Hostname: page-component-586b7cd67f-tf8b9 Total loading time: 0 Render date: 2024-11-22T01:19:45.207Z Has data issue: false hasContentIssue false
  • English
  • Français

The Relationship between the Chief Executive Officer’s (CEO) Social Capital and Dynamic Capabilities: A Meta-Analysis of its Moderators

Published online by Cambridge University Press:  23 February 2022

William Fernando Durán Open the ORCID record for William Fernando Durán [Opens in a new window]  and
David Aguado Open the ORCID record for David Aguado [Opens in a new window]
William Fernando Durán
Affiliation:
Pontificia Universidad Javeriana (Colombia)
David Aguado
Affiliation:
Universidad Autónoma de Madrid (Spain)
Get access Rights & Permissions [Opens in a new window]

Abstract

CEO social capital has shown a positive association with dynamic capabilities, although correlations have considerable heterogeneity among them. This meta-analysis estimates the correlation between CEO social capital and dynamic capabilities, and analyses moderator variables in explaining the heterogeneity in the results. Moderators are classified across four levels from macro to micro variables: country variables, firm environment, firm characteristics, and CEO variables. We apply a systematic search for studies in the Web of Science, Scopus, EBSCO, ProQuest, and Google Scholar databases. Additionally, we used a three-level random-effect meta-analysis on 89 correlations published between 2008 and 2021 from 9,272 CEOs. Findings indicate a positive correlation between CEO social capital and dynamic capabilities. Furthermore, we identified a moderator effect in the country and firm environment level. We found that the country of the study, the perception of transparency and legality in the country, and the environmental dynamism in the market moderate the size of the correlations. We also reject other moderators, including the individualism-collectivism national culture, firm size, the sources of social capital (business or political ties), and the dimension of the social capital (structural, relational or cognitive). This study contributes to the exploration of the sources of dynamic capabilities from the micro-foundation, identifies moderator variables that explain the heterogeneity in the results, and highlights the social nature of management activities which always evolve in a social context.

Keywords

CEO social capitaldynamic capabilitiesmeta-analysismicro-foundation
Type
Research Article
Information
The Spanish Journal of Psychology , Volume 25 , 2022 , e9
Copyright
© Universidad Complutense de Madrid and Colegio Oficial de Psicólogos de Madrid 2022

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Footnotes

Funding Statements: This study was supported by the Pontificia Universidad Javeriana and Administrative Department of Science, Technology and Innovation (Colciencias) in Colombia.

Conflicts of Interest: Author David Aguado is the doctoral academic tutor of the author William Duran in the Universidad Autónoma de Madrid.

