The Mediating Effect of Cognitive Social Capital on Knowledge Acquisition in Clustered Firms

Abstract

This paper analyzes the role played by the cognitive dimension of social capital on knowledge acquisition in clustered firms. We have applied a structural model to an empirical survey of the Spanish footwear industry. Findings detect a significant indirect effect of the district membership on knowledge acquisition through cognitive social capital development. In contrast with the assumption of direct and free access to common knowledge in territorial agglomerations, findings suggested that knowledge access depends on the capacity of the firms to share visions, goals, values, and culture with other actors in the local neighborhood. The social capital perspective provides a solid base to explain heterogeneity among firm members in the industrial district in order to access common knowledge and capacities. Findings suggested that institutions involved in a district must favour efforts to boost the collective representation as well as common goals and vision.