A Link between communities of practice and the world of social capital

Communities of practice (CoPs) highlight the personal foundation upon which relationships are formed, disregarding geographical, functional boundaries or unit constrictions, but instead by the tasks, contexts and work interests in action. It represents how individuals perform their jobs on daily basis contrary to the formal policies operated. CoPs are claimed to be effectual organisations for knowledge creation versus their former counterpart. The concept that facilitates the co-operation within groups; social capital allows access to the information and knowledge shared by others. An entity’s action is a critical part in understanding the dynamics of the exchange or combination of intellectual capital resulting in understanding organisational learning process. The purpose of the paper is to demonstrate the link between CoPs and social capital, in an attempt to justify why certain networks are more prosperous compared to others.