Duplicity effects of entrepreneur's social capital: A comprehensive view

Abstract

Abstract: It is significant to fully understand the effects of boost and hindrance caused by social capitals. By using PLS for assessing hierarchical construct models, it is shown that firstly, social capital has the duplicity effect, namely, both negative and positive influences coexist. Secondly, social support and social cost mediate the positive and negative effects of social capital on enterprise innovation performance, respectively. Thirdly, it is highly recommended for entrepreneurs to increase the trust level among network members, which is helpful for enhancing social support and for decreasing social cost. Finally, the financial and resource supports due to social capital contribute more to innovation performance than other supports do.

Key words: social capital, social support, social cost, innovation performance, entrepreneur

CLC Number:

F272.91

Bai Xuan, Li Yongqiang, Zhao Dongyang. Duplicity effects of entrepreneur's social capital: A comprehensive view[J]. Science Research Management, 2012, 33(3): 27-35.

References

[1] Krause, D. R., R. B. Handfield, et al. The Relationships between Supplier Development, Commitment, Social Capital Accumulation and Performance Improvement[J].Journal of Operations Management, 2007,25(2): 528-545. [2] Moran, P. Structural vs. Relational Embeddedness: Social Capital and Managerial Performance[J]. Strategic Management Journal, 2005, 26(12):1129-1151. [3] Gabbay, S. M., R.T.A.J, Leenders. CSC: The Structure of Advantage and Disadvantage[M]. In R.Th.A.J. Leen-ders & S. M. Gabbay (Eds.), Corporate Social Capital and Liability(pp.1-14). Boston: Kluwer, 1999. [4] Adler, P. S., S.W. Kwon. Social Capital: Prospects for a New Concept[J]. Academy of Management Review, 2002, 27(1): 17-40. [5] 李永强,白璇,赵冬阳,史亚莉. 企业家社会资本对企业创新绩效的负面影响研究 . 第五届中国管理学年会论文集,2010. [6] Portes, A. Social Capital: Its Origins and Applications in Modern Sociology[J].Annual Review of Sociology, 1998,24(1): 1-24. [7] Moore, S., M. Daniel, et al. Not all Social Capital is Good Capital[J]. Health & Place, 2009,15(4): 1071-1077. [8] Riley, D., J. Eckenrode. Social Ties: Subgroup Differences in Costs and Benefits[J]. Journal Of Personality and Social Psychology ,1986, 51(4): 770-778. [9] Ray, G., J. B. Barney, et al. Capabilities, Business Processes, and Competitive Advantage: Choosing the Dependent Variable in Empirical Tests of the Resource-based View[J]. Strategic Management Journal, 2004, 25(1): 23-37. [10] 罗家德. 社会网分析讲义[M].北京:社会科学文献出版社,2003. [11] Nahapiet, J., S. Ghoshal. Social Capital, Intellectual Capital, and the Organizational Advantage[J]. Academy of Management Review, 1998, 23(2): 242-266. [12] 尉建文,李国武,陈云. 私营企业主的关系网络与社会支持[J].中央财经大学学报,2007,(8):74-78. [13] Liao, J., H. Welsch. Social Capital and Entrepreneurial Growth Aspiration: a Comparison of Technology-and Non-technology-based Nascent Entrepreneurs [J]. The Journal of High Technology Management Research, 2003, 14(1): 149-170. [14] Oh, H., Labienca, G., Chung, M.H. A Multilevel Model of Group Social Capital[J]. Academy of Management Review, 2006, 31: 569-582. [15] Tyler, T. R., R. M. Kramer. Whither Trust? [M]. In R. M. Kramer, & T. R. Tyler (Eds.), Trust in Organizations: Frontiers of Theory and Research (pp. 1 15). Thousand Oaks, CA: Sage,1996. [16] Tsai, W. P., S. Ghoshal. Social Capital and Value Creation: The Role of Intrafirm Networks [J]. Academy of Management Journal, 1998, 41(4): 464-476. [17] Amason, A.C. Distinguishing the Effects of Functional and Dysfunctional Conflict on Strategic Decision Making : Resolving a Paradox for Top Management Teams[J]. Academy of Management Journal , 1996 , 39(1) : 123-148. [18] Golightly, C., D. M.Huffman, D. Byrne, Liking and Longing[J].Journal of Applied Psychology, 1972, 56:521-523. [19] Starkey, K. , S. Tempest. Bowling Along: Strategic Management and Social Capital[J]. European Management Review, 2004, 1:78 83. [20] Inkpen, A. C., E. W. K. Tsang. Social Capital, Networks, and Knowledge Transfer [J]. Academy of Management Review, 2005, 30(1): 146-165. [21] 徐传谌. 论企业家行为激励与约束机制[M].北京:经济科学出版社, 1997. [22] Chin, WW. Issues and Opinions on Structural Equation Modeling[J]. MIS Quarterly, 1998, 22 (1):7-26. [23] Edwards, J. R. Multidimensional Constructs in Organizational Behavior Research: An Integrative Analytical Framework[J]. Organizational Research Methods, 2001, 4(2):144-192. [24] Dhanaraj, C., M. A. Lyles, et al. Managing Tacit and Explicit Knowledge Transfer in lJVs: the Role of Relational Embeddedness and the Impact on Performance[J].Journal of International Business Studies, 2004, 35(5): 428-442. [25] 耿新. 企业家社会资本对新创企业绩效影响研究 .山东大学博士学位论文,2008. [26] Wetzels, M., et al.. Using PLS Path Modeling for Assessing Hierarchical Construct Models: Guidelines and Empirical Illustration[J]. MIS Quarterly, 2009, 33(1): 177-195 [27] Cohen, J. Statistical Power Analysis for the Behavioral Sciences [M]. Hillsdale, NJ: Lawrence Erlbaum Associates,1988. [28] Burt, R. S. Structural Holes: the Social Structure of Competition [M]. Cambridge, Mass., Harvard University Press, 1992.