References

References marked with an asterisk indicate studies included in the meta-analysis.Google Scholar
Abosag, I., & Naudé, P. (2014). Development of special forms of B2B relationships: Examining the role of interpersonal liking in developing guanxi and et-moone relationships. Industrial Marketing Management, 43(6), 887–896. https://doi.org/10.1016/j.indmarman.2014.05.003 CrossRefGoogle Scholar
Acquaah, M. (2007). Managerial social capital, strategic orientation, and organizational performance in an emerging economy. Strategic Management Journal, 28(12), 1235–1255. https://doi.org/10.1002/smj.632 CrossRefGoogle Scholar
Adner, R., & Helfat, C. E. (2003). Corporate effects and dynamic managerial capabilities. Strategic Management Journal, 24(10), 1011–1025. https://doi.org/10.1002/smj.331 CrossRefGoogle Scholar
Aguinis, H., Gottfredson, R. K., & Joo, H. (2013). Best-practice recommendations for defining, identifying, and handling outliers. Organizational Research Methods, 16(2), 270–301. https://doi.org/10.1177/1094428112470848 CrossRefGoogle Scholar
*Aidoo, S. O., Agyapong, A., & Mensah, H. K. (2020). Social capital and performance of SMEs: The role of entrepreneurial orientation and managerial capability. Africa Journal of Management, 6(4), 377–406. https://doi.org/10.1080/23322373.2020.1830698 CrossRefGoogle Scholar
Assink, M., & Wibbelink, C. J. M. (2016). Fitting three-level meta-analytic models in R: A step-by-step tutorial. The Quantitative Methods for Psychology, 12(3), 154–174. https://doi.org/10.20982/tqmp.12.3.p154 CrossRefGoogle Scholar
Barney, J., & Felin, T. (2013). What are microfoundations? Academy of Management Perspectives, 27(2), 138–155. https://doi.org/10.5465/amp.2012.0107 https://doi.org/10.1177/1548051812471722 CrossRefGoogle Scholar
Bendig, D., Strese, S., Flatten, T. C., da Costa, M. E. S., & Brettel, M. (2018). On micro-foundations of dynamic capabilities: A multi-level perspective based on CEO personality and knowledge-based capital. Long Range Planning, 51(6), 797–814. https://doi.org/10.1016/j.lrp.2017.08.002 CrossRefGoogle Scholar
Bitencourt, C. C., de Oliveira Santini, F., Ladeira, W. J., Santos, A. C., & Teixeira, E. K. (2019). The extended dynamic capabilities model: A meta-analysis. European Management Journal, 38(1), 108–120. https://doi.org/10.1016/j.emj.2019.04.007 CrossRefGoogle Scholar
Blyler, M., & Coff, R. W. (2003). Dynamic capabilities, social capital, and rent appropriation: Ties that split pies. Strategic Management Journal, 24(7), 677–686. https://doi.org/10.1002/smj.327 CrossRefGoogle Scholar
*Boso, N., Story, V. M., & Cadogan, J. W. (2013). Entrepreneurial orientation, market orientation, network ties, and performance: Study of entrepreneurial firms in a developing economy. Journal of Business Venturing, 28(6), 708–727. https://doi.org/10.1016/j.jbusvent.2013.04.001 CrossRefGoogle Scholar
Brass, D. J. (2012). A social network perspective on organizational psychology. In Kozlowski, S. W. J. (Ed.), The Oxford handbook of organizational psychology , Vol. 1 (pp. 667–695). Oxford University Press. http://doi.org/10.1093/oxfordhb/9780199928309.013.0021 Google Scholar
Burt, R. S. (2000). The network structure of social capital. Research in Organizational Behavior, 22(1), 345–423. https://doi.org/10.1016/S0191-3085(00)22009-1 CrossRefGoogle Scholar
Carlson, K. D., & Ji, F. X. (2011). Citing and building on meta-analytic findings: A review and recommendations. Organizational Research Methods, 14(4), 696–717. https://doi.org/10.1177/1094428110384272 CrossRefGoogle Scholar
*Chen, M.-H., Chang, Y.-Y., & Lee, C.-Y. (2015). Creative entrepreneurs’ guanxi networks and success: Information and resource. Journal of Business Research, 68(4), 900–905. https://doi.org/10.1016/j.jbusres.2014.11.049 CrossRefGoogle Scholar
