![]() ![]() hanger, the authors question this assumption. hanger (1978) remains true today: that much of contemporary psychological research is based on the assumption that people are consciously and systematically processing incoming information in order to construe and interpret their world and to plan and engage in courses of action. ![]() We present a model that incorporates this overall argument in the form of a series of hypothesized relationships between different dimensions of social capital and the main mechanisms and proces.read more read lessĪbstract: What was noted by E. ![]() In this article we seek to contribute to this body of work by developing the following arguments: (1) social capital facilitates the creation of new intellectual capital (2) organizations, as institutional settings, are conducive to the development of high levels of social capital and (3) it is because of their more dense social capital that firms, within certain limits, have an advantage over markets in creating and sharing intellectual capital. ![]() Typically, researchers see such organizational advantage as accruing from the particular capabilities organizations have for creating and sharing knowledge. Abstract: Scholars of the theory of the firm have begun to emphasize the sources and conditions of what has been described as “the organizational advantage,” rather than focus on the causes and consequences of market failure. ![]()
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