• Title/Summary/Keyword: Intellectual capital

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Alternative Causal Relationship among Components of Intellectual Capital in Korean Public R&D Organizations (공공연구기관의 지적자본 측정 및 인과관계 연구)

  • Kang, Dae Seok;Jeon, Byoung Hoon;Kim, Nung Jin
    • Knowledge Management Research
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    • v.13 no.4
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    • pp.55-69
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    • 2012
  • This paper developed measurement indices for intellectual capital of public R&D organizations and investigated causal relationships among the components. We developed 10 measurement factors and 37 indicators and confirmed the reliability of these measurements. We offered an alternative to the existing model for searching causal relationships. From our survey research, using the structural equation model, we found a new relationship. In contrast to the existing model, we found a cycling relationship among three variables: human capital causes structural capital, structural capital causes relational capital, and relational capital causes human capital.

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A Case Study on the Assessment Method for Quality Circle as Knowledge Activity (지적 활동으로서의 분임조 활동의 평가방법에 관한 사례연구)

  • 유한주;김미현
    • Journal of Korean Society for Quality Management
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    • v.31 no.4
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    • pp.117-126
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    • 2003
  • In order to maximize the effect of TQM in the Korean industry, quality circle activity as a bottom­up management should be expanded and revitalized. Quality circle activity can be regarded as a kind of knowledge activity where new knowledge is created and knowledge is shared in the economy. This paper proposes new metrics of intangible effect as knowledge assessment focusing on the intellectual capital aspect of quality circle activity, that may be useful for revitalizing quality circle activity from viewpoints not only of financial effect but also of intellectual capital aspect. New metrics of intangible effect consist of two factors: the intellectual capital effect and the intellectual maturity effect. In order to test the validity of new metrics, a case study of 11 companies was done. The result of the case study is that two factors as an intangible effect of quality circle activity should be evaluated to identify the total effect of quality circle activity correctly.

Effect of Organizational Culture Perception on Job Performance of Welfare Centers Workers for the Disabled: Testing of Mediation Effect of Intellectual Capital (장애인복지관 종사자의 조직문화 인식이 직무성과에 미치는 영향: 지적자본의 매개효과 검증)

  • Oh, Jae-Won
    • The Journal of the Korea Contents Association
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    • v.12 no.10
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    • pp.205-215
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    • 2012
  • The purpose of this study is to investigate whether organizational culture perception affect the intellectual capital and job performance. And the empirical analysis on the mediation effect of intellectual capital between organizational culture and job performance is done. Result of the analysis is as follows. First of all, development culture has a negative relationship with job performance. Secondly, group culture has a positive relationship with intellectual capital. Thirdly, as for the mediation relationship of intellectual capital between organizational culture and job performance, there is a partial mediation effect in the relationship between development culture and job performance, and a complete mediation effect between group culture and job performance. Those analysis results suggests that welfare centers workers for the disabled in organizational culture perception should be taken considerations on various measures utilizing intellectual capital to improve job performance.

The Impact of Intellectual Capital Efficiency on Jordanian Companies Performance: The Moderating Roles of CEO Duality

  • ABDELGHAFOUR JOS, Rawan;MAT HUSIN, Norhayati;ISMAIL HYARAT, Hamza
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.10
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    • pp.85-96
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    • 2022
  • CEO duality and its impact on firm performance represent one of the most contentious issues in both academia and business. This study, therefore, aims to examine the moderating role of CEO duality in the relationship between intellectual capital Efficiency (human, structural, relational, Capital Employed, and Innovation) and firm performance (earnings per share and Tobin's Q) among Jordanian companies. The study sample consists of services listed companies on Amman Stock Exchange. The study used panel data for the period 2014-2018 with a sample size of 230 observations. SPSS software was used to analyze the collected data. The regression results indicate a significant relationship between, IC and firm performance. When CEO Duality is incorporated into the model as a moderator, there is an increase in the R2 by 7.9%. The findings from this study expand the theoretical underpinning of corporate governance research by identifying the performance implications of CEO duality within the Jordanian context. It also contributes significantly to the literature review about the current status of the practices taken in the intellectual capital components efficiency among companies listed on the Amman Stock Exchange. Findings from this study also provide contributions to the concerned policymakers such as the Ministry of Finance, Securities Commission, and Amman Stock Exchange in Jordan, to improve the current policies related to intellectual capital efficiency.

The Trickle-Down Effect of Intellectual Capital on Banks' Macro Performance in Indonesia

  • WAHAB, Abdul;ABBAS, Nurhasnah;SYARIATI, Alim;SYARIATI, Namla Elfa
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.703-710
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    • 2020
  • The stock market serves as a representation of economic well-being in a country. Along with the myriad of economic predictors, specific knowledge possession may lead to different macro consequences of stock performance and market value. This study empirically investigates the capacity of possessing excellent intellectual capital to increase the performance and values of listed banks in Indonesia. The selection of banks as the primary data represents such sectors' capability to attract, employ, or exploit the excellent internal capacity under the discussion of resource-based view theory. At best to the authors' knowledge, this topic's findings are still elusive and debatable upon considering the direct and indirect relationships between the proposed exogenous and endogenous variables. Eighteen listed banks form the panel data throughout 2011-2016. This study employs a path analysis and Sobel test to obtain the results of the proposed hypothesis. The results report some positive relationships of the intellectual capital to firms' performances and values, directly and indirectly, with a substantial effect on the second model compared to the first model. This study highlighted knowledge's capacity as a vital basis to gauge the banks' performance and valuation. However, a better formulation of intellectual capital is required to capture a better measurement.

