Enhancing organizational performance with social media use: the catalysing effect of corporate entrepreneurship

Social Media use has become pervasive and firms are increasingly relying on it, not only to relate to customers, but also to leverage internal processes like innovation. The strategic use of these tools can facilitate also the entrepreneurial orientation of the firm, as it provides useful knowledge which can make the firm more entrepreneurial, stimulating it to find new opportunities or innovative ideas where other companies do not recognize them. However, despite the relevance of the phenomenon in current hyper-competitive environments, empirical research on the topic remains scarce. To shed some light on the issue, the main purpose of the paper is to examine how Social Media use impacts the different dimensions of corporate entrepreneurship (new business venturing, innovativeness, proactiveness and self-renewal), enhancing also organizational performance. The study is intended to extend knowledge on this topic, by providing understanding of the path firms should take to benefit from Social Media use to become more entrepreneurial and achieve higher organizational performance, developing and nurturing competitive advantages. The paper analyses data obtained from a sample of 201 technological firms located in Spain. The methodology used is Structural equation modelling with LISREL analysis. Findings confirms how the use of Social Media tools positively impacted all the different dimensions of corporate entrepreneurship, translating also in enhanced performance. This paper contributes to the literature by empirically confirming in a structural model how Social Media use helps to create business value, by enhancing proactive behaviours, promoting strategic renewal inside the firm and increasing innovativeness and new business venturing and displaying the internal and sequential relationships among these dimensions.Universidad de Málaga. Campus de Excelencia Internacional Andalucía Tec

Contactos Sociales y Orientación Estratégica: algunas implicaciones para la RSC

Las redes sociales de los directivos suelen tener un claro reflejo en las decisiones estratégicas que guían a la firma a la hora de actuar. Éstas proporcionan alternativas y ayudan a conformar los marcos de referencia que se utilizan en la toma de decisiones. Todo ello influye en el tipo de orientación estratégica de la organización y por tanto, en el nivel de responsabilidad social corporativa (RSC) que se desprende de las acciones directivas. Esto es debido a que los grupos de interés que forman parte de las mismas van a tener más probabilidades de ver cumplidas sus expectativas dependiendo del posicionamiento estratégico elegido finalmente por la empresa. Por todo esto, la propia estructura de la red que envuelve al directivo, que en este caso es estudiada desde dos de sus dimensiones, como son: la fortaleza (calidad) y la diversidad (cantidad) de los nexos que unen y conforman la red; puede condicionar definitivamente la orientación y el comportamiento estratégico y social de la organización. Cuanto mayor es el nivel de relaciones sociales, se suelen adoptar posicionamientos estratégicos más proactivos con mayor grado de desarrollo de ciertos principios de su RSC

Technological Antecedents of Entrepreneurship and its Consequences for Organizational Performance

Under conditions of rapid change, companies compete intensely to achieve competitive advantages. Through technology, they differentiate themselves from other companies to obtain a better market position. Decisions concerning technological variables are thus essential to a firm’s overall competitive strategy, positioning and emplacement. Our research analyses how top management support for technology and technology skills enables technology acquisition, integration and infrastructure in firms, influencing organizational performance through corporate entrepreneurship. The analysis is performed using Structural Equation Model with a sample of 201 Spanish technological firms. The results show that awareness of technological issues enables entrepreneurship in the firm.This research was supported by the Regional Government of Andalusia’s Project (Ref.: P11-SEJ-7988)

Business Intelligence: An Innovative Technological Way to Influence Corporate Entrepreneurship

Adaptation to dynamism and complex environments in today’s Knowledge Society is key for firms to survive and improve their positions. This paper applies business intelligence (BI) to the firm to shape its organizational design and improve its performance. The paper also relates business intelligence to organizational performance management through organizational learning (OL), knowledge management (KM) and the technological competencies of the company’s employees and managers. Theoretical study of the main current research serves as the basis for the development of several propositions to fill the gaps in knowledge of business intelligence. Finally, the paper presents conclusions about application of business intelligence in firms

Social Media Use, Corporate Entrepreneurship and Organizational Resilience: A Recipe for SMEs Success in a post-Covid Scenario

This work work was supported by projects from the University of Granada (Spain) [grant number: PP2022.PP.11]; the Andalusian Regional Government [grant number: P20_00568]; and the European Regional Development Fund [grant numbers: B-SEJ-042-UGR18, A-SEJ-192-UGR20].The strategic use of social media tools facilitates firms' entrepreneurial capabilities, enabling them to become more innovative, increasing their proactivity, and helping them to renew themselves internally. In today's turbulent landscape, organizational resilience has emerged as a key variable for responding to external challenges and facing uncertainty. In this context, our study aims to analyze the role of social media use as an antecedent of corporate entrepreneurship and firm performance in Spanish SMEs, while also examining the mediating role of organizational resilience in this process. Analyzing data from a sample of 259 firms, we tested our proposed hypotheses using structural equation modeling. The results confirm that use of social media tools positively impacts the entrepreneurial capabilities of the SMEs examined. The findings also stress the strategic relevance of organizational resilience, which exerts a perfect mediating impact on firm performance. These findings have significant implications for managers, as they show the path managers must take to benefit from social media use, become more entrepreneurial and resilient, and achieve business success in these turbulent times.University of Granada (Spain) PP2022.PP.11Andalusian Regional Government P20_00568European Regional Development Fund B-SEJ-042-UGR18, A-SEJ-192-UGR2

Do social networks and technological capabilities help knowledge management?

