Connection is a power: exploring the dynamic interaction between social and psychological capital in fostering innovative behavior

Abstract

Purpose

The investigation into the influence of psychological capital on innovative behavior has typically been grounded in self-efficacy theory. However, individuals with high self-efficacy may encounter obstacles such as overconfidence and reluctance to accept feedback, potentially hindering successful innovation outcomes. Acknowledging the significance of collaborative efforts among organizational members in promoting innovation success, this study aims to examine the association between psychological capital and innovative behavior, with particular attention to the mediating influence of social capital.

Design/methodology/approach

The data utilized in this study were obtained from 6,409 participants enrolled in the Independent Study program “Merdeka Belajar Kampus Merdeka” in 2022. Data collection employed an online survey approach, while data analysis was conducted using Structural Equation Modeling through the SEM-PLS application.

Findings

Social capital serves as a mediator in the relationship between psychological capital and innovative behavior. The results highlight the importance of understanding innovation as an outcome emerging from intricate interactions between psychological and social factors.

Originality/value

This investigation, utilizing social capital theory, furnishes preliminary empirical insights into the intermediary role of social capital between psychological capital and innovative behavior, thereby augmenting the scholarly discourse within this field and paving the way for further scholarly inquiry.

Citation

Hidayat, A.S., Nastiti, T. and Sitalaksmi, S. (2024), "Connection is a power: exploring the dynamic interaction between social and psychological capital in fostering innovative behavior", Journal of Management Development, Vol. 43 No. 5, pp. 755-768. https://doi.org/10.1108/JMD-11-2023-0341