The Effect of Intellectual Capital and Financial Services Knowledge on Financial Inclusion

  • ILAHIYAH, Mar'a Elthaf;SOEWARNO, Noorlailie;JAYA, I Made Laut Mertha
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.247-255
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    • 2021
  • The study aims to determine the influence of intellectual capital and education on public financial services in increasing financial inclusion. This study applied a survey technique by selecting respondents according to the purposive sampling method. The number of respondents in this study was 500 people and came from various regions in Indonesia. Data analysis was performed using Structural Equation Modeling (SEM) techniques. The results indicate that intellectual capital has a positive effect on financial inclusion. Conversely, education about public financial services has no influence in increasing financial inclusion. The results of this study indicate that the success of financial inclusion programs in Indonesia is caused more by the role of public intellectual capital. Studies show that the public does not have the courage to be involved in banking institutions because the image of this institution tends to be inflexible in its operations. The results of this study are expected to make a real contribution, especially for the government and banks, that in order to achieve the success of the financial inclusion program in Indonesia; the related parties should educate the public directly to citizens who have not been reached by banking services continuously and with a more down to earth approach.

Organization Behavior, Intellectual Capital, and Performance: A Case Study of Microfinance Institutions in Indonesia

  • MAHAPUTRA, I Nyoman Kusuma Adnyana;WIAGUSTINI, Ni Luh Putu;YADNYANA, I Ketut;ARTINI, Ni Luh Gede Sri
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.549-561
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    • 2021
  • This study aims to identify the role of organizational behavior and intellectual capital on risk management implementation and Village Credit Institutions (called LPD) performance. The LPD population is 1,256 units spread across nine districts/cities in Bali. This research was conducted at the LPD as the only microfinance institution based on local wisdom in traditional villages in Bali Province, Indonesia. Based on sampling using the Slovin method, there were 139 LPD as sampled in this study. The respondent in this study was the Head of the LPD. LPD performance measurement is using the balanced scorecard method that combines financial and non-financial aspects. This study also investigates risk management's role as a mediator in the relationship between organizational behavior and intellectual capital on the LPD performance. Methods of data collection using a survey. The questionnaire was given to 139 LPD chairman who was respondents in this survey. The data analysis technique used SEM-PLS. This study succeeded in confirming Resource-Based View Theory that organizational behavior and intellectual capital affect risk management and organization performance. These results also prove risk management's role as a mediation for the relationship between organizational behavior and intellectual capital on organizational performance.

The Role of Intellectual Capital in the Development of Financial Technology in the New Normal Period in Indonesia

  • HARIYONO, Anwar;TJAHJADI, Bambang
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.217-224
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    • 2021
  • This research seeks to determine what intellectual capital represented by indicators of conceptual skills, human skills, and technical skills plays a role in the development of financial technology. The consideration of fintech is more practical and economical. The concept of fintech is related to the rapid development of global technology by creating various new technologies, especially computer technology. This research uses secondary data; the population of this study is the top management companies in Indonesia during the new normal era. The sample in this research used a purposive sampling method, and the quantitative method. The results of this research indicate that the intellectual capital variable represented by conceptual skills has a significant positive role in the development of financial technology in the new normal era. This research posits that intellectual capital also has a role in the development of financial technology in the new normal. This is because the new normal period represents currently a new challenge in responding to the economic crisis that is resulting from Covid-19 pandemic around the world. Therefore, new concepts, new humanity, and new techniques are needed to develop financial technology, so that they can exist and encourage economic growth in this Covid-19 pandemic era.

Weight Differences of Intellectual Capital Indicator Selection by Industry (산업별 지식자산 지표 선정기준의 차이에 대한 연구)

  • Han, Dong-Wook
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.30 no.4
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    • pp.118-126
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    • 2007
  • This study presents the intellectual capital (IC) indicator selection criteria based on the review of qualitative characteristics of financial accounting information and data quality of information systems. The AHP survey has been performed to verify the weight difference of the criteria to select effective IC indicators among industry. The results shows that there exists the weight differences in relevance and comparability factor by industry. To management IC effectively, different method considering industry environment should be required.

Intellectual Capital and Innovation Capability: A Strategy for Achieving Competitive Advantage

  • OYELAKIN, Oyekunle;ABBA, Maryam Tijjani;ADAMU, Ahmed;BABAN-MAIRAM, Munir;NA'ANMAN, Sallah Boniface;FAKAH, Henrietta
    • Fourth Industrial Review
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    • v.2 no.2
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    • pp.11-23
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    • 2022
  • Purpose - The ability to meet the high demand for education in Nigeria is lacking, making the region remain backwards in education. Given this reason, the study investigates the role of innovation capability in the relationship between intellectual capital and competitive advantage in tertiary institutions in Nigeria. Research design, data, and methodology - The study is cross-sectional research, a total of 427 questionnaires were administered to respondents. The study distributed its questionnaire across 12 faculties at the University of Ibadan using a random sampling technique. Data were analyzed using ADANCO 2.1.1. Result - The study reveals that human capital, structural capital, relational capital, and innovation capability positively affect competitive advantage. Innovation capability mediates the relationship between human capital and relational capital. However, structural capital was not mediated by innovation capability. Conclusion - The study concludes that intellectual capitals and innovation capability are crucial to maintaining a competitive advantage over their peers. Achieving more significant success in the variables mentioned earlier will help Nigeria's tertiary institutions compete locally and internationally.