INTERACTION OF SOCIAL AND INTELLECTUAL CAPITAL - KEY PRECONDITION FOR CREATION OF NEW KNOWLEDGE AS ORGANIZATIONAL COMPETITIVE ADVANTAGE

Radmila Mikovic, Dejan Petrovic, Marko Mihic, Vladimir Obradovic

DOI Number
-
First page
73
Last page
86

Abstract


The primary aim of this paper is to present how new knowledge as organizational competitive advantage is created by natural interaction between social and intellectual capital. The paper first gives an overview of the key theoretical interpretations of social and intellectual capital and thereafter analyses how structural, cognitive and relational dimension of social capital, through exchanging and combining with existing intellectual capital, creates new intellectual capital. The key value of new intellectual capital lies in the fact that it belongs to the corpus of group or socially tacit knowledge which is the key precondition for creation of innovative business solutions. Thus, new collective forms of knowledge enable the organization to make and maintain its advantage. Therefore, it can be said that the process of generating intellectual capital through social capital is a value basis for creating new knowledge and organizational competitive advantage.


Keywords

intellectual capital, social capital, knowledge, innovation, organizational advantage

Full Text:

PDF

References


Ahuja, G. (2000). Collaboration Networks, Structural Holes and Innovation: a Longitudinal Study. Administrative Science Quarterly 45, 425-455.

Argyris, C., & Schon, D. (1978). Organizational Learning: A Theory of Action Perspective. Reading, MA: Addison Wesley.

Baker, W. (1990). Market Networks and Corporate Behavior. American Journal of Sociology (96), 589-625.

Barnard, C. (1938). The Functions of the Executive. Cambridge, MA: Harvard University Press.

Boland, R., & Tenkasi, R. (1995). Perspective Making and Perspective Taking in Communities of Knowing. Organization Science (6), 350-372.

Bontis, N. (1999). Managing Organizational Knowledge by Diagnosing Intellectual Capital: Framing and Advancing the State of the Field. International Journal of Technology Management (8) 5-8, 433-463.

Bordieu, P. (1986). The Forms of Capital. In J. Richardson, Handbook of Theory and Research for the Sociology of Education (pp. 241-258). New York: Greenwood.

Briggs, X. (2004). Social Capital: Easy Beauty or Meaningful Effort. Journal of the American Planning Association 70, 151-158.

Burt, R. (1992). Structural Holes: The Social Structure of Competition. Cambridge, MA: Harvard University Press.

Cicourel, A. (1973). Cognitive Sociology. Harmondsworth, England: Penguin Books.

Cohen, D., & Prusak, L. (2001). In Good Company: How Social Capital Makes Organizations Work. Boston, MA: Harvard Business School Press.

Cohen, W., & Levinthal, D. (1990). Absorptive Capacity: A New Perspective on Learning and Innovation. Administrative Science Quarterly (17), 178-184.

Coleman, J. (1988). Social Capital in the Creation of Human Capital. American Journal of Sociology (94), 95-120.

Cooke, S., & Yanow, D. (1993). Culture and Organizational Learning. Journal of Management Inquiry (2), 373-390.

Edvinsson, L. (2013). IC 21: Reflections From 21 Years of IC Practice and Theory. Journal of Intellectual Capital 14(1), 163-172.

Fukuyama, F. (1995). Trust: Social Virtues and the Creation of Prosperity. London: Adamantine Press.

Gittel, R., & Vidal, A. (1998). Community Organizing: Building Social Capital as a Development Strategy. Thousands Oaks, CA: Sage Publications, Inc.

Granovetter, M. (1992). Problems and Explanation in Economic Sociology. In N. Nohria, & R. Eccles, Networks and Organizations: Structure, Form and Action (pp. 25-56). Boston: Harvard Business School Press.

Greve, A., Benassi, M., & Sti, A. (2006). Exploring the Contributions of Human and Social Capital to Productivity. SUNBELT XXVI (pp. 1-58). Vancouver, BC: International Network for Social Network Analysis.

Hakansson, H., & Snehota, I. (1995). Developing Relationships in Business Networks. London: Routledge.

Ibarra, H. (1992). Structural Alignments, Individual Strategies and Managerial Action: Elements Towards a Network Theory of Getting Things Done. In N. Nohria, & R. Eccles, Networks and Organizations: Structure, Form and Action (pp. 165-188). Boston: Harvard Business School Press.

Jacobs, J. (1965). The Death and Life of Great American Cities. London: Penguin Books.

Janis, I. (1982). Groupthink: Psychological Studies of Policy Decisions and Fiascos. Boston: Houghton Mifflin.

Kogut, B., & Zander, U. (1996). What do firms do? Coordination, Identity and Learning. Organizational Science (7), 502-518.

