EAN: 9783656746188

Bilder-Quelle: discount24.de - Sport-Freizeit

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.

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29.03.2025 um 20:20 Uhr

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