• Title, Summary, Keyword: Intellectual capital

Search Result 121, Processing Time 0.029 seconds

Intellectual Capital: A Review from the Literature

  • Rahman, Md. Musfiqur;Khatun, Naima
    • The Journal of Industrial Distribution & Business
    • /
    • v.7 no.4
    • /
    • pp.5-9
    • /
    • 2016
  • Purpose - The purpose of this paper is to get a clear concept about intellectual capital and reports on intellectual capital in different entities based on the literature review. Research design, data, and methodology - This study was mainly written in a way of descriptive research. The current studies deal with the theoretical and reporting aspects on intellectual capital. Thus, this research is developed on the basis of previous descriptive and empirical research papers. Results - This study finds that intellectual capital is the combination of human capital, structural capital and relational capital but there is no unique measurement system or process to define intellectual capital. The findings also indicates that the measurement for intellectual capital varies based on the measurement process, time period, firms, industries and country to country perspectives. It can be also observed that firms have the tendency not to disclose the intellectual capital information. Conclusions - This study recommends that intellectual capital should be presented in a fixed format and human, relational and structural capital should be included as intellectual capital. Additionally, it suggests that mandatory requirement of legislation, effective corporate governance mechanism and stock exchange listing requirement might increase the quality of intellectual reporting.

The Effects of Strategic Orientation on Intellectual Capital and Firm Performance (전략적지향성이 지적자본과 기업성과에 미치는 영향)

  • Moon, Young Baek;Kim, Sang Hyun
    • Knowledge Management Research
    • /
    • v.13 no.5
    • /
    • pp.15-41
    • /
    • 2012
  • Recently, there has been increasing interests on strategic orientation and intellectual capital as measures of competitiveness and their impacts on firm performance. However, there was little research which verify empirically the relationships among strategic orientation, intellectual capital and firm peformance. This research scrutinizes the effects of strategic orientaion on intellectual capital and firm performance. Based on literature review, research model and hypotheses are developed and empirically tested. The results are as follows. First, market orientaion and entrepreneurial orientation have positive effects on human capital, structural capital and customer capital which compose intellectual capital. Second, market orientaion and entrepreneurial orientation do not influence firm performance directly, but indirectly influence firm performace via intellectual capital. Third, the hypothesis about the relationship between intellectual capital and firm performacne is partially accepted. Only customer capital affects firm performance. Discussions and implications are followed.

  • PDF

The Impact of Intellectual Capital on Firm Performance: An Empirical Study (지적자본이 기업의 성과에 미치는 영향에 관한 실증적 연구)

  • Kym, Hyogun;Kang, Youn-Sun;Jeong, Seong-Hwi
    • Knowledge Management Research
    • /
    • v.4 no.1
    • /
    • pp.35-54
    • /
    • 2003
  • Most of the existing studies on intellectual capital have focused on categorizing and measuring intellectual capital. In this study, the components of intellectual capital have been termed individual capital, organization capital, and relation capital, and the relations among these components as well their effects on other components have been examined. Thus, the indices of intellectual capital have been measured, hypotheses formed, and data collected from 62 knowledge-based companies. The results confirm some of the hypotheses. In all the companies that replied, individual capital was positively related to organization capital and organization capital was positively related to relation capital. The hypothesis that relation capital is positively related to performance, therefore, could be accepted. In the knowledge-based companies, the results were similar to the previous ones, but individual capital was not related to relation capital.

  • PDF

A Study on Intellectual Capital Measuring Model (지적자본(知的資本) 측정모형(測定模型)에 관한 연구(硏究))

  • Lee, Eui-Hyun;Chun, Myung-Sup
    • Journal of Industrial Convergence
    • /
    • v.3 no.1
    • /
    • pp.145-168
    • /
    • 2005
  • This study on intellectual capital which is in spotlight as an important factor has meaning that it provides information on intellectual capital to interested parties(stockholders, employers, employees, customers, etc.), suggests intellectual capital measurement indices for strategic management of human resources, and presents intellectual capital management process which is useful in companies practically by designing and verifying intellectual capital measurement models for effective management of intellectual capital.

