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- Title
Social capital and development of an enterprise.
- Authors
Wyrwa, Joanna
- Abstract
The enterprise is presently perceived as a source of social capital development. The development of social capital within an enterprise is visible through the increase of level of potential of its dimensions, e.g. increase of the level of trust in interpersonal contacts, striking a bigger number of close contacts with coworkers, or developing by the employees' new capabilities and competencies. Modern enterprises are no longer competing only through traditional, i.e. hard means of production, presently they concentrate also on intangible resources, among which, social capital is becoming an important source of value creation. Modern management of economic organizations puts growing emphasis on the ability to join, balance and adjust tangible and intangible assets, including broadening and developing social capital, relevant from the point of view of effective cooperation and realization of different economic goals. The ability to enterprises to create and broaden intellectual resources, including social capital, as well as appropriate relational and social links, has decisive relevance for generating unique competencies, especially precious for the maintenance of lasting competitive advantage. It is in this article that the key issues of social capital in enterprises are presented with the use of a critical review of the literature on this subject. It is a new and simultaneously very topical issue that is reflected in numerous theoretical and empirical studies published in the world literature over the last years. The aim of this article is to present the concept of social capital by taking into account the influence of this capital on functioning of an enterprise.
- Subjects
POLAND; INFRASTRUCTURE (Economics); BUSINESS development; ECONOMIC development; SOCIOECONOMICS; ORGANIZATIONAL change; INDUSTRIAL cooperation
- Publication
Management (1429-9321), 2014, Vol 18, Issue 1, p280
- ISSN
1429-9321
- Publication type
Article
- DOI
10.2478/manment-2014-0021