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Social capital, intellectual capital, and the organizational advantage (1998)
| Venue: | Academy of Management Review |
| Citations: | 1215 - 2 self |
BibTeX
@ARTICLE{Nahapiet98socialcapital,,
author = {Janine Nahapiet},
title = {Social capital, intellectual capital, and the organizational advantage},
journal = {Academy of Management Review},
year = {1998},
pages = {242--266}
}
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Abstract
Scholars of the theory of the firm have begun to emphasize the sources and conditions of what has been described a s "the organizational advantage, " rather than focus on the causes and consequences of market failure. Typically, researchers see such organizational advantage a s accruing from the particular capabilities organizations have for creating and sharing knowledge. In this article we seek to contribute to this body 01 work by developing the following arguments: (1) social capital facilitates the creation of new intellectual capital. (2) organizations. a s institutional settings. a re conducive to the development of high levels of social capital. and (3) it is because of their more dense social capital that firms. within certain limits. have a n advantage over markets in creating and sharing intellectual capital. We present a model that incorporates this overall argument in the form of a series of hypothesized relation-ships between different dimensions of social capital and the main mechanisms and processes necessary for the creation of intellectual capital. Kogut and Zander recently have proposed "that a firm be understood a s a social commu-nity specializing in the speed and efficiency in the creation and transfer of knowledge " (1996: 503). This is an important and relatively new perspective on the theory of the firm currently being formalized through the ongoing work of
Keyphrases
social capital organizational advantage intellectual capital market failure different dimension new perspective new intellectual capital particular capability organization certain limit ongoing work overall argument dense social capital institutional setting social commu-nity high level following argument re conducive main mechanism
