scholarly journals A strategic model for measuring intellectual capital in Serbian industrial enterprises

2009 ◽  
Vol 54 (183) ◽  
pp. 89-117 ◽  
Author(s):  
Ljiljana Kontic ◽  
Sladjana Cabrilo
Keyword(s):  
Intellectual Capital ◽  
Value Creation ◽  
Relevant Literature ◽  
Organizational Changes ◽  
Potential Growth ◽  
Industrial Enterprises ◽  
Top Managers ◽  
Strategic Model ◽  
Research Findings

Measuring intellectual capital contributes to organizational success and brings managerial, cultural and organizational changes. In analyzing the relevant literature on intellectual capital (IC), it emerges that the benefits of IC measuring and reporting have been linked to value creation. In order to provide a deeper understanding of the character and role of IC and adequate IC indicators, the main aim of this study is to propose a strategic model for measuring intellectual capital in Serbian industrial enterprises. The research findings revealed a lack of both employee innovativeness and permanent competence development of top managers and employees, which may be a significant problem in the potential growth of Serbian industry. The factor analysis showed that the proposed questionnaire (based on relevant scorecard methods) is adequate for investigating the phenomena of intellectual capital in industrial enterprises in Serbia.

The role of intellectual capital and corporate strategy on sustainable value creation

2016 ◽  
Vol 11 (4) ◽  
pp. 215 ◽  
Author(s):  
Carmem Leal ◽  
Carlos P. Marques ◽  
Carla S. Marques ◽  
Vanessa Ratten
Keyword(s):  
Intellectual Capital ◽  
Value Creation ◽  
Corporate Strategy ◽  
Sustainable Value

scholarly journals The Influence of Knowledge Management Processes on Intellectual Capital and Innovation Performance

2020 ◽  
Vol 11 (1) ◽  
pp. 6-6
Author(s):  
Wendra Wendra ◽  
Fadhliah M. Alhadar
Keyword(s):  
Knowledge Management ◽  
Intellectual Capital ◽  
Value Creation ◽  
Innovation Performance ◽  
Organisational Performance ◽  
Management Processes ◽  
Km Value ◽  
Key Resources

The organisational ability to utilise its knowledge is inseparably linked to its innovation performance. Knowledge is characterized as valuable, rare, inimitable and non-substitutable (VRIN) resources. Those characteristics are key resources to achieve organisational performance (Ferreira & Hamilton, 2010; Wang, 2014; Hussinki, Ritala, Vanhala, and Kianto, 2017). Within literature, there are two streams of academics discussion relating to knowledge in organisation. Those are intellectual capital (IC) literature, and knowledge management (KM) literature (Ramadan, Dahiyat, Bontis, & Al-dalahmeh, 2017; Kianto, Ritala, Spender, & Vanhala, 2014). The first stream considers IC as static resources or materials for organisational value creation. While the later sees KM as processes to create organisational value. Even though many studies have considers the important role of IC and KM Processes (KMPs) in creating values, however there are only limited studies examine IC and KMPs interaction to support innovation performance (IP) (Hsu & Sabherwal, 2012; Cabrilo and Dahms, 2018). Most of the existing studies have contented themselves with assessing IC or KM value level, and then correlating those two to IP. There are far less studies examining to what extent KMPs are consciously implemented within organisations, and furthermore, how the implementation of KMPs impacts the quality of IC leading to the success of IP. To bridge these gaps in the existing knowledge, the current paper examines how KMPs impacts on organisational IC and IP. This study suggested that IC as static resources could be examined as a mediation of KMPs influence on IP. The idea is that KMPs have the abilities to renew IC, leading to support organisational IP. Accordingly, the rationale for this study is to develop a conceptual model of KMPs-IC-IP causal relationship, and provide empirical evidence on the model. This study is expected to contribute to a broader knowledge of the extent IC that can mediate KMPs and IP relationship. Keywords: Knowledge Management Process, Intellectual Capital, Innovation Performance

