This Study Addresses this Gap by Examining how Social Ties : A Part from The Book Chapter : Organizational Resilience, Innovation and Firm Performance in Hospitality Industry in Ghana: Moderating Roles of Social Ties

In the contemporary business environment, organizations grapple with the imperative of resilience and innovation to navigate dynamic challenges. While existing research emphasizes the significance of organizational resilience and innovation for sustained success, a crucial aspect often overlooked is the potential moderating influence of social ties. This study addresses this gap by examining how social ties, encompassing networks and relationships within and outside the organization, might influence the intricate relationships between organizational resilience, innovation, and firm performance. Making is imperative to examine the role of social ties in moderating this relationship. Social ties, such as networks and relationships with customers, suppliers, and other stakeholders, are significant in facilitating organizational resilience. The rationale for this investigation lies in the changing business landscape where organizations must not only withstand disruptions but also drive innovation for long-term viability. Despite the acknowledged importance of resilience and innovation, the social dynamics, specifically the role of social ties, remain understudied. Recognizing the interconnectedness of these variables, this study aims to provide insights into how social ties can either facilitate or hinder organizational resilience and innovation, ultimately impacting overall firm performance.

Author(s) Details:

Lydia Asare-Kyire,
Department of Entrepreneurship and Finance, Kumasi Technical University, Ghana.

Owusu Ackah,
Jayee University College, Ghana.

Charles Akomea Bonsu,
Department of Entrepreneurship and Finance, Kumasi Technical University, Ghana.

William Ansah Appienti,
Department of Entrepreneurship and Finance, Kumasi Technical University, Ghana.

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