  • PDF

Effects of Social Capital on Organizational Performance in Hospital Organization - Focusing on Effects of Intellectual Capital - (간호사가 지각한 병원조직의 사회적 자본이 조직성과에 미치는 영향 - 지적자본에 의한 효과를 중심으로 -)

  • Jang, Keum-Seong;Kim, Eun-A;Oh, Suk-Hee
    • Journal of Korean Academy of Nursing Administration
    • /
    • v.17 no.1
    • /
    • pp.22-32
    • /
    • 2011
  • Purpose: The purpose of this study was to identify the effects of intellectual capital in the relationship between social capital and organizational performance in hospital organizations. Methods: A cross-sectional design was used, with a convenience sample of 390 nurses from 3 general hospitals in Gwangju and Chonnam province. Data were collected through a questionnaire survey done from May 1 to 15, 2009. Data was analyzed with descriptive statistics, Pearson correlation coefficient and hierarchial multiple regression using the SPSS WIN 17.0 program. Results: There was a significantly positive relationship between social capital, intellectual capital and organizational performance. Intellectual capital showed partial mediating effects between social capital and organizational performance. However, intellectual capital did not show moderating effects. Conclusion: Accumulated social capital increased intellectual capital and the increased intellectual capital increased organizational performance. This finding suggests that as a contribution to the improvement of organizational performance in hospitals, creation and accumulation of social capital and intellectual capital are very critical.

The Influence of Intellectual Capital Elements on Company Performance

  • EKANINGRUM, Yulliana
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.1
    • /
    • pp.257-269
    • /
    • 2021
  • Intellectual capital is becoming a crucial factor for a firm's long-term profit and performance in the knowledge-based economy as more firms identify their core competence as invisible assets rather than visible assets (Itami, 1987). The company was encouraged to measure financial and non-financial factors, including the customer perspective groups, the internal business process, learning and growth perspective, then to link all these measurements in a coherent system. This paper seeks to investigate the influence of intellectual capital elements on company performance, as well as the relationship among intellectual capital elements from a cause-effect perspective. Resource-Based View (RBV) considers intellectual capital as resource and capability to sustain competitive advantage on company performance. The partial least squares approach is used to examine listed banks in Indonesia Stock Exchange for year 2017-2019. Results show that human capital directly has positive influences on innovation capital, customer capital, and process capital. Innovation capital has positive, but less significant influence on process capital, which in turn influences customer capital. Human capital and process capital also influence customer capital. Finally, customer capital contributes to performance. This study helps management to identify relevant intellectual capital elements as competitive advantage and their indicators to enhance business performance.

Creation of Intellectual Capital in Hospital Organizations and Factors Influencing Creation of Intellectual Capital (임상간호사가 지각한 병원조직의 새로운 지적자본 창출 능력 영향요인)

  • Jang, Keum-Seong;Kim, Eun-A;Kim, Min-Soo;Sim, Jae-Yeun;Park, Hyun-Young
    • Journal of Korean Academy of Nursing Administration
    • /
    • v.18 no.1
    • /
    • pp.46-55
    • /
    • 2012
  • Purpose: This study was designed to identify creation of intellectual capital and factors influencing the creation of intellectual capital in hospital organizations. Methods: A cross-sectional design was used, with a convenience sample of 300 nurses from three general hospitals in Gwangju and South Cholla province. The tools used for this study were scales measuring creation of intellectual capital (8 items), social capital (20 items), knowledge management (8 items). Data was analyzed with descriptive statistics, Pearson's correlation coefficient and regression using the SPSS WIN 18.0 program. Results: There were significantly positive relationships between social capital and knowledge management with creation of intellectual capital. The mean score for creation of intellectual capital in hospital organizations was 4.59 points. Factors influencing creation of intellectual capital in hospital organization were identified as knowledge management (${\beta}$=.625), shared values & action (${\beta}$=.166), and participation in civic activities (${\beta}$=.118). These factors explained 59.3% of the variance in creation of intellectual capital in hospital organizations. Conclusion: The results indicate which factors are major factors influencing creation of intellectual capital and therefore, serve as predictors of creation of intellectual capital in hospital organizations.

