Skip to main content

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

Najam, Z., Ladislav, B. and Yumei, Y., 2022. Interorganizational social capital of firms in developing economies and Industry 4.0 readiness: the role of innovative capability and absorptive capacity. Review of Managerial Science. (In Press)

Full text available as:

[img]
Preview
PDF (OPEN ACCESS ARTICLE)
UlZia2022_Article_Inter-organizationalSocialCapi.pdf - Published Version
Available under License Creative Commons Attribution.

1MB
[img] PDF
Manuscript_final.pdf - Accepted Version
Restricted to Repository staff only

401kB

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.

Item Type:Article
ISSN:1863-6683
Group:Bournemouth University Business School
ID Code:36756
Deposited By: Symplectic RT2
Deposited On:17 Mar 2022 14:17
Last Modified:30 Mar 2022 13:23

Downloads

Downloads per month over past year

More statistics for this item...
Repository Staff Only -