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社会资本对知识分享与群聚价值创造影响之研究The Influence of Social Capital on Knowledge Sharing and Value Creation in the Cluster: An Empirical Analysis of Hsinchu Science-based Industrial Park in TaiwanLin, Miao-Que（林妙雀）Professor, Department of International Trade and Finance,Fu-Jen Catholic U.twChiang, Yi-Fang（江宜芳）Master, Graduate Institute of Management,Fu-Jen Catholic U.twTseng, Li-Yu（曾丽玉）Master, Graduate Institute of International Business Administration,Chinese Culture U.twAbstractFacing the furious competition in the dynamic environment of globalization and growing market of WTO, both governments and industries are forced to reconsider their strategies in sustaining relentless competitiveness. The geographic location of a business usually plays a critical role in creating competitive advantages because such geographic concentration not only connects dispersed companies and institutions across vertical and horizontal boundaries, but also generate benefits of specialization, ease of procurement, diffusion of technology, and public policy support. Based on the cooperation and value network developed, companies are more likely to retrieve, exchange, integrate, internalize, and disseminate necessary resources and knowledge, which in turn contribute to superior productivity and innovativeness.Networks are the engines of knowledge creation and diffusion. Those studying cluster networking and knowledge management usually underline the importance and determinants of cluster economy that incorporate a diverse set of collaboration activities, community trust, knowledge transfer mechanisms, and interpersonal relationships. Though previous literature agrees the importance of social network in cluster effect, sparse researches examine the knowledge sharing and value creation from insights of social capital. Social capital is usually defined as an asset that exists in social relations and networks. Each actor of the network is expected to hold shared vision that signifies the collective goals and to share their knowledge based on trust and trustfulness without worrying to be hurt by the other parties behavior.Drawing from the past studies, this research intends to conceptualize the framework by employing concept of social capital that concludes bonding social capital, bridging social capital, and linking social capital as the independent variables, knowledge sharing as the mediator, and value creation in terms of productivity and innovativeness as the dependent variable. Besides, since Hsinchu Science-based Industrial Park (HSIP) in Taiwan is frequently cited for its miracle achievement amongst clusters in the world and the state-of-the-art technology of HSIP has enabled Taiwan to compete internationally, the knowledge activities and value creation in HSIP is quite worthy of studying. Therefore, we choose HSIP as the research sample and conduct SEM (Structural Equation Modeling) along with MLE (Maximum Likelihood Estimation) to test the hypotheses by examining the 133 effective questionnaires collected from HSIP firms.The outcome reveals a good overall fitness of the framework according to the indexes of Chi-square ratio (2.09), GFI (Goodness of Fit Index=0.95), AGFI (Adjusted Goodness of Fit Index=0.88), IFI (Incremental Fit Index=0.98), and RMR (Root Mean Square Residual=0.048). Besides, social capital is found to significantly influence knowledge sharing (path coefficient=0.63, t-value=5.70) and value creation (path coefficient=0.54, t-value=3.95), while knowledge sharing is confirmed to yield abundant productivity and innovativeness (path coefficient=0.24, t-value=1.97). In order to ensure the mediate role of knowledge