Print page

The Strategic Value of Social Capital

How Firms Capitalize on Social Assets Francesca Masciarelli, Research Fellow, Department of Management and Business Administration, University G. d’Annunzio, Italy
This groundbreaking book explores whether, how and why firms may generate value from social assets. Based on original empirical evidence, this is the first book that systematically integrates different approaches to social capital and develops a new and more comprehensive framework that relates social capital to various firm’s strategies.
Extent: 192 pp
Hardback Price: $116.00 Web: $104.40
Publication Date: 2011
ISBN: 978 1 84980 296 3
Availability: In Stock
$0.00

Buy the E-Book @ paperback price

Join our mailing list

  • Business and Management
  • Human Resource Management
This groundbreaking book explores whether, how and why firms may generate value from social assets. Based on original empirical evidence, this is the first book that systematically integrates different approaches to social capital and develops a new and more comprehensive framework that relates social capital to various firm’s strategies.

The author delves deeply into the nature, dimensions and dynamics of social capital deploying research and analytical techniques from a wide variety of disciplines including, the theory of the firm, entrepreneurship, regional studies, strategic management, international business and innovation studies. Francesca Masciarelli provides insights into a new multilevel configuration of social capital and supports this with an abundance of empirical evidence.

Making a step towards the development of a more comprehensive theory of social capital this book will prove essential for graduate students and scholars in business strategy, the social sciences, technology strategy, industrial organization, political science, economics of innovation, economics of technological change, internationalization and regional studies. Practitioners, leading consultancies, business advisers and policymakers operating in the field of business strategy and management of innovation will also find plenty of stimulating information in this valuable study.
‘For those interested in the theories and research of social capital, I would highly recommend this book.’
– James Stone III, Journal of European Industrial Training

‘Embracing the seminal work of Putnam, Masciarelli offers an insightful and comprehensive overview of social capital literature organized in a thoughtful and easily accessible way. The book builds theoretical bridges between social capital and firm behavior in a compelling and novel fashion and goes on to employ powerful data for rigorous empirical investigations into the relationship. It stands as a comprehensive and imaginative contribution to a growing literature spanning multiple disciplines. This book will become essential for scholars interested in the role of social capital.’
– Toke Reichstein, Copenhagen Business School, Denmark

‘Masciarelli’s book provides an original perspective on the relationship between social capital and firms strategies, innovation and performance. From the beginning, the reader enters a deep theoretical discussion, coupled with empirical insight and ability to judge what is scientifically sound and reliable, and what is not. The chapters dealing with innovation are particularly inspiring: social capital, knowledge production and open innovation have never been linked so tightly and clearly.’
– Francesco Rullani, LUISS Guido Carli, Italy

‘This is an outstanding book by an outstanding scholar. This is the first book to really explain what social capital means and how and why firms generate value and profit from social capital. The author combines a rigorous approach to empirical evidence in support of her arguments with new theoretical insights. This is a “must read” for all those concerned with firm competitiveness, knowledge acquisition and social capital theory.’
– Michael G. Hobday, University of Sussex, UK
Contents: Foreword by Helena Yli-Renko 1. Introduction and Overview Part I: The Strategic Value of Geographically Bound Social Capital 2. The Regional Determinants of Firms’ Innovation: The Role of Social Capital and Regional Creativity 3. The Impact of Social Capital on Firm–Bank Relationships Part II: The Strategic Value of Individual Social Capital 4. Turning Public into Private: How Geographically Bound Social Capital Amplifies Entrepreneurs’ Network for Innovation 5. International Social Capital and the Offshoring of Intangibles 6. The Role of Social and Human Capital in the Succession Process in Family Firms 7. Conclusions References Index