*Chen, X., & Wu, J. (2011). Do different guanxi types affect capability building differently? A contingency view. Industrial Marketing Management, 40(4), 581–592. https://doi.org/10.1016/j.indmarman.2010.12.014 CrossRefGoogle Scholar
Cheung, M. W.-L. (2014). Modeling dependent effect sizes with three-level meta-analyses: A structural equation modeling approach. Psychological Methods, 19(2), 211–229. http://doi.org/10.1037/a0032968 CrossRefGoogle ScholarPubMed
*Chu, Z., Feng, B., & Lai, F. (2018). Logistics service innovation by third party logistics providers in China: Aligning guanxi and organizational structure. Transportation Research Part E: Logistics and Transportation Review, 118, 291–307. https://doi.org/10.1016/j.tre.2018.08.007 CrossRefGoogle Scholar
Chung, H. F. L. (2012). Export market orientation, managerial ties, and performance. International Marketing Review, 29(4), 403–423. https://doi.org/10.1108/02651331211242638 CrossRefGoogle Scholar
*Chung, H. F. L., Wang, C. L., Huang, P., & Yang, Z. (2016). Organizational capabilities and business performance: When and how does the dark side of managerial ties matter? Industrial Marketing Management, 55, 70–82. https://doi.org/10.1016/j.indmarman.2016.02.014 CrossRefGoogle Scholar
Cook, R. D. (1977). Detection of influential observation in linear regression. Technometrics, 19(1), 15–18. https://doi.org/10.1080/00401706.1977.10489493 Google Scholar
Coleman, J. S. (1994). Foundations of social theory. Harvard University Press.Google Scholar
*Cui, N., Wen, N., Xu, L., & Qin, Y. (2013). Contingent effects of managerial guanxi on new product development success. Journal of Business Research, 66(12), 2522–2528. https://doi.org/10.1016/j.jbusres.2013.05.044 CrossRefGoogle Scholar
Dalton, D. R., Aguinis, H., Dalton, C. M., Bosco, F. A., & Pierce, C. A. (2012). Revisiting the file drawer problem in meta‐analysis: An assessment of published and nonpublished correlation matrices. Personnel Psychology, 65(2), 221–249. https://doi.org/10.1111/j.1744-6570.2012.01243.x CrossRefGoogle Scholar
*Debrulle, J., Maes, J., & Sels, L. (2014). Start-up absorptive capacity: Does the owner’s human and social capital matter? International Small Business Journal, 32(7), 777–801. https://doi.org/10.1177/0266242612475103 CrossRefGoogle Scholar
Di Stefano, G., Peteraf, M., & Verona, G. (2014). The organizational drivetrain: A road to integration of dynamic capabilities research. Academy of Management Perspectives, 28(4), 307–327. https://doi.org/10.5465/amp.2013.0100 CrossRefGoogle Scholar
Dixon, S., Meyer, K., & Day, M. (2014). Building dynamic capabilities of adaptation and innovation: A study of micro-foundations in a transition economy. Long Range Planning, 47(4), 186–205. https://doi.org/10.1016/j.lrp.2013.08.011 CrossRefGoogle Scholar
*Du, J., & Zhou, C. (2019). Does guanxi matter in the foreign expansion of Chinese manufacturing firms? The mediator role of linking and leveraging. Asia Pacific Journal of Management, 36(2), 473–497. https://doi.org/10.1007/s10490-018-9613-9 CrossRefGoogle Scholar
Edelman, L. F., Bresnen, M., Newell, S., Scarbrough, H., & Swan, J. (2004). The benefits and pitfalls of social capital: Empirical evidence from two organizations in the United Kingdom. British Journal of Management, 15, S59–S69. https://doi.org/10.1111/j.1467-8551.2004.00400.x CrossRefGoogle Scholar
Fainshmidt, S., Pezeshkan, A., Frazier, M. L., Nair, A., & Markowski, E. (2016). Dynamic capabilities and organizational performance: A meta-analytic evaluation and extension. Journal of Management Studies, 53(8), 1348–1380. https://doi.org/10.1111/joms.12213 CrossRefGoogle Scholar
Felin, T., Foss, N. J., & Ployhart, R. E. (2015). The microfoundations movement in strategy and organization theory. Academy of Management Annals, 9(1), 575–632. https://doi.org/10.5465/19416520.2015.1007651 CrossRefGoogle Scholar
