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TMT social capital, network position and innovation: the nature of micro-macro links

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  • Guoyang Zheng

    (Renmin University of China)

  • Li Zhu

    (Peking University)

  • Chao Liu

    (Renmin University of China)

  • Yu Chen

    (Peking University)

Abstract

Employing a sample of 1476 firms and 5130 firm-years in China, we examine the relationship between social capital and macro organizational innovation. Based on the relational view and social capital theory, this study investigates how the top management team (TMT) inside an organization bridges and bonds social capital to influence innovations combined with organizational network position. Through empirical tests based on listed companies in the whole network of the interlocking directorate using the dataset of listed companies in China from 2008 to 2014, the study finds that: (1) TMT global social capital has an essential positive effect on innovation, (2) TMT overseas social capital has significant positive consequences on prestige and power (network position), (3) network position mediates the relationship between TMT overseas social capital and innovation, and (4) TMT bank social capital has a moderating effect on the relationship between network position and innovation.

Suggested Citation

  • Guoyang Zheng & Li Zhu & Chao Liu & Yu Chen, 2019. "TMT social capital, network position and innovation: the nature of micro-macro links," Frontiers of Business Research in China, Springer, vol. 13(1), pages 1-23, December.
    • Handle: RePEc:spr:fobric:v:13:y:2019:i:1:d:10.1186_s11782-019-0047-0
    DOI: 10.1186/s11782-019-0047-0
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    2. Xiaohan Li & Yang Lv & Md Nazirul Islam Sarker & Xun Zeng, 2022. "Assessment of Critical Diffusion Factors of Public–Private Partnership and Social Policy: Evidence from Mainland Prefecture-Level Cities in China," Land, MDPI, vol. 11(3), pages 1-15, February.
    3. Natalia Sánchez-Arrieta & Rafael A. González & Antonio Cañabate & Ferran Sabate, 2021. "Social Capital on Social Networking Sites: A Social Network Perspective," Sustainability, MDPI, vol. 13(9), pages 1-35, May.
    4. Wangshu Sun & Xu Sun, 2023. "Construction and Validation of a Social Stratification Scale: Cambridge Social Interaction and Stratification (CAMSIS) Scale for China in the 21st Century," SAGE Open, , vol. 13(4), pages 21582440231, December.

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