Innovation in Family Business: How Does Family Social Capital Affect New Product Development?

2016 ◽  
Vol 2016 (1) ◽  
pp. 14122
Author(s):  
Chia-Jung Lee ◽  
Hsueh Liang Wu ◽  
Cheng-Yu Lee
Keyword(s):  
Social Capital ◽  
Product Development ◽  
New Product Development ◽  
Family Business ◽  
New Product ◽  
Family Social Capital

The impact of social capital and knowledge sharing intention on restaurants’ new product development

2020 ◽  
Vol 32 (10) ◽  
pp. 3271-3293
Author(s):  
Mesbahuddin Chowdhury ◽  
Girish Prayag ◽  
Vidya Patwardhan ◽  
Nischal Kumar
Keyword(s):  
Social Capital ◽  
Product Development ◽  
Knowledge Sharing ◽  
New Product Development ◽  
New Product ◽  
Partial Least Square ◽  
Equation Modeling ◽  
Optimum Level ◽  
Content Type ◽  
The Impact

Purpose Using social capital theory, this study aims to investigate internal social capital (ISC) and external social capital (ESC) as determinants of knowledge sharing intention (KSI) and new product development (NPD) in high-end restaurants. Design/methodology/approach A theoretical model is developed and tested using data collected from 523 respondents (owners/proprietors, partners and managers) from high-end restaurants in Karnataka, India. Partial least square structural equation modeling is used to analyze the data. Findings The results suggest that ISC has a significant and positive influence on ESC. This highlights the important role of ISC in building ESC. While ISC has a positive relationship with KSI, ESC has no influence on KSI. KSI has a positive effect on NPD. Practical implications Restaurant managers and owners should invest time and resources in building ISC by nurturing relationships with employees and partners. Encouraging and rewarding collaborative behaviors internally will facilitate the development of external relationships. Results also suggest the existence of an optimum level of knowledge sharing with external partners in restaurants. Originality/value To the best of the authors’ knowledge, this is the first study to examine the relationship between ISC and ESC, and test the effects of both KSI and NPD in high-end restaurants.

How Does Social Capital Affect New Product Development?

2019 ◽  
Vol 2019 (1) ◽  
pp. 14740
Author(s):  
Lu Xin ◽  
Fangcheng Tang ◽  
Shuwei Zhang
Keyword(s):  
Social Capital ◽  
Product Development ◽  
New Product Development ◽  
New Product

scholarly journals Social Capital and Sustainable Innovation in Small Businesses: Investigating the Role of Absorptive Capacity, Marketing Capability and Organizational Learning

2020 ◽  
Vol 12 (9) ◽  
pp. 3759 ◽  
Author(s):  
Lu Xin ◽  
Fangcheng Tang ◽  
Shuwei Zhang ◽  
Zhen Pan
Keyword(s):  
Social Capital ◽  
Product Development ◽  
New Product Development ◽  
Absorptive Capacity ◽  
Product Innovation ◽  
Small Firms ◽  
Dynamic Capabilities ◽  
New Product ◽  
Marketing Capability ◽  
Explorative Learning

Facing resource constraints and fierce competition, it is relatively difficult for small firms to achieve product innovation to gain sustainable development independently. Previous studies have explored the positive relationship between social capital and product innovation, yet there is still a lack of a comprehensive understanding of the underlying mechanism and the boundary conditions. Drawing upon the dynamic capabilities framework, we expect that absorptive capacity and marketing capability will mediate the relationship between social capital and new product development. Moreover, since product innovation is considered a process of learning, we also examine the moderating effects of explorative learning, and exploitative learning within moderated mediation models. Employing a sample of 221 small firms based in China, we find that social capital is indeed positively associated with new product development and is simultaneously fully mediated by absorptive capacity and marketing capability. Furthermore, the impact of absorptive capacity on new product development is amplified when a condition of explorative learning exists. This study, therefore, advances the current understanding on the predictors of innovation and enriches the dynamic capabilities theory, and also provides empirical support for the sustainable development of small firms.

Sign in / Sign up

Export Citation Format

Share Document