Fernández-Castilla, B., Jamshidi, L., Declercq, L., Beretvas, N., Onghena, P., & van den Noortgate, W. (2020). The application of meta-analytic (multi-level) models with multiple random effects: A systematic review. Behavior Research Methods, 52(5), 1–22. https://doi.org/10.3758/s13428-020-01373-9 CrossRefGoogle ScholarPubMed
*Fernández‐Pérez, V., Verdú‐Jóver, A. J., and Benitez‐Amado, J. (2013). Managerial social networks and strategic flexibility: The role of strategic orientation. Personnel Review, 42(2), 134–153. https://doi.org/10.1108/00483481311309357 CrossRefGoogle Scholar
*Fernández-Pérez, V., García-Morales, V. J., & Pullés Cabeza, D. (2016). Entrepreneurial decision-making, external social networks and strategic flexibility: The role of CEOs’ cognition. European Management Journal, 34(3), 296–309. https://doi.org/10.1016/j.emj.2015.12.002 CrossRefGoogle Scholar
Flap, H. (2002). No man is an island: The research program of a social capital theory. In Favereau, O. & Lazega, E. (Eds.), Conventions and structures in economic organizations: Markets and hierarchies. Edward Elgar Publishing. https://doi.org/10.4337/9781781952863.00007 Google Scholar
Fukuyama, F. (1995). Social capital and the global economy. Foreign Affairs, 74(5), 89–103. http://doi.org/10.2307/20047302 CrossRefGoogle Scholar
García-Villaverde, P. M., Rodrigo-Alarcón, J., Ruiz-Ortega, M. J., & Parra-Requena, G. (2018). The role of knowledge absorptive capacity on the relationship between cognitive social capital and entrepreneurial orientation. Journal of Knowledge Management, 22(5), 1015–1036. https://doi.org/1036. 10.1108/JKM-07-2017-0304 CrossRefGoogle Scholar
Geletkanycz, M. A., & Hambrick, D. C. (1997). The external ties of top executives: Implications for strategic choice and performance. Administrative Science Quarterly, 42(4), 654–681. https://doi.org/10.2307/2393653 CrossRefGoogle Scholar
*Gu, F. F., Hung, K., & Tse, D. K. (2008). When does guanxi matter? Issues of capitalization and its dark sides. Journal of Marketing, 72(4), 12–28. https://doi.org/10.1509/jmkg.72.4.012 CrossRefGoogle Scholar
Guo, C., & Miller, J. K. (2010). Guanxi dynamics and entrepreneurial firm creation and development in China. Management and Organization Review, 6(2), 267–291. https://doi.org/10.1111/j.1740-8784.2010.00180.x CrossRefGoogle Scholar
Helfat, C. E., and Peteraf, M. A. (2009). Understanding dynamic capabilities: Progress along a developmental path. Strategic Organization, 7(1), 91–102. https://doi.org/10.1177/1476127008100133 CrossRefGoogle Scholar
Helfat, C. E., Finkelstein, S., Mitchell, W., Peteraf, M., Singh, H., Teece, D., & Winter, S. G. (2009). Dynamic capabilities: Understanding strategic change in organizations. John Wiley & Sons.Google Scholar
Hernández-Carrión, C., Camarero-Izquierdo, C., & Gutiérrez-Cillán, J. (2017). Entrepreneurs’ social capital and the economic performance of small businesses: The moderating role of competitive intensity and entrepreneurs’ experience. Strategic Entrepreneurship Journal, 11(1), 61–89. https://doi.org/10.1002/sej.1228 CrossRefGoogle Scholar
Higgins, J. P., & Thompson, S. G. (2002). Quantifying heterogeneity in a meta‐analysis. Statistics in Medicine, 21(11), 1539–1558. http://doi.org/10.1002/sim.1186 CrossRefGoogle ScholarPubMed
Hodgkinson, G. P., & Healey, M. P. (2011). Psychological foundations of dynamic capabilities: Reflexion and reflection in strategic management. Strategic Management Journal, 32(13), 1500–1516. https://doi.org/10.1002/smj.964 CrossRefGoogle Scholar
Hofstede, G. (2011). Dimensionalizing cultures: The Hofstede model in context. Online Readings in Psychology and Culture, 2(1), Article 8. http://doi.org/10.9707/2307-0919.1014 CrossRefGoogle Scholar