Impact of Social Capital on the Intellectual Capital & Innovation Activities of China Local Companies (중국현지기업의 사회자본이 지적자본과 기업의 혁신활동에 미치는 영향)

  • Shin, Taeksoo;Cui, Zhongjun
    • Knowledge Management Research
    • /
    • v.15 no.3
    • /
    • pp.67-93
    • /
    • 2014
  • The social capital of an organization is recognized as the origin of the knowledge capital creation, and it becomes the mechanisms which explain the interaction of members or which accelerate the behavior of the members to attain the goal of an organization (Park, 2001; Jang et al., 2011). Lots of researches show that this causal relationship empirically exists. Social capital and knowledge capital of an organization are one of the most important competitive advantages that a company needs. They are also the main dynamic drivers of the innovation activity. This study analyzes the relationship and examines the impact and role of an organization's social capital on intellectual capital and innovation activities in an organization. In other words, the main purpose of this study is to analyze the impact of social capital on the intellectual capital and innovation activities of, in particular, China local companies. This study empirically analyzed the survey data collected from the employees of the companies located in China. Our empirical results of this study showed that social capital has significantly causal effects on intellectual capital partially and also showed the intellectual capital has significantly positive effects on the innovation activities partially.

  • PDF

Examining the relationship between Intellectual Capital and Innovation Performance: The Role of IT-enabled Dynamic Capabilities (지적자본이 혁신성과에 미치는 영향: 정보기술 기반의 동적능력을 중심으로)

  • An, Kyungmin;Lee, Young-Chan
    • Knowledge Management Research
    • /
    • v.20 no.4
    • /
    • pp.1-22
    • /
    • 2019
  • The purpose of this study is to investigate the role of IT-enabled dynamic capability in the relationship between intellectual capital and innovation performance under Industry 4.0. We approach the intellectual capital from the perspective of the resource-based view and define the components of intellectual capital as human capital, social capital, and organizational capital. On the other hand, the IT-based dynamic capability means that the information technology and the utilization ability of the enterprise are combined to overcome the turbulent environment. The empirical results showed that the IT-enabled dynamic capabilities mediated the relationship between intellectual capital and innovation performance as it revealed in theory. And in terms of practical implications, we found the importance of an organization's information technology ability to effectively utilize intangible resources for organizational performance.

An Exploratory Research on Intellectual Capital Management: Case Study for A Research Institute (지적자본경영 전망에 관한 탐색적 연구: A연구원 사례를 중심으로)

  • Kim, Su Jung;Kim, Seung Chul
    • Knowledge Management Research
    • /
    • v.12 no.4
    • /
    • pp.91-119
    • /
    • 2011
  • Compared to the industrial society, the knowledge-based economy of the 21st century has placed importance on intellectual capital as a sustainable competitive advantage of an organization. The ownership, creation, and interaction of intellectual capital is emerging as the main challenges of the management and, moreover, it might extend to the issue of intellectual capital management. This research found that the exploitation and sharing of knowledge was more efficient in a networked organization through a case study for A research institute, which attempted intellectual capital management domestically for the first time. The contribution of this exploratory research is to suggest new perspectives on the ownership of intangible asset, the evaluation of knowledge-based product, and the competitive advantage and complementarity of an organization in the knowledge-based economy. The limitation is that this research is just exploratory due to the inaccessibility of data. If the intellectual capital management would be more common, the diverse researches should be empirically carried out.

  • PDF