Kogut, B., & Zander, U. (1996). What Do Firms Do? Coordination, Identity and Learning. Organization Science, 502-518.

Kramer, R., & Goldman, I. (1995). Helping the Group or Helping Yourself? Social Motives and Group Identity in Resource Dilemmas. In D. Schroeder, Social Dilemmas (pp. 49-68). New York: Praeger.

Kuhn, T. (1970). The Structure of Scientific Revolutions. Chicago: University of Chicago Press.

Levinger, B., & Bloom, E. (2011). Fulfilling the Promise: How National Societies Achieve Sustainable Organizational Development - A Multi-Country Study. Washington: Root Change.

Lewicki, R., & Bunker, B. (1996). Developing and Maintaining Trust in Work Relationships. In R. Kramer, & T. Tyler, Trust in Organizations: Frontiers of Theory and Research (pp. 114-139). Thousand Oaks, CA: Sage.

March, J., & Sutton, R. (1997). Organizational Performance as a Dependent Variable. Organization Science 8(6), 698.

Martini, S., Corvino, A., Doni, F., & Rigolini, A. (2014). The Relational Capital Disclosure in Corporate Reporting: What Consequences for Firm Performance? A Perspective from Europe. EIASM 10th Interdisciplinary Workshop on Intangibles, Intellectual Capital and Extra Financial Information (pp. 1-10). Ferrara, Italy: University of Ferrara, Italy.

Misztal, B. (1996). Trust in Modern Societies. Cambridge, England: Polity Press.

Moran, P., & Ghoshal, S. (1996). Value Creation by Firms. Academy of Management Best Paper Proceedings, 41-45.

Nahapiet, J., & Ghoshal, S. (1998). Social Capital, Intellectual Capital and the Organizational Advantage. Academy of Management Review 23(2), 242-268.

Orr, J. (1990). Sharing Knowledge, Celebrating Identity: Community Memory in a Service Culture. In D. Middleton, & D. Edwards, Collective Remembering (pp. 169-189). London: Sage.

Orr, J. (n.d.). Sharing Knowledge, Celebrating identity.

Ouchi, W. (1981). Theory Z: How American Business Can Meet the Japanese Challenge. Reading, MA: Addison-Wesley.

Polanyi, M. (1967). The Tacit Dimension. London: Routledge and Kegan Paul.

Pondy, L., & Mitroff, I. (1979). Beyond Open Systems Models of Organization. In B. Straw, Research in Organization Behaviour (pp. 51-67). Greenwich, CT: JAI Press.

Putnam, R. (2000). Bowling Alone: The Collapse and Revival of American Community. New York: Simon and Schuster.

Putnam, R. (1993). The Prosperous Community: Social Capital and Public Life. American Prospect (13), 35-42.

Quinn, J., Anderson, P., & Finkelstain, S. (1996). Leveraging Intellect. Academy of Management Executive 10, 7-27.

Sagawa, S., & Jospin, D. (2009). The Charismatic Organization: Eight Ways to Grow a Non-profit that Builds Buzz, Delights Donors and Energizes Employees. San Francisco: Jossey-Bass.

Schumpeter, J. (1934). The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest and the Business Cycle. Cambridge, MA: Harvard University Press.

Sharabati, A., Jawad, N., & Bontis, N. (2010). Intellectual Capital and Business Performance in the Pharmaceutical Sector of Jordan. Management Decision 48(1), 105-131.

Sobel, J. (2002). Can We Trust Social Capital? Journal of Economic Literature 40, 139-154.

Spender, J. (1996). Making Knowledge the Basis of a Dynamic Theory of the Firm. Strategic Management Journal, 45-62.

Sveiby, K. (1997). The New Organizational Wealth: Managing and Measuring Knowledge-Based Assets. Berrett-Koehler Publishers.

Szulanski, G. (1996). Exploring Internal Stickiness: Impediments to the Transfer of Best Practice Within the Firm. Strategic Management Journal 17(2), 27-44.

Tichy, N., Tushman, M., & Fombrun, C. (1979). Social Network Analysis for Organizations. Academy of Management Review, 507-519.

Wasserman, S., & Faust, K. (1994). Social Network Analysis: Methods and Applications. Cambridge, England: Cambridge University Press.

Zucker, I., Darby, M., Brewer, M., & Peng, Y. (1996). Collaboration Structures and Information Dilemmas in Biotechnology. In R. Kramer, & 53. T. Tyler, Trust in Organizations: Frontiers of Theory and Research (pp. 90-113). Thousand Oaks, CA: Sage.


Refbacks

  • There are currently no refbacks.


© University of Niš, Serbia
Creative Commons License CC BY-NC-ND
ISSN 0354-4699 (Print)
ISSN 2406-050X (Online)