Huedo-Medina, T. B., Sánchez-Meca, J., Marín-Martínez, F., & Botella, J. (2006). Assessing heterogeneity in meta-analysis: Q statistic or I² index? Psychological Methods, 11(2), 193–206. https://doi.org/10.1037/1082-989X.11.2.193 CrossRefGoogle ScholarPubMed
Hunter, J. E., & Schmidt, F. L. (2004). Methods of meta-analysis: Correcting error and bias in research findings. Sage.CrossRefGoogle Scholar
Javakhadze, D., Ferris, S. P., & French, D. W. (2016). Managerial social capital and financial development: A cross‐country analysis. Financial Review, 51(1), 37–68. http://doi.org/10.1111/fire.12097 CrossRefGoogle Scholar
*Jean, R.-J. B., Sinkovics, R. R., & Zagelmeyer, S. (2018). Antecedents and innovation performance implications of MNC political ties in the Chinese automotive supply chain. Management International Review, 58(6), 995–1026. http://doi.org/10.1007/s11575-018-0370-2 CrossRefGoogle Scholar
Johnson, C. D. (2013). Social capital: Theory, measurement and outcomes. Nova Science Publishers, Inc.Google Scholar
*Kemper, J., Schilke, O., & Brettel, M. (2013). Social capital as a microlevel origin of organizational capabilities. Journal of Product Innovation Management, 30(3), 589–603. https://doi.org/10.1111/jpim.12004 CrossRefGoogle Scholar
Khanna, T., & Rivkin, J. W. (2001). Estimating the performance effects of business groups in emerging markets. Strategic Management Journal, 22(1), 45–74. http://doi.org/10.1002/1097-0266(200101)22:1%3C45::AID-SMJ147%3E3.0.CO;2-F 3.0.CO;2-F>CrossRefGoogle Scholar
Knoke, D. (1999). Organizational networks and corporate social capital. In Leenders, R. T. A. J. & Gabbay, S. M. (Eds.), Corporate social capital and liability (pp. 17–42). Springer Science & Business Media. https://doi.org/10.1007/978-1-4615-5027-3_2 CrossRefGoogle Scholar
Kossmeier, M., Tran, U. S., & Voracek, M. (2020). metaviz: Forest plots, funnel plots, and visual funnel plot inference for meta-analysis (Version 0.3.1) [Computer software]. The R Foundation. https://CRAN.R-project.org/package=metaviz Google Scholar
Kurtmollaiev, S. (2017). Dynamic capabilities and where to find them. Journal of Management Inquiry, 29(1), 3–16. https://doi.org/10.1177/1056492617730126 CrossRefGoogle Scholar
Lee, W. C., & Law, S. H. (2017). Roles of formal institutions and social capital in innovation activities: A cross-country analysis. Global Economic Review, 46(3), 203–231. http://doi.org/10.1080/1226508X.2017.1292859 CrossRefGoogle Scholar
Lee, R., Tuselmann, H., Jayawarna, D., & Rouse, J. (2019). Effects of structural, relational and cognitive social capital on resource acquisition: A study of entrepreneurs residing in multiply deprived areas. Entrepreneurship & Regional Development, 31(5–6), 534–554. https://doi.org/10.1080/08985626.2018.1545873 CrossRefGoogle Scholar
Li, J. J., Poppo, L., & Zhou, K. Z. (2008). Do managerial ties in China always produce value? Competition, uncertainty, and domestic vs. foreign firms. Strategic Management Journal, 29(4), 383–400. https://doi.org/10.1002/smj.665 CrossRefGoogle Scholar
Lin, N. (2001). Social capital: A theory of social structure and action. Cambridge University Press. http://doi.org/10.1017/CBO9780511815447 CrossRefGoogle Scholar
Lin, N., Cook, K., & Burt, R. (2017). Social capital: Theory and research. Routledge. http://doi.org/10.4324/9781315129457 CrossRefGoogle Scholar
*Ling-Yee, L. (2010). Antecedents of principal–Agent relationship value: The differential impact of social capital and dynamic learning factors. Journal of Marketing Channels, 17(4), 313–338. https://doi.org/10.1080/1046669X.2010.512860 Google Scholar
