4.7 Article

Exploring the role of social capital mechanisms in cooperative resilience

Journal

JOURNAL OF BUSINESS RESEARCH
Volume 143, Issue -, Pages 375-386

Publisher

ELSEVIER SCIENCE INC
DOI: 10.1016/j.jbusres.2022.01.026

Keywords

Cooperatives; Social capital; Resilience; Grounded theory

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This research contributes to the understanding of cooperative resilience by examining how social foundations can facilitate the assembly of resilience capabilities, shedding light on social capital mechanisms that underlie diverse sets of resilience capabilities in cooperatives.
We contribute to research on cooperative resilience by examining how their main advantage of social founda-tions may facilitate the assembly of resilience capabilities. Drawing from the social capital literature, we focus on the strategies and activities of a nationally known rural cooperative in Indonesia to reveal social capital mechanisms, specifically channeling and targeting social capital, that underlie diverse sets of resilience capa-bilities. By conceptualizing cooperative resilience according to cooperatives' dual objectives of economic and social viability, we build an empirically grounded framework that encompasses social capital-driven mechanisms that underlie cooperative resilience. Economically, strengthening social capital (channeling) may result in organizational transparency and collaborative work, while widening social networks (targeting) develops ve-locity and flexibility. Socially, both mechanisms lead to the emergence of individual-level resilience capabilities. Our study informs business research on resilience by conceptualizing it in the context of cooperatives and shedding light on its underlying social capital-driven mechanisms

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