Novelty Conduits and Forms of Network Ties: To Bond or to Bridge?
There is ample, cross-disciplinary evidence suggesting that network ties are key to promoting novelty. However, the network paradigm in organization and management theory offers conflicting views on what types of inter organizational ties are most valuable for organizations that are pursuing novel outcomes. Drawing on the contingent view of social capital, this study disentangles the contribution of ÔbondingÕ and ÔbridgingÕ network ties in the context of two critical conduits of novelty: new ventures and technological change. Empirical findings from a meta-analysis of 351 effect sizes nested in 67 independent samples reveals a consistent pattern of network ties-performance variations. Focusing on a two-by-two matrix that encompasses distinct conduits of novelty-new ventures and technological change-and different levels of pressures for novel outcomes-low vs. high expectation-we found two ideal profiles of network ties-context. Bridging ties are the best fit for the population of new ventures that have low pressure related to technological change. By contrast, bonding ties are more valuable for established firms for which technological change requires competition for competitive advantage. Moreover, we uncovered a pair of suboptimal equifinal designs: bonding and bridging ties are equally beneficial for the performance of new ventures that face technology-intensive environments. Surprisingly, network ties are not significantly associated with performance of established firms in less technology-intensive environments, which are typically characterized by lower pressure for novel outcomes.
|Date of creation:||Dec 2013|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +39 0412348721
Fax: +39 0412348701
Web page: http://www.unive.it/dip.management
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Lee Fleming, 2001. "Recombinant Uncertainty in Technological Search," Management Science, INFORMS, vol. 47(1), pages 117-132, January.
- Thomas Hatzichronoglou, 1997. "Revision of the High-Technology Sector and Product Classification," OECD Science, Technology and Industry Working Papers 1997/2, OECD Publishing.
- Daniel A. Levinthal, 1997. "Adaptation on Rugged Landscapes," Management Science, INFORMS, vol. 43(7), pages 934-950, July.
- Hsu, David H., 2007. "Experienced entrepreneurial founders, organizational capital, and venture capital funding," Research Policy, Elsevier, vol. 36(5), pages 722-741, June.
- Harvey Goldstein & Min Yang & Rumana Omar & Rebecca Turner & Simon Thompson, 2000. "Meta-analysis using multilevel models with an application to the study of class size effects," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 49(3), pages 399-412.
- Thomas Dalziel & Richard J. Gentry & Michael Bowerman, 2011. "An Integrated Agency–Resource Dependence View of the Influence of Directors' Human and Relational Capital on Firms' R&D Spending," Journal of Management Studies, Wiley Blackwell, vol. 48, pages 1217-1242, 09.
- David Rindskopf, 1984. "Using phantom and imaginary latent variables to parameterize constraints in linear structural models," Psychometrika, Springer, vol. 49(1), pages 37-47, March.
- Shujun Zhang & Xinchun Li, 2008. "Managerial ties, firm resources, and performance of cluster firms," Asia Pacific Journal of Management, Springer, vol. 25(4), pages 615-633, December.
- Allen, Robert C., 1983. "Collective invention," Journal of Economic Behavior & Organization, Elsevier, vol. 4(1), pages 1-24, March.
- Bhagavatula, Suresh & Elfring, Tom & van Tilburg, Aad & van de Bunt, Gerhard G., 2010. "How social and human capital influence opportunity recognition and resource mobilization in India's handloom industry," Journal of Business Venturing, Elsevier, vol. 25(3), pages 245-260, May.
- Jasjit Singh & Lee Fleming, 2010. "Lone Inventors as Sources of Breakthroughs: Myth or Reality?," Management Science, INFORMS, vol. 56(1), pages 41-56, January.
- von Hippel, Eric, 1987. "Cooperation between rivals: Informal know-how trading," Research Policy, Elsevier, vol. 16(6), pages 291-302, December.
- Maurizio Sobrero & Edward B. Roberts, 2001. "The Trade-off Between Efficiency and Learning in Interorganizational Relationships for Product Development," Management Science, INFORMS, vol. 47(4), pages 493-511, April.
- Soh, Pek-Hooi, 2003. "The role of networking alliances in information acquisition and its implications for new product performance," Journal of Business Venturing, Elsevier, vol. 18(6), pages 727-744, November.
- Tsonaka, R. & Moustaki, I., 2007. "Parameter constraints in generalized linear latent variable models," Computational Statistics & Data Analysis, Elsevier, vol. 51(9), pages 4164-4177, May.
- Wolfgang Viechtbauer, . "Conducting Meta-Analyses in R with the metafor Package," Journal of Statistical Software, American Statistical Association, vol. 36(i03).
- Hoang, Ha & Antoncic, Bostjan, 2003. "Network-based research in entrepreneurship: A critical review," Journal of Business Venturing, Elsevier, vol. 18(2), pages 165-187, March.
- Batjargal, Bat, 2007. "Internet entrepreneurship: Social capital, human capital, and performance of Internet ventures in China," Research Policy, Elsevier, vol. 36(5), pages 605-618, June.
- Kwon, Seok-Woo & Arenius, Pia, 2010. "Nations of entrepreneurs: A social capital perspective," Journal of Business Venturing, Elsevier, vol. 25(3), pages 315-330, May.
- Jack, Sarah L., 2010. "Approaches to studying networks: Implications and outcomes," Journal of Business Venturing, Elsevier, vol. 25(1), pages 120-137, January.
When requesting a correction, please mention this item's handle: RePEc:vnm:wpdman:70. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marco LiCalzi)
If references are entirely missing, you can add them using this form.