International Journal in Management & Social Science
Year : 2015, Volume : 3, Issue : 7
First page : ( 384) Last page : ( 398)
Online ISSN : 2321-1784.

The Role of social capital accumulation in employees’ tendency toward innovation: (A case study of Knowledge-Based companies)

Ghajari Somaye, Ameri Mohsen, Hazrati Banafshe, Khorasani Azam

Naragh branch, Islamic Azad University (IAU), Arak, Iran

Online published on 22 June, 2018.

Abstract

In today's dynamic business, the issue of innovation is raised increasingly due to the emergence of three major trends including intense international competition, discrete markets and changing technology. These trends have attracted the attention of scholars in business area to search the concept of social capital as a critical factor in promoting performance level of organization and creating innovation based competitive advantage. However, few research has done to investigate the organizational social capital along with organizational innovation; therefore, this study aims to investigate the role of organizational social capital and its dimensions in tendency toward organizational innovation as well as determine the relative share of these dimensions in predicting the tendency toward innovation in knowledge-based companies. Method is descriptive-correlation study and the statistical population includes the employees of knowledge-based companies in Science and Technology Park of Tehran University. To analyze data, correlation analysis and step to step regression analysis were used. The result of this study indicates the effective and significant role of organizational social capital and its components in tendency toward organizational innovation. In other words, the more capital social increases, the more tendency toward innovation will be increased. Also, the dimensions of social capital including cooperation relationships, trust and mutual understanding can be a good predictor of tendency toward innovation in organization.

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