*Lu, Y., Zhou, L., Bruton, G., & Li, W. (2010). Capabilities as a mediator linking resources and the international performance of entrepreneurial firms in an emerging economy. Journal of International Business Studies, 41(3), 419–436. https://doi.org/10.1057/jibs.2009.73 CrossRefGoogle Scholar
Luo, Y., Huang, Y., & Wang, S. L. (2012). Guanxi organizational performance: A meta-analysis. Management & Organization Review, 8(1), 139–172. https://doi.org/10.1111/j.1740-8784.2011.00273.x CrossRefGoogle Scholar
*Mai, Y., Xiong, C., & He, X. (2015). The effects of entrepreneurs’ socioeconomic status and political characteristics on new ventures’ establishment of formal political ties in China. Chinese Management Studies, 9(2), 130–149. https://doi.org/10.1108/CMS-05-2013-0078 CrossRefGoogle Scholar
Miron-Spektor, E., Ingram, A., Keller, J., Smith, W. K., & Lewis, M. W. (2018). Microfoundations of organizational paradox: The problem is how we think about the problem. Academy of Management Journal, 61(1), 26–45. https://doi.org/10.5465/amj.2016.0594 CrossRefGoogle Scholar
Mitchell, M., & Skrzypacz, A. (2015). A theory of market pioneers, dynamic capabilities, and industry evolution. Management Science, 61(7), 1598–1614. https://doi.org/10.1287/mnsc.2014.2064 CrossRefGoogle Scholar
Moran, P. (2005). Structural vs. relational embeddedness: Social capital and managerial performance. Strategic Management Journal, 26(12), 1129–1151. https://10.1002/smj.486 CrossRefGoogle Scholar
*Mudalige, D., Ismail, N. A., & Malek, M. A. (2016). Exploratory study on relationship between entrepreneur characteristics and dynamic capabilities in export SMES. Paradigm, 20(2), 113–130. https://doi.org/10.1177/0971890716672934 CrossRefGoogle Scholar
Nahapiet, J., & Ghoshal, S. (1998). Social capital, intellectual capital, and the organizational advantage. Academy of Management Review, 23(2), 242–266. https://doi.org/10.5465/amr.1998.533225 CrossRefGoogle Scholar
*Naqshbandi, M. M. (2016). Managerial ties and open innovation: Examining the role of absorptive capacity. Management Decision, 54(9), 2256–2276. http://doi.org/10.1108/MD-03-2016-0161 CrossRefGoogle Scholar
Organization for Economic Co-operation and Development (OECD) Observer. (2000). Small and medium-sized enterprises: Local strength, global reach [Policy Brief]. http://www.oecd.org/cfe/leed/1918307.pdf Google Scholar
Park, S. H., & Luo, Y. (2001). Guanxi and organizational dynamics: Organizational networking in Chinese firms. Strategic Management Journal, 22(5), 455–477. https://doi-org/10.1002/smj.167 CrossRefGoogle Scholar
Parra-Requena, G., Ruiz-Ortega, M. J., & García-Villaverde, P. M. (2013). Social capital and effective innovation in industrial districts: Dual effect of absorptive capacity. Industry and Innovation, 20(2), 157–179. https://doi.org/10.1080/13662716.2013.771486 CrossRefGoogle Scholar
Peng, M. W., & Luo, Y. (2000). Managerial ties and firm performance in a transition economy: The nature of a micro-macro link. Academy of Management Journal, 43(3), 486–501. https://doi.org/10.5465/1556406 Google Scholar
Peteraf, M., Stefano, G. D., & Verona, G. (2013). The elephant in the room of dynamic capabilities: Bringing two diverging conversations together. Strategic Management Journal, 34(12), 1389–1410. https://doi.org/10.1002/smj.2078 CrossRefGoogle Scholar
Peterson, R. A., & Brown, S. P. (2005). On the use of beta coefficients in meta-analysis. Journal of Applied Psychology, 90(1), 175–181. https://doi.org/10.1037/0021-9010.90.1.175 CrossRefGoogle ScholarPubMed
Phelps, C., Heidl, R., & Wadhwa, A. (2012). Knowledge, networks, and knowledge networks: A review and research agenda. Journal of Management, 38(4), 1115–1166. https://doi.org/10.1177/0149206311432640 CrossRefGoogle Scholar
