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Social capital and the resource-based view of the firm

Chisholm, A.M. and Nielsen, Klaus (2009) Social capital and the resource-based view of the firm. International Studies of Management & Organization 39 (2), pp. 7-32. ISSN 0020-8825.

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This paper integrates the role of corporate social capital in the resource-based view of the firm. In the resource-based view, the firm is seen as a pool of resources, including vital intangible resources, which can create competitive advantage and superior profits. It is argued that social capital figures prominetly among such intangible resources. It is shown that an explicit inclusion of the role of social capital further strengthens the analytical powers of the resource-based view in relation to a number of issues. These issues include the relative merits of firms and markets as organizational forms, the ratinale of interfim networks as an alternative to spot market exchanges and coordination by a single centralized authority, and the role of social capital as a governance mechanism in such interfirm networks.

Item Type: Article
School or Research Centre: Birkbeck Schools and Research Centres > School of Business, Economics & Informatics > Management
Depositing User: Administrator
Date Deposited: 25 Jan 2011 14:57
Last Modified: 11 Oct 2016 12:00

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