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SOCIAL CAPITAL, INTELLECTUAL CAPITAL AND THE CREATION OF VALUE IN FIRMS.
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1997
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Innovation EconomicsValue TheoryBusinessManagementEducationCompetitive AdvantageBusiness StrategySocial BusinessDense Social CapitalSocial InnovationEntrepreneurshipStrategic ManagementValue Co-creationSocial CapitalInnovationFinanceValue CreationCorporate Innovation
Value creation is the essence of effective firm strategies as well as the primary source of their advantage over market institutions (Moran and Ghoshal, 1996). The source of this advantage, we argue, lies in their ability to develop dense social capital which facilitates the creation of intellectual capital and, therefrom, of new value.