Ployhart, R. E., & Hale, D. Jr. (2014). The fascinating psychological microfoundations of strategy and competitive advantage. Annual Review of Organizational Psychology and Organizational Behavior, 1(1), 145–172. https://doi.org/10.1146/annurev-orgpsych-031413-091312 CrossRefGoogle Scholar
Putnam, R. (2001). Social capital: Measurement and consequences. Canadian Journal of Policy Research, 2(1), 41–51.Google Scholar
R Core Team . (2014). R: A language and environment for statistical computing (Version 4.1.1) [Computer software]. The R Foundation. http://www.R-project.org/ Google Scholar
Raudenbush, S. W. (2009). Analyzing effect sizes: Random-effects models. In Cooper, H., Hedge, L., & Valentine, J. (Eds.), The handbook of research synthesis and meta-analysis (2 nd Ed., pp. 295–316) Russell Sage Foundation.Google Scholar
*Rodrigo-Alarcón, J., García-Villaverde, P. M., Ruiz-Ortega, M. J., & Parra-Requena, G. (2018). From social capital to entrepreneurial orientation: The mediating role of dynamic capabilities. European Management Journal, 36(2), 195–209. https://doi.org/10.1016/j.emj.2017.02.006 CrossRefGoogle Scholar
Salvato, C., & Vassolo, R. (2014). The sources of dynamism in dynamic capabilities. Strategic Management Journal, 39(6), 1728–1752. https://doi.org/10.1002/smj.2703 CrossRefGoogle Scholar
Sartal, A., González-Loureiro, M., & Vázquez, X. H. (2021). Meta-analyses in management: What can we learn from clinical research? BRQ Business Research Quarterly, 24(1), 91–111. https://doi.org/10.1177/2340944420916310 CrossRefGoogle Scholar
Shane, S., & Cable, D. (2002). Network ties, reputation, and the financing of new ventures. Management Science, 48(3), 364–381. https://doi.org/10.1287/mnsc.48.3.364.7731 CrossRefGoogle Scholar
Sheng, S., Zhou, K. Z., & Li, J. J. (2011). The effects of business and political ties on firm performance: Evidence from China. Journal of Marketing, 75(1), 1–15. https://doi.org/10.1509/jm.75.1.1 CrossRefGoogle Scholar
Simerly, R. L., & Li, M. (2000). Environmental dynamism, capital structure and performance: A theoretical integration and an empirical test. Strategic Management Journal, 21(1), 31–49. https://doi.org/10.1002/(SICI)1097-0266(200001)21:1<31::AID-SMJ76>3.0.CO;2-T 3.0.CO;2-T>CrossRefGoogle Scholar
*Su, Z., & Yang, H. (2018). Managerial ties and exploratory innovation: An opportunity-motivation-ability perspective. IEEE Transactions on Engineering Management, 65(2), 227–238. http://doi.org/10.1109/TEM.2017.2782730 CrossRefGoogle Scholar
Teece, D. J. (2007). Explicating dynamic capabilities: The nature and microfoundations of (sustainable) enterprise performance. Strategic Management Journal, 28(13), 1319–1350. https://doi.org/10.1002/smj.640 CrossRefGoogle Scholar
Teece, D. J. (2014). The foundations of enterprise performance: Dynamic and ordinary capabilities in an (economic) theory of firms. Academy of Management Perspectives, 28(4), 328–352. https://doi.org/10.5465/amp.2013.0116 CrossRefGoogle Scholar
Transparency International. Corruption perception index 2019. https://www.transparency.org/en/cpi/2019/results Google Scholar
Uzzi, B. (1997). Towards a network perspective on organizational decline. International Journal of Sociology and Social Policy, 17(7/8), 111–115. https://doi.org/10.1108/eb013318 CrossRefGoogle Scholar
van den Noortgate, W., López-López, J. A., Marín-Martínez, F., & Sánchez-Meca, J. (2013). Three-level meta-analysis of dependent effect sizes. Behavior Research Methods, 45(2), 576–594. https://doi.org/10.3758/s13428-012-0261-6 CrossRefGoogle ScholarPubMed
Viechtbauer, W. (2010). Conducting meta-analyses in R with the metafor package. Journal of Statistical Software, 36(3), 1–48. https://doi.org/10.18637/jss.v036.i03 CrossRefGoogle Scholar
Viswanathan, M., Sridharan, S., & Ritchie, R. (2010). Understanding consumption and entrepreneurship in subsistence marketplaces. Journal of Business Research, 63(6), 570–581. https://doi.org/10.1016/j.jbusres.2009.02.023 CrossRefGoogle Scholar
