Information processing and strategic decision-making in small and medium-sized enterprises: The role of human and social capital in attaining decision effectiveness
By R. Jansen, Petru Lucian Curseu, P. Vermeulen, Jacques Geurts, P. Gibcus. 2013
133 citations recorded by the source corpus.
The decision-making literature emphasizes that in high-stake decisions the characteristics of individual decision-makers, their interpretation of decision situations, and their social ties play an important role in decision outcomes. Despite these results, research on small- and medium-sized enterprises has only partially covered these influences. In a sample of 565 small-business owners, this study identifies the extent to which these characteristics and social ties affect decision effectiveness and the extent to which their impact is mediated by evaluative judgements of the decision situation. Our results suggest that the interplay between human capital and social capital affects decision outcomes via evaluative judgments and this effect is moderated by decision content, in such a way that depending on decision content (internal versus external focus) entrepreneurial experience and the breadth of social capital are either assets or liabilities for decision effectiveness.
Subfields: Accounting, Management of Technology and Innovation, Sociology and Political Science
View Paper: https://www.semanticscholar.org/paper/b398d2737fc4903ad0e242de84357cdc4a9cb060
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In Accounting
In Management of Technology and Innovation
In Sociology and Political Science
Citations in the corpus
- The Negative Effects of Social Capital in Organizations: A Review and Extension (2017, unknown): “Jansen et al. (2013) 565 Dutch small-business Further clarifies the role of social capital in strategic decision There is a trade-off between the level N/A owners, spanning 7 sectors making in SMEs, from an information processing of central decision makers’ perspective. experience and breadth of…”
- Decision mode, information and network attachment in the internationalization of SMEs: A configurational and contingency analysis (2014, background): “This paper responds to the call for research to explore configurational approaches to decision-making in SMEs (Jansen et al., 2013).”