The Social Capital Capabilities of Halal Entrepreneurs: A Perspective of Innovative Entrepreneur Capabilities

This academic article aims to explain and analyzing the leverages, components, and strategies implemented in building halal entrepreneurs' social capabilities and sustainability, as well as to propose a model of effective halal entrepreneurship that can be used as a guideline to enhance potentials of halal entrepreneurs in the rapidly-changing environments. Mindfulness of being an innovative entrepreneur, it is implemented around several factors: social partnership, innovation process strategy, human resource networking, new markets seized from networking, and benefits and shared investment organization of demand. The theoretical framework is the Social Capital theory. Social capitals are regarded as social structures or organizations to develop living-standard quality and lead political development, economy, and society. All these factors are dependent on social capabilities of entrepreneurs, which relied on (1) the building of network capabilities, (2) creating knowledge and shared visions, (3) learning process and adaptation, and (4) social movements of innovation capabilities. The outcomes of the study suggested halal entrepreneurs to employ internal social capital capabilities, stable social capital capabilities, and dynamic social capital capabilities in operations. The halal entrepreneurs must recognize their own distinctive features from non-halal enterprises in order to create diversity and strengths among the networking members and eventually develop the innovative and sustainable organizations.