An intellectual capital ontology in an integrated reporting context

2019 ◽  
Vol 20 (1) ◽  
pp. 83-99 ◽  
Author(s):  
Riccardo Stacchezzini ◽  
Cristina Florio ◽  
Alice Francesca Sproviero ◽  
Silvano Corbella
Keyword(s):  
Intellectual Capital ◽  
Value Creation ◽  
Social Ontology ◽  
Integrated Reporting ◽  
Core Element ◽  
Content Type ◽  
Creation Story ◽  
Socially Constructed ◽  
The Empirical Analysis

Purpose The purpose of this paper is to investigate the intellectual capital (IC) ontology in an integrated reporting context to explore the function that integrated report (IR) preparers assign to IC elements and the role of integrated thinking in this process. Design/methodology/approach Social ontology theory helps elucidate how an energy-sector company socially constructed an IC ontology in which IC is a core element of the value creation story told in the IR. The empirical analysis benefited from in-depth interviews with the corporate staff. Findings The subjective nature of IC ontology emerges, in that IC’s function is defined during the very process of IR preparation. The intangible elements drive sustainability-oriented financial value creation according to the sustainability approach embraced by the company’s business model. Integrated thinking both facilitates this perspective on IC is shared among various departments of the company and provides a procedure for scrutinising what counts as IC in this integrated reporting context. Research limitations/implications The research scope is limited to the IR preparation process. Further research could explore IC ontologies beyond this process. Originality/value This study is the first to explore IC ontology empirically within an innovative integrated reporting context. It opens paths to further research on the relationships between IC and integrated thinking.

scholarly journals The effect of intellectual capital on competitive advantage: The mediating role of innovation

2021 ◽  
pp. 1331-1344 ◽  
Author(s):  
Ulya Obeidat ◽  
Bader Obeidat ◽  
Ala’aldin Alrowwad ◽  
Muhammad Alshurideh ◽  
Ra'ed Masa'deh ◽  
...  
Keyword(s):  
Competitive Advantage ◽  
Intellectual Capital ◽  
Relevant Literature ◽  
Radical Innovation ◽  
Relational Capital ◽  
Mediating Role ◽  
The Impact ◽  
The Relationship

The aim of this study is to explore the impact of intellectual capital on the achievement of competitive advantage in organizations. It also aims to explore the mediating impact of innovation on the relationship between intellectual capital and the achievement of competitive advantage. To meet the study’s goals, the researchers reviewed the relevant literature. The researchers also provide definitions for intellectual capital and innovation. They also identified the dimensions of intellectual capital (i.e. structural, human and relational capital). The study identified the types of innovation (incremental and radical innovation) and found that intellectual capital significantly influences on the achievement of competitive advantage. Moreover, the study found that innovation has a mediating influence on the relationship between intellectual capital and the achievement of a competitive advantage.

scholarly journals Intellectual Capital and Disclosure Practices of Miscellaneous Industries: Evidence from Cable Companies in Indonesia

2021 ◽  
Vol 22 (3) ◽  
pp. 1283-1301
Author(s):  
Partiwi Dwi Astuti ◽  
Anis Chariri ◽  
Abdul Rohman
Keyword(s):  
Content Analysis ◽  
Intellectual Capital ◽  
Value Creation ◽  
Stock Exchange ◽  
Annual Reports ◽  
Common Category ◽  
Structural Capital ◽  
Special Pattern ◽  
Systematic Framework

The important role of intellectual capital for value creation has led many companies to disclose their intellectual capital information in annual reports. This study aims to provide, via content analysis, an overview of the disclosure and presentation of intellectual capital information in the annual reports of cable companies listed on the Indonesia Stock Exchange in 2015. This study found that structural capital is the most common category of intellectual capital disclosed in the annual reports. In addition, most intellectual capital disclosures are discursive, with positive and past-oriented information. However, there is no systematic framework for disclosing intellectual capital information in annual reports. Disclosures made do not have a special pattern and are still random. This finding may contribute to an understanding of how companies communicate intellectual capital information for their own benefit, as well as the benefit of stakeholders, customers and employees.

scholarly journals Organizational learning and value creation in local governance: the mediating role of crowdsourcing

