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International Entrepreneurial Orientation and Sustainable Performance of Global Value Chain: The Moderating Roles of Social Capital
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국제기업가지향성과 GVC지속가능성과: 사회적자본의 조절효과를 중심으로

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Type
Academic journal
Author
Lee Jongtae (부산대학교) Eunmi Kim (부산대학교)
Journal
Korean Academy of International Business Management 국제경영리뷰 국제경영리뷰 제26권 제4호 KCI Accredited Journals
Published
2022.12
Pages
51 - 62 (12page)

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International Entrepreneurial Orientation and Sustainable Performance of Global Value Chain: The Moderating Roles of Social Capital
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With the recent emphasis placed on the Global Value Chain (GVC) in the field of international business, there has been growing attention for sustainable management encompassing not only the economic performance of firms participating in GVC activities but also their environmental and social performance. Presenting international entrepreneurial orientation as a leading factor in sustainable GVC performance, this study aims to investigate the effects of international entrepreneurial orientation on sustainable GVC performance. In addition, the purpose of this study is to examine the moderating effects of social capital, such as structural, relational, and cognitive capital, on the relationship between international entrepreneurial orientation and sustainable GVC performance. To this end, a survey was conducted with Korean manufacturing exporters in Pusan and South Gyeongsang regions, and hypotheses were verified based on the collected final 205 samples. As a result, it was confirmed that all the three sub-factors of international entrepreneurial orientation have positive effects on sustainable GVC performance. Additionally, among the social capital types, structural and cognitive capital showed significant and positive moderating effects on the relationship between international entrepreneurial orientation and sustainable GVC performance. This study have academic implications in expanding the leading factor of GVC performance focused on the network perspective to international entrepreneurial orientation and examining the moderating roles of social capital. This study also provides managerial implicatoins in suggesting that it is necessary for firms participating in GVC to take a strategic approach to achieving sustainable GVC performance through international entrepreneurial orientation and that positive effects of international entrepreneurial orientation on sustainable GVC performance can become greater when further utilizing social capital.

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