From social capital to entrepreneurial orientation: The mediating role of dynamic capabilities |
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Authors: | Job Rodrigo-Alarcón Pedro M. García-Villaverde María J. Ruiz-Ortega Gloria Parra-Requena |
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Affiliation: | 1. Business Administration Department, University of Castilla-La Mancha, 44 Los Alfares Avenue, 16071 Cuenca, Spain;2. Business Administration Department, University of Castilla-La Mancha, Plaza de la Universidad, 1, 02071 Albacete, Spain |
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Abstract: | This paper analyzes how social capital and its three dimensions—structural, relational, and cognitive—affect entrepreneurial orientation through dynamic capabilities. We specifically analyzed the effect of each dimension of social capital on firms' entrepreneurial orientation and the mediating effect of dynamic capabilities to explain these relationships. This study was conducted on a sample of firms in the Spanish agri-food industry. The results of the empirical analysis show that dynamic capabilities are generated by firms' social capital. Dynamic capabilities lead relational and cognitive social capital to develop a higher entrepreneurial orientation. The negative effect of structural social capital can only be countered if firms build and develop dynamic capabilities. |
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Keywords: | Social capital Entrepreneurial orientation Dynamic capabilities Social relationships |
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