Inter-organizational social capital of firms in developing economies and industry 4.0 readiness: the role of innovative capability and absorptive capacity

Authors: ul zia, N., Burita, L. and Yang, Y.

Journal: Review of Managerial Science

Volume: 17

Issue: 2

Pages: 661-682

eISSN: 1863-6691

ISSN: 1863-6683

DOI: 10.1007/s11846-022-00539-3

Abstract:

The globalization of markets provides opportunities for firms to collaborate on various activities. These collaborations are the resource of social capital for firms to achieve sustainable competitiveness. This study aims to investigate how social capital (i.e., structural, relational, and cognitive social capital) between firms in a developing economy and developed economy strengthens their innovation capability and enhance their industry 4.0 readiness. Using Smart PLS-SEM to analyse the data collected from 320 managers representing 81 manufacturing firms in Pakistan, we found that social capital is positively associated with industry 4.0 readiness, and innovative capability mediates this relationship. The study contributes to the existing knowledge of understanding industry 4.0 readiness and provides useful insights for firms in developing economy to improves their innovation capability during the industry 4.0 era. This study likewise reveals the significance of three dimensions of social capital, which can facilitate to bring in digital knowledge from developed economies to developed economies to get ready for the fourth industrial revolution.

https://eprints.bournemouth.ac.uk/36756/

Source: Scopus

Inter-organizational social capital of firms in developing economies and industry 4.0 readiness: the role of innovative capability and absorptive capacity

Authors: ul Zia, N., Burita, L. and Yang, Y.

Journal: REVIEW OF MANAGERIAL SCIENCE

Volume: 17

Issue: 2

Pages: 661-682

eISSN: 1863-6691

ISSN: 1863-6683

DOI: 10.1007/s11846-022-00539-3

https://eprints.bournemouth.ac.uk/36756/

Source: Web of Science (Lite)

Interorganizational social capital of firms in developing economies and Industry 4.0 readiness: the role of innovative capability and absorptive capacity

Authors: Zia, N., Burita, L. and Yang, Y.

Journal: Review of Managerial Science

Publisher: Springer Nature

ISSN: 1863-6683

Abstract:

The globalization of markets provides opportunities for firms to collaborate on various activities. These collaborations are the resource of social capital for firms to achieve sustainable competitiveness. This study aims to investigate how social capital (i.e., structural, relational, and cognitive social capital) between firms in a developing economy and developed economy strengthens their innovation capability and enhance their industry 4.0 readiness. Using Smart PLS-SEM to analyse the data collected from 320 managers representing 81 manufacturing firms in Pakistan, we found that social capital is positively associated with industry 4.0 readiness, and innovative capability mediates this relationship. The study contributes to the existing knowledge of understanding industry 4.0 readiness and provides useful insights for firms in developing economy to improves their innovation capability during the industry 4.0 era. This study likewise reveals the significance of three dimensions of social capital, which can facilitate to bring in digital knowledge from developed economies to developed economies to get ready for the fourth industrial revolution.

https://eprints.bournemouth.ac.uk/36756/

Source: Manual

Interorganizational social capital of firms in developing economies and Industry 4.0 readiness: the role of innovative capability and absorptive capacity.

Authors: ul zia, N., Burita, L. and Yang, Y.

Journal: Review of Managerial Science

Volume: 17

Pages: 661-682

Publisher: Springer Nature

ISSN: 1863-6683

Abstract:

The globalization of markets provides opportunities for firms to collaborate on various activities. These collaborations are the resource of social capital for firms to achieve sustainable competitiveness. This study aims to investigate how social capital (i.e., structural, relational, and cognitive social capital) between firms in a developing economy and developed economy strengthens their innovation capability and enhance their industry 4.0 readiness. Using Smart PLS-SEM to analyse the data collected from 320 managers representing 81 manufacturing firms in Pakistan, we found that social capital is positively associated with industry 4.0 readiness, and innovative capability mediates this relationship. The study contributes to the existing knowledge of understanding industry 4.0 readiness and provides useful insights for firms in developing economy to improves their innovation capability during the industry 4.0 era. This study likewise reveals the significance of three dimensions of social capital, which can facilitate to bring in digital knowledge from developed economies to developed economies to get ready for the fourth industrial revolution.

https://eprints.bournemouth.ac.uk/36756/

Source: BURO EPrints