Dynamic capabilities are currently becoming an important extension of the theory of resources and capabilities that enables companies to adapt better in the current competitive environment. This paper examines how knowledge management, a dynamic function related to management or administration of a set of knowledge flows, develops thanks to the greater dynamism of social networks. It then shows how this relationship is especially strengthened by different technological capabilities. To achieve these goals, the paper examines the main tools that permit companies to develop an ability to achieve competitive advantage relative to the technological capabilities of managers and workers, social networks and knowledge management

How to encourage social entrepreneurship action? Using Web 2.0 technologies in higher education institutions

University students will be our future business leaders, and will have to address social problems caused by business by implementing solutions such as social entrepreneurship ventures. In order to facilitate the learning process that will foster social entrepreneurship, however, a more holistic pedagogy is needed. Based on learning theory, we propose that students’ social entrepreneurship actions will depend on their learning about CSR and their absorptive capacity. We propose that instructors and higher education institutions can enhance this absorptive capacity by exploiting Web 2.0 technologies. We tested our proposition with a sample of 425 university students using structural equation modeling and found support for the proposed relationships.This study was funded by the project from the Ministry of Economy, Industry y Competitivity ECO2017-88222-P, and by the Andalusian Government Project P11-SEJ-7988

Social media technologies: a waste of time or a good way to learn and improve technological competences?

Purpose – The purpose of this study is to deepen understanding of the effects of using social media technologies to acquire technological knowledge and organizational learning competences, of technological knowledge competences on organizational learning and finally of organizational learning on organizational performance. Design/methodology/approach – The study was performed by analyzing data from a sample of 197 technology firms located in Spain. The hypotheses were tested using a structural equations model with the program LISREL 8.80. Findings – This study’s conceptual framework is grounded in complexity theory – along with dynamic capabilities theory, which complements the resource-based view. The study contributes to the literature by proposing a model that reflects empirically how business ecosystems that use social media technologies enable the development of interorganizational and social collaboration networks that encourage learning and development of technological knowledge competences. Research limitations/implications – It would be interesting for future studies to consider other elements to conceptualize and measure social media technologies, including (among others) significance of the various tools used and strategic integration. The model might also analyze other sectors and another combination of variables. Practical implications – The results of this study have several managerial implications: developing social media technologies and interorganizational social collaboration networks not only enables the organizational learning process but also encourages technological knowledge competences. Through innovation processes, use of social media technologies also contributes to strengthening companies’ strategic positioning, which ultimately helps to improve firms’ organizational performance. Social implications – Since social media technologies drive information systems in contemporary society (because they enable interaction with numerous agents), the authors highlight the use of complexity theory to develop a conceptual framework. Originality/value – The study also deepens understanding of the connections by which new experiential learning contributes to the generation of coevolutionary adaptive business ecosystems and digital strategies that enable development of interorganizational and social collaborative networks through technological knowledge competences. Only after examining the impact of socialmedia technologies on organizational performance in prior literature, did the authors underscore that both quantity and frequency of social media technology use are positively related to improvement in knowledge processes that lead to employees’ creation and acquisition of new metaknowledge.Excellence Unit "Advanced Research in Economics and Business" of the University of Granada (Spain)Andalusian Regional Government B-SEJ-042-UGR18 A-SEJ-192-UGR20 P20_0056

Social media use and the challenge of complexity: evidence from the technology sector.

Social Media encourages networks in the complex and dynamic environment within which firms are immersed. The purpose of this study is to analyze the role and impact of Social Media on complexity variables and organizational performance. More specifically, we explore the presence of elements of “spontaneous order creation”: heterogeneous agents with motives to connect with each other, and their impact on innovativeness and dissipative structures. The research model was tested on a sample of 201 technology firms through Structural Equation Modelling (SEM). Our research contributes to extant literature by exploring the impact of digitally enabled networks (Social Media) on complexity dynamics through analysis of their influence on firm performance. We aim to advance explanation of how increasing complexity changes behavioral dynamics in complex ecosystems, and how information and Social Media can be used to cope with the new managerial challenges posed by increasing digital complexity.This work was supported by the Spanish Ministry of Economy, Industry, and Competitiveness within the framework of two projects: ECO2017-88222-P and B-SEJ-042-UGR18. Moreover, it was supported also with funds provided by the University of Malaga and Granada

El rol de los inversionistas, emisores, bancos, agencias calificadoras y reguladores en los debt capital markets

El mercado de bonos desempeña un rol importante como fuente de financiamiento y de inversión para los principales agentes que intervienen en el funcionamiento de una economía. Además, posee beneficios significativos para la mitigación de riesgos, como posibles descalces de monedas y de vencimiento. Predominantemente, ante crisis económicas internacionales, los agentes económicos sufren de estas exposiciones. En vista a ello, se torna fundamental el desarrollo de los mercados de bonos denominados en moneda local. Por ello, el presente trabajo muestra evidencia empírica sobre la relación directa de un marco regulatorio sólido y fortaleza institucional de ciertas economías en el desarrollo de un mercado de bonos en moneda doméstica. Asimismo, a través de la recopilación de data real del mercado de renta fija de algunos países, y revisada en este trabajo de investigación, se verifica que existen países subdesarrollados que no cuentan con un mercado de bonos amplio y, por lo tanto, padecen del “original sin”