Social Capital, Intellectual Capital, and the Organizational Advantage
Item
Title
Social Capital, Intellectual Capital, and the Organizational Advantage
Abstract/Description
Scholars of the theory of the firm have begun to emphasize the sources and conditions of what has been described as “the organizational advantage,” rather than focus on the causes and consequences of market failure. Typically, researchers see such organizational advantage as accruing from the particular capabilities organizations have for creating and sharing knowledge. In this article we seek to contribute to this body of work by developing the following arguments: (1) social capital facilitates the creation of new intellectual capital; (2) organizations, as institutional settings, are 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 an 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 relationships between different dimensions of social capital and the main mechanisms and processes necessary for the creation of intellectual capital.
Author/creator
Date
In publication
Volume
23
Issue
2
Pages
242-266
Resource type
Background/Context
Medium
Print
Background/context type
Conceptual
Open access/free-text available
Yes
Peer reviewed
Yes
ISSN
0363-7425
URL
Citation
Nahapiet, J., & Ghoshal, S. (1998). Social Capital, Intellectual Capital, and the Organizational Advantage. Academy of Management Review, 23(2), 242–266. https://doi.org/10.5465/amr.1998.533225
Resource status/form
Published Text
Scholarship genre
Theoretical
Comments
No comment yet! Be the first to add one!