2020 ◽  
Vol 27 (4) ◽  
pp. 321-335 ◽  
Author(s):  
Regina Lenart-Gansiniec ◽  
Łukasz Sułkowski
Keyword(s):  
Organizational Learning ◽  
Value Creation ◽  
Local Governance ◽  
Relevant Literature ◽  
Research Model ◽  
Content Type ◽  
Mediating Role ◽  
Proposed Model ◽  
The Relationship

Purpose Different studies have analyzed the relationship between organizational learning and value creation. However, the question of how crowdsourcing affects the relationships between organizational learning and value creation remains unexplored. This paper aims to explore the mediating role of crowdsourcing in the relationship between organizational learning and value creation in local governance. Design/methodology/approach The hypotheses were tested based on data collected from 205 local governance units in Poland using crowdsourcing. Data collection was carried out by using a set of standardized questionnaires. Correlation analyses were used to specify the strength of the relationships between the variables. To test the hypotheses, multiple regression analysis was used. Findings The results have shown that in the local governance organizational learning is related to crowdsourcing, while organizational learning is not related to value creation. Crowdsourcing does not play a mediating role in explaining the relationship between organizational learning and value creation. Research limitations/implications A research model was developed based on the relevant literature in the field of organizational learning, value creation and crowdsourcing. This study urges researchers to explore the relationship between organizational learning and value creation in other public organizations using crowdsourcing. Originality/value This is the first study on the intermediate role of crowdsourcing in the relationship between organizational learning and value creation in local governance. The proposed model enriches the existing literature and allows better understanding of how crowdsourcing acts as an intermediary in the organizational learning-value creation relationship.

HR professionals cultivating resilience and crisis awareness toward a business excellence environment

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Christina Nizamidou ◽  
Fotios Vouzas
Keyword(s):  
Design Methodology ◽  
Relevant Literature ◽  
Research Model ◽  
Content Type ◽  
Greek Organizations ◽  
Business Excellence ◽  
Research Findings ◽  
High Level ◽  
Practical Implications

PurposeThis paper explores how resilience may mitigate the impacts of a crisis and at the same time foster business excellence. Additionally, it seeks to analyze the role of HR department (HRD) in cultivating resilience and crisis awareness.Design/methodology/approachIn order for the authors to assess their hypotheses, a research model was conceptualized and tested by conducting an empirical study in Greek organizations that enlist the largest number of employees in Greece, belonging to various corporate sectors. Following the review of the relevant literature on resilience, business excellence and crisis management (CM), the research model and research hypotheses are presented.FindingsThe empirical section illustrates the statistical analysis of the collected data and the test of the research hypotheses. The authors managed to validate their research hypotheses through the research. The research demonstrated that promoting resilience and crisis awareness in a business excellence environment can reinforce the role of HRD aiming to overcome crises.Practical implicationsFollowing the research findings, the implications for managers and organizations are presented alongside with the research limitations. Managers and HRDs can review their mindset towards resilience. Thus, they may reevaluate their CM plans and processes according to the research findings.Originality/valueThe extended literature review proved that limited studies deal with the contribution of resilience regarding CM and business excellence. The originality of the present is to promote the cultivation of resilience in line with a high level of acquaintance with CM procedures to the dynamic role of HRD in terms of CM.

scholarly journals The Effect of Intellectual Capital Disclosure on the Value Creation: An Empirical Study Using Tunisian Annual Reports

2013 ◽  
Vol 3 (1) ◽  
pp. 81 ◽  
Author(s):  
Jihene Ferchichi ◽  
Robert Paturel
Keyword(s):  
Financial Markets ◽  
Intellectual Capital ◽  
Value Creation ◽  
Stock Exchange ◽  
Annual Reports ◽  
Firm Creation ◽  
Value Reporting ◽  
The Relationship ◽  
Informational Value

This study examines the informational value of intellectual capital on Tunisian financial markets, which appears as a highly topical issue, especially with the broadening notion of the intellectual capital and its increasing role in investment decisions. Using content analysis of annual reports of 50 companies listed on the Tunisian Stock Exchange selected for the period 2006–2009, we developed a weighted disclosure index based on the users’ needs and expectations in order to estimate the relationship between intellectual capital disclosures and value creation.The results