital were measured. The Cox proportional hazard models were used.
Before the pandemic, a protective effect of structural (formal and informal social participation) and cognitive social capital (trust in family, trust in co-workers) on the risk of death was observed in women. However, a negative effect of cognitive social capital (trust in strangers) was found for women and men. No positive effect of social capital during the pandemic after controlling for the health-related characteristics was found. A negative effect of generalized trust on all-cause mortality during the pandemic was discerned for men, a negative effect of the level of one's social network was found in women.
The observed patterns of relationships were totally different for analyzed periods of time, and different for men and women. Consequently, planning of social interventions directed towards middle and older age groups should consider various actions for men and women separately. The need for continuous evaluation of implemented social interventions was emphasized.
•Different role of social capital for mortality before and during the pandemic.•A mostly protective effect of social capital on mortality before the pandemic in women.•A negative effect of trust in strangers on the risk of death for both women and men.•A negative effect of generalized trust on mortality during the pandemic in men.•A negative effect of social network on mortality in the pandemic in women.
Improving stakeholder engagement is a critical challenge for destination strategic planning. Using social capital as a theoretical lens, this paper explores the social dynamics which facilitate or ...inhibit successful tourism destination planning. Working with five recently completed destination plans (3 USA states, an Australian state, and an Oceanic country), in-depth interviews of 74 stakeholders explored the dimensions of trust, reciprocity, and cooperation in the contexts of bonding and bridging social capital. The study's results suggest stakeholder support for destination strategic plans will increase as bonding and bridging social capital intensifies. Recommendations are provided both for destination strategic planning processes as well as for how to best implement strategic plans. Further research examining the applications of social capital theory is recommended.
•Using social capital as a theoretical lens, this paper explores the dynamics of successful tourism destination planning.•In-depth interviews with 74 stakeholders explored trust, reciprocity and cooperation in bonding and bridging social capital.•As social capital increases, stakeholder support for destination strategic plans also increased.•Social capital was explored concerning stakeholder response to both strategic plan development and implementation.
This paper quantitatively explores the significance of social capital in enhancing international financial inclusion, with a specific focus on its usage dimension, represented by formal credit ...coverage. Through panel FGLS (Feasible Generalized Least Squares) and PCSE (Panel Corrected Standard Errors) analysis of a sample comprised of 24 countries for the period 2006 – 2021 and utilizing data obtained from diverse sources, it demonstrates that a country's credit coverage is influenced by both informal and formal social capital while controlling by factors such as access channels to financial products, measures to address asymmetric information and educational levels. The results underscore that, while financial inclusion is promoted through internationally accepted standards, its effectiveness is closely intertwined with the social context of implementation. Furthermore, formal institutions play a crucial role in shaping financial inclusion by fostering innovation, entrepreneurship, and technological advancement, while attitudes to risk and planning time horizons also significantly impact this dynamic. Notably, nations embracing a pragmatic outlook tend to have more viable access to bank loans, whereas risk aversion impedes economic actors´ propensity to engage in credit agreements, even when accessible.
Marketing in an increasingly tumultuous marketplace requires resilience -the ability to withstand, adapt, and flourish despite turmoil and adverse change- that extends beyond firm boundaries. ...Although external resources are arguably essential to achieve resilience, little is known how and when firms' social capital derived from interorganizational relationships can lead to supply chain resilience. Therefore, we investigate the role of absorptive capacity and marketing-supply chain management alignment in realizing the potential impact of social capital on supply chain resilience. Using data obtained from dual respondents from 265 Turkish firms, we test the mediating role of absorptive capacity and the moderating role of marketing-supply chain management alignment. Our findings indicate absorptive capacity mediates the relationship between social capital and supply chain resilience, and the links between social capital and absorptive capacity and social capital and supply chain resilience are stronger when marketing-supply chain management alignment is high. We also find that supply chain resilience is positively associated with organizational performance, empirically supporting the proposed value of supply chain resilience for firm strategy. Accordingly, our paper highlights that both absorptive capacity and marketing-supply chain management alignment are necessary to realize the actual value of social capital for supply chain resilience and ensuing performance.
•Connects social capital and absorptive capacity with the marketing-SCM interface in the pursuit of supply chain resilience.•Social capital is an important precursor to supply chain resilience, but its role is neither direct nor universal.•Firms operating under turbulent and adverse market conditions need to tap into social capital through absorptive capacity.•Marketing-SCM alignment is essential to make effective use of absorptive capacity against adversities and turbulence.
Governance scholars debate the value of directors as an effective governance mechanism. We suggest that this value varies with director tenure. We study both how shareholder assessments of the value ...of individual directors vary with director tenure and whether director tenure actually makes a practical difference to governance effectiveness. Using data from abnormal stock price reactions to the sudden deaths of 274 outside directors, and integrating executive cognition and social capital perspectives applied to the dual roles of director monitoring and advising, our results confirm a curvilinear relationship between the assessed value of directors and tenure. We find that directors are more highly valued by investors over a tenure period between 7 and 18 years, moderated by director involvement on key committees. Further, in examining the S&P 1,500, we find that a one standard deviation increase in the percentage of outside directors in this prime tenure period strengthens the CEO pay-performance linkage by 2.5%, suggesting that directors in this tenure period are more effective in aligning CEO and shareholder interests. Our results demonstrate that individual director tenure makes a difference in governance effectiveness, and shareholders accurately assess this difference. Additionally, our findings provide important boundary conditions for when theories of executive cognition and social capital may be more/less applicable regarding director tenure.
While Robert Putnam's Bowling Alone (2000) highlighted the notion of volunteerism, little attention has been paid to religion's role in generating social capital - an ironic omission since religion ...constitutes the most common form of voluntary association in America today. Featuring essays by prominent social scientists, this is the first book-length systematic examination of the relationship between religion and social capital and what effects religious social capital has on democratic life in the United States.
The entrepreneurial ecosystem, an emerging and developing theoretical stream, has the potential to expand our understanding of entrepreneurship. In previous research, this concept has been studied ...from the university perspective, but it has not yet been introduced in the field of entrepreneurial support. Additionally, the growing number of university business incubators has led to increasing research interest in the entrepreneurial support field. This research project seeks to develop a more robust understanding of sustainable universitybased entrepreneurial ecosystems through an in-depth analysis of an essential entrepreneurial support element: the university business incubator. Our exploratory research study draws on 48 face-to-face interviews with key members of university-based entrepreneurial ecosystems to explore the operation of three cases through the lens of social capital theory. Our analysis suggests that all three social capital dimensions are relevant to the effective functioning of the university-based entrepreneurial ecosystem and contribute to its sustainability: applying the structural dimension of social capital enhances access to resources; addressing the cognitive dimension strengthens relationships among ecosystem members; and investing in the relational dimension enhances complementarity and trust while the ecosystem evolves. Thus, the interaction of these dimensions may further contribute to the sustainability of the university-based entrepreneurial ecosystem. Enhancing the development and application of the three social capital dimensions as an aspect of proactive management of the entrepreneurship ecosystem has the potential to improve outcomes for ecosystem members.
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