Social capital and learning advantages: a problem of absorptive capacity
journal contributionposted on 2017-09-04, 10:30 authored by Mathew Hughes, Robert E. Morgan, R. Duane Ireland, Paul Hughes
Theoretically, social capital allows entrepreneurial firms to capitalize on learning advantages of newness and gain access to knowledge as the foundation for improved performance. But this understates its complexity. We consider whether learning through social capital relationships has a direct effect on performance and whether absorptive capacity mediates and moderates this relationship. We find that network-based learning has no direct relationship with performance, but this is mediated in each instance by absorptive capacity and is moderated twice. Our findings challenge the learning advantages of newness thesis and reveal how absorptive capacity can enable business performance from a firm's network relationships.
- Business and Economics
Published inStrategic Entrepreneurship Journal
CitationHUGHES, M. ... et al., 2014. Social capital and learning advantages: a problem of absorptive capacity. Strategic Entrepreneurship Journal, 8 (3), pp.214-233.
PublisherJohn Wiley & Sons (© Strategic Management Society)
- AM (Accepted Manuscript)
Publisher statementThis work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/
NotesThis is the peer reviewed version of the following article: HUGHES, M. ... et al., 2014. Social capital and learning advantages: a problem of absorptive capacity. Strategic Entrepreneurship Journal, 8 (3), pp.214-233, which has been published in final form at: https://doi.org/10.1002/sej.1162. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.