Title

Social capital and the social context of business networks: The case of Thailand

Document Type

Book Chapter

Publisher

Chandos Publishing

Place of Publication

Cambridge, MA

Editor(s)

Nolan, J., Rowley, C., & Warner, M.

School

School of Business and Law

RAS ID

23046

Comments

Originally published as: Susomrith, P., & Suseno, Y. (2017). Social capital and the social context of business networks: The case of Thailand. In J. Nolan, C. Rowley, & M. Warner (Eds.), Business networks in East Asian capitalisms: Enduring trends, emerging patterns (pp. 269-288). Cambridge, MA: Chandos Publishing. Original chapter available here

Abstract

This study explores the nature of social context that facilitates how social capital is developed, utilised, and maintained in the case of Thailand. Like many of its neighbouring countries, Thailand’s businesses function is an environment dominated by complex networks encompassing social and business interactions. The extent of this interweaving of social and business networks is far beyond that experienced in Western cultures and only recently attracted the attention of researchers. Thailand’s business networks are shaped as a result of the nation’s cultural characteristics, such as collectivism, Buddhism philosophy, particularism, reluctance to change, relationship orientation, and hierarchical structure. These characteristics enable the creation, utilisation, and maintenance of structural, relational, and cognitive social capital.

DOI

10.1016/b978-0-08-100639-9.00012-8

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