Social capital and product quality: a study of shrimp value chain in Bangladesh Online publication date: Fri, 29-Sep-2017
by Md. Noor Un Nabi; Eijaz Ahmed Khan; Sk. Mahmudul Hasan; Anzir Mahmud
International Journal of Value Chain Management (IJVCM), Vol. 8, No. 3, 2017
Abstract: The aim of the study is to find out the significance of social capital on the buyer-supplier performance of shrimp value chain. It also investigates the interrelation of three dimensions of social capital in the process of value creation in buyer-supplier performance. Focus group discussion (FGD) and key informant interview (KII) techniques are applied to collect data. Narrative technique is used for the analytical purpose. The study shows social interaction, trust, and shared vision is improving the buyer-supplier relationship of the shrimp industry. This study developed a framework of performance and informal institution-based governance - social capital. To improve the buyer-supplier relationship, social capital is a vital factor when the formal institution is weak or to minimise the necessity of formal institutions. This study provides the first step towards social capital and product quality in the context of shrimp value chain in Bangladesh.
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