Title: Importance of social capital in organisations: an exploratory study
Authors: Yesha Seth Dua
Addresses: International Management Institute, B-10, Qutab Institutional Area, Tara Crescent, New Delhi, Delhi-110016, India
Abstract: The purpose of the paper is to understand the role of social capital in organisational level innovativeness. A questionnaire method was used in order to assess the role of social capital in organisations. The study found that frequency (no. of times) the TMT interacts with the contacts is significantly positively correlated with organisational innovativeness, whereas duration (how long the TMT has known the contact within the firm) has a negative correlation with organisational innovativeness. The study is an exploratory study and hence takes only 45 senior managers of private sector organisations. Therefore, generalisation is not possible. Future studies can expand its horizon. This will also facilitate better comparison between organisations.
Keywords: social capital; product innovativeness; market innovativeness; organisational innovativeness; exploratory study; private sector; top management team; TMT.
DOI: 10.1504/IJSEI.2016.082294
International Journal of Social Entrepreneurship and Innovation, 2016 Vol.4 No.3, pp.223 - 241
Received: 16 Mar 2016
Accepted: 27 Jul 2016
Published online: 17 Feb 2017 *