Vlaisavljevic, V., Cabello-Medina, C., & Pérez-Luño, A. (2016). Coping with diversity in alliances for innovation: The role of relational social capital and knowledge codifiability. British Journal of Management, 27(2), 304–322. https://doi.org/10.1111/1467-8551.12155 CrossRefGoogle Scholar
*von den Driesch, T., da Costa, M. E. S., Flatten, T. C., & Brettel, M. (2015). How CEO experience, personality, and network affect firms’ dynamic capabilities. European Management Journal, 33(4), 245–256. https://doi.org/10.1016/j.emj.2015.01.003 CrossRefGoogle Scholar
*Wadhwa, P., McCormick, M., & Musteen, M. (2017). Technological innovation among internationality active SMEs in the Czech economy. European Business Review, 29(2), 164–180. https://doi.org/10.1108/EBR-12-2015-0156 CrossRefGoogle Scholar
Wang, C. L. (2007). Guanxi vs. relationship marketing: Exploring underlying differences. Industrial Marketing Management, 36(1), 81–86. https://doi.org/10.1016/j.indmarman.2005.08.002 CrossRefGoogle Scholar
*Wei, Z., Hou, J., Wang, D., & Wang, L. (2011). How can SMEs leverage political ties and technological innovation capability to acquire government assistance in a transition economy? Journal of General Management, 36(4), 3–22. https://doi.org/10.1177/030630701103600402 CrossRefGoogle Scholar
Wibbelink, C. J. M., Hoeve, M., Stams, G. J. J. M., & Oort, F. J. (2017). A meta-analysis of the association between mental disorders and juvenile recidivism. Aggression and Violent Behavior, 33(1), 78–90. https://doi.org/10.1016/j.avb.2017.01.005 CrossRefGoogle Scholar
Wójcik, P. (2015). Exploring links between dynamic capabilities perspective and resource-based view: A literature overview. International Journal of Management and Economics, 45(1), 83–107. http://doi.org/10.1515/ijme-2015-0017 CrossRefGoogle Scholar
*Wu, J., & Chen, X. (2012). Leaders’ social ties, knowledge acquisition capability and firm competitive advantage. Asia Pacific Journal of Management, 29(2), 331–350. https://doi.org/10.1007/s10490-011-9278-0 CrossRefGoogle Scholar
Wu, W. (2008). Dimensions of social capital and firm competitiveness improvement: The mediating role of information sharing. Journal of Management Studies, 45(1), 122–146. https://doi.org/10.1111/j.1467-6486.2007.00741.x Google Scholar
*Xu, Y. (2016). Entrepreneurial social capital, cognitive orientation and new venture innovation. Management Research Review, 39(5), 498–520. https://doi.org/10.1108/MRR-06-2014-0132 CrossRefGoogle Scholar
*Yu, M., Lu, Y., Li, C., Lin, H., & Shapira, P. (2019). More is less? The curvilinear effects of political ties on corporate innovation performance. Technological and Economic Development of Economy, 25(6), 1309–1335. https://doi.org/10.3846/tede.2019.10718 CrossRefGoogle Scholar
Zhang, Y., & Li, H. (2010). Innovation search of new ventures in a technology cluster: The role of ties with service intermediaries. Strategic Management Journal, 31(1), 88–109. https://doi.org/10.1002/smj.806 CrossRefGoogle Scholar
*Zhou, K. Z., Li, J. J., Sheng, S., & Shao, A. T. (2014). The evolving role of managerial ties and firm capabilities in an emerging economy: Evidence from China. Journal of the Academy of Marketing Science, 42(6), 581–595. https://doi.org/10.1007/s11747-014-0371-z CrossRefGoogle Scholar
*Zhu, W., Su, S., & Shou, Z. (2017). Social ties and firm performance: The mediating effect of adaptive capability and supplier opportunism. Journal of Business Research, 78(1), 226–232. https://doi.org/10.1016/j.jbusres.2016.12.018 CrossRefGoogle Scholar
Supplementary material: File

Durán and Aguado supplementary material

Durán and Aguado supplementary material

Download Durán and Aguado supplementary material(File)
File 35.8 KB