The organisation’s ability to identify, assimilate, transform, and use external information, scientific and technological knowledge, as well as other practices and kinds of knowledge existing outside of the organization and enabling it to learn.
Published in Chapter:
Contribution of Social Capital to Innovation: The Mediating Role of Knowledge Embedded in Social Networks
Mustapha Bengrich (University of Ibn Zohr, Agadir, Morocco), Adil Azzahidi (University of Ibn Zohr, Agadir, Morocco), and Amina Omrane (FSEG, Sfax, Tunisia & ECTSRA, IHEC, Carthage, Tunisia)
Copyright: © 2020
|Pages: 23
DOI: 10.4018/978-1-7998-3142-6.ch009
Abstract
In today's uncertain environment, companies should develop solutions to meet the global competition trends and the rapidly changing customer demands. In fact, to gain a competitive advantage, organizations should be equipped with knowledge, which is considered as an essential resource, rather than with traditional resources, such as durable assets or material/technical resources. In other words, investing in intangible assets that are difficult to imitate, such as social capital, promotes dissemination and exchange of accessible knowledge used by organizations. Such knowledge management processes enable firms to enhance their capacity of innovation as well as their creativity skills. The objective is therefore to develop a literature review that helps enrich and in-depth understanding the dynamics of social capital within an industrial cluster (i.e., a common geographical area).