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The Effect of Social Capital in Buyer-Supplier Relationships on the Supply Chain Exchange Process and Performance
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구매자-공급자간의 사회적 자본이 공급사슬의 교환 프로세스와성과에 미치는 영향: 한국의 사회적 경제조직을 중심으로

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Type
Academic journal
Author
Journal
한국생산관리학회 한국생산관리학회지 한국생산관리학회지 제27권 제1호 KCI Accredited Journals
Published
2016.1
Pages
103 - 126 (24page)

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The Effect of Social Capital in Buyer-Supplier Relationships on the Supply Chain Exchange Process and Performance
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Recently, studies on effective supply chain management are finding methods to bring innovation to the supply chain from social capital, which enables the optimal positioning of resources through exchanges and allocations. Despite the attention, the factors which are actually being exchanged, how they are exchanged within buyer-supplier relationships, and how social capital contributes to the exchange is not well understood. Therefore, this study develops a model linking the social capital formed within a buyer-supplier relationship to the supply chain performance, its interactions, and the exchange process of the supply chain. Firstly, this study evaluates how social capital of BSRs in its cognitive, relational, and structural form contributes to the exchange process of the supply chain. Secondly, this study tests how the exchange processes, both relational exchange and resource exchange, contribute to supply chain performance. Further, we applied PLS-SEM methods on the data provided by a survey of 100 social enterprise purchasing managers in Korea. The results show that cognitive and structural capital contributes to both exchange processes of the supply chain. However, relational capital only affects relational exchange. Also, relational exchange contributes to supply chain performance where resource exchange does not. This study extends the supply chain management and inter-organizational social capital literature and suggests important implications for both research and practice.

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