6. Conclusions
6.1 Relations to previous findings and concluding remarks
Current dynamic environments with hyper-competitive conditions make disruptive innovations indispensable to improved organizational performance (Dodds et al., 2003; Kocoglu et al., 2012; Lyytinen and Rose, 2003). Drawing on complexity science, we developed a conceptual framework to explain how social media, as emergent phenomena, help firms create business value, leveraging network effects and knowledge flows. Our results confirm that using social media establishes valuable connections that transform business models by changing the way different agents and organizations communicate. Such change, in turn, creates a vast array of new opportunities – internal and external – for firms (Aral et al., 2013). Promoting TKC in technological companies, social media thus promote organizational performance, directly and indirectly, through innovation capability.
Social media provide the source and distribution platforms that contribute to information transfer for continuous growing knowledge and enable a more participatory, interactive learning experience (Salem et al., 2017; Scott, 1991). Interactive learning experience enables combinative or cooperative competencies based on technological knowledge, which appears to result from the firm’s current store of information and know-how, learning capacity, and organizing and technological opportunities (Kogut and Zander, 1992; Tyler, 2001). In the field of technology, all of the foregoing helps to explain the role of TKC in information processing, communication, or trustworthiness, and the success of all three in fostering technological innovation (Henderson and Cockburn, 1994; Tyler, 2001).