EAN: 9783656746188

THE VALUE OF SOCIAL CAPITAL IN SUPPLY CHAINS - ...

Seminar paper from the year 2012 in the subject Economics - Finance  grade: 1 7  Maastricht
University (School of Business and Economics)  language: English  abstract: Since the
development of supply chain management  management and academic researcher have pointed out the
importance of social contacts  networks and relationships. Dense networks and loads of
relationships were considered as competitive advantage and departments introduced extra budgets
to invest in the relationships with any buyer or supplier to increase the social capital
between those companies to the maximum  assuming a linear relationship between social capital
and performance. However  the emphasis put on the bright side made companies blind for the
negative effects of social capital and the fact that the relationship not can be understood as
a linear function. This paper reviews selected pieces of literature on the topic of social
capital in order to assess the paradox existing around the concept of social capital by
studying how a buyer-supplier relationship can be affected positively as well as negatively by
social capital. Furthermore  the specific concept of lock-in situations in supply chains will
be explained and discussed.The first section discusses general definitions of social capital
and different interpretations of the concept. In two subsections  the positive and negative
aspects of social capital will be discussed. Afterwards  the next section will outline the
factors influencing the outcomes of social capital. Subsequently  the last section elaborates
on how to guard against the negative outcomes of social capital and how to deal with them if
they are inevitable. Finally  a conclusion will be drawn and the limitations are addressed.

Aktuelle Preise zur EAN 9783656746188

Produktinformationen zur 9783656746188