The Effect of Social Capital Dimensions on Entrepreneurial Performances of MSME’s
Keywords:
Social Capital, Structural Dimension, Relational Dimension, Cognitive Dimension& Entrepreneurial PerformanceAbstract
Since the early 2000s, the phrase "social capital" has been widely explored. The origin of social capital can be can be traced back to 1867 and 1900, when Karl Marx and John Dewey adapted it to fit into a societal context. Intoday’s world, there is an increased appreciation for the importance of social capital and entrepreneurship.The commercial diversification that India possesses, in particular, makes it accountable to utilize social capital. As a result, this research focuses on how social capital influences MSME entrepreneurial performance, taking into account several dimensions of social capital as well as MSME performance. Data was obtained from 390 MSME's in South India using structured questionnaires and analyzed using SPSS and the Structural Equation Modelling (Amos) approach, and it was discovered that social capital dimensions and entrepreneurial performance have a strong association.
Downloads
References
Adler, P. S., & Kwon, S. (2002). Social Capital : Prospects for a New Concept Author ( s ): Paul S . Adler and Seok-Woo Kwon Source : The Academy of Management Review , Vol . 27 , No . 1 ( Jan ., 2002 ), pp . 17-40 Published by : Academy of Management Stable URL : http://www.jstor.org/st. The Academy of Management Review, 27(1), 17–40.
Akintimehin, O. O., Eniola, A. A., Alabi, O. J., Eluyela, D. F., Okere, W., & Ozordi, E. (2019).
Social capital and its effect on business performance in the Nigeria informal sector.
Heliyon, Vol. 5. https://doi.org/10.1016/j.heliyon.2019.e02024
Batjargal, B. (2003). Social capital and entrepreneurial performance in Russia: A longitudinal study. Organization Studies, 24(4), 535–556. https://doi.org/10.1177/0170840603024004002
Bourdieu, P. (1986). The forms of capital. The Sociology of Economic Life, Third Edition, 78–
https://doi.org/10.4324/9780429494338
Burt, R. S. (2016). The Contingent Value of Social Capital Author ( s ): Ronald S . Burt Source : Administrative Science Quarterly , Vol . 42 , No . 2 ( Jun ., 1997 ), pp . 339-365 Published by : Sage Publications , Inc . on behalf of the Johnson Graduate School of Managemen.
(2), 339–365.
Coleman, J. S. (1988). Social Capital in the Creation of Human Capital Author ( s ): James S . Coleman Source : American Journal of Sociology , Vol . 94 , Supplement : Organizations and Institutions : Sociological and Economic Approaches to the Analysis of Social Structure Publ. American Journal of Sociology, 94(1988), S95–S120.
Dar, I. A., & Mishra, M. (2020). Dimensional Impact of Social Capital on Financial Performance of SMEs. Journal of Entrepreneurship, 29(1), 38–52. https://doi.org/10.1177/0971355719893499
Diana Sari, Quanrul Alam, N. B. (2008). Internationalisation of Small Medium Sized Enterprises in Indonesia. (May).
Doh, S., & Zolnik, E. J. (2011). Social capital and entrepreneurship: An exploratory analysis.
African Journal of Business Management, 5(12), 4961–4975. https://doi.org/10.5897/AJBM11.095
Fukuyama, F. (2000). Social Capital and Civil Society. IMF Working Papers, 00(74), 1. https://doi.org/10.5089/9781451849585.001
Ha, M. T. (2021). Social capital and firm operational performance: The mediating roles of knowledge sharing. Cogent Business and Management, Vol. 8. https://doi.org/10.1080/23311975.2021.1973237
Hanifan, L. J. (1916). Author ( s ): L . J . Hanifan Source : The Annals of the American Academy of Political and Social Science , Sep ., 1916 , Vol . 67 , New Possibilities in Education ( Sep
., 1916 ), pp . 130-138 Published by : Sage Publications , Inc . in association with. 67, 130– 138.
Hoq, M. Z., Wirba, A. V., & Baig, A. (2017). Social Capital and Small Medium Enterprise (SME) Performance : An Exploratory Study. International Journal of Novel Research in Marketing Management and Economics, 4(1), 33–39. Retrieved from https://www.noveltyjournals.com/upload/paper/Social Capital and Small-983.pdf
Hsiao, C., Lee, Y. H., & Chen, H. H. (2016). The effects of internal locus of control on entrepreneurship: the mediating mechanisms of social capital and human capital. International Journal of Human Resource Management, 27(11), 1158–1172. https://doi.org/10.1080/09585192.2015.1060511
Huo, B. (2012). The impact of supply chain integration on company performance: An organizational capability perspective. Supply Chain Management, 17(6), 596–610.
https://doi.org/10.1108/13598541211269210
Kaplan, R. S., & Norton, D. P. (1992). HarvardBusinessReview KaplanAndNorton(Bala - Onbekend. Harvard Business, 70(1), 71–79.
Kiprotich, E. (2014). The influence of social capital on the growth of smes in nairobi county, kenya.University of Nairobi
Lawson, B., Tyler, B. B., & Cousins, P. D. (2008). Antecedents and consequences of social capital on buyer performance improvement. Journal of Operations Management, 26(3), 446–460. https://doi.org/10.1016/J.JOM.2007.10.001
Lee, W. J. (2015). Social capital as a source of business advantages for a woman entrepreneur in the context of small-size business. Asian Social Science, 11(12), 155–167. https://doi.org/10.5539/ass.v11n12p155
Nasip, S., Fzlinda Fabeil, N., Rita Buncha, M., Nga Lay Hui, J., Laison Sondoh Jr, S., & Nadiah Pg Abd Halim, D. (2017). the Influence of Entrepreneurial Orientation and Social Capital on the Business Performance Among Women Entrepreneurs Along West Coast Sabah, Malaysia. Proceedings Ice, 2017(Ice), 377–395.
OECD. (2000). What is social capital ? OECD, 102–105.
Prakasa, Y. (2019). Exploring the impact of social capital on entrepreneurial orientation and business performance. Profit, 12(1), 20–31.
Putnam, R. D. (2000). Bowling alone: America’s declining social capital. In Culture and politics
Palgrave Macmillan, New York.
Sengupta, A. (2010). Social Capital and Entrepreneurship : An Analysis of Methodological Issues Author ( s ): Anirban Sengupta Published by : Sage Publications , Inc . Stable URL : https://www.jstor.org/stable/23620887 Social Capital and Entrepreneurship : An Analysis of Meth. 59(3), 323–344.
Tsai, & Ghoshal. (1998). Social Capital and Value Creation : The Role of Intrafirm Networks Author ( s ): Wenpin Tsai and Sumantra Ghoshal Source : The Academy of Management Journal , Aug ., 1998 , Vol . 41 , No . 4 ( Aug ., 1998 ), Published by : Academy of Management Stable URL. 41(4), 464–476.
Turner, J. (2011). Social capital : measurement , dimensional interactions , and perfromance implication, Clemson University
Wu, W. P. (2008). Dimensions of social capital and firm competitiveness improvement: The mediating role of information sharing. Journal of Management Studies, 45(1), 122–146. https://doi.org/10.1111/j.1467-6486.2007.00741.x
Websites
https://www.pib.gov.in/PressReleasePage.aspx?PRID=1744032
https://msme.gov.in/relatedlinks/annual-report-ministry-micro-small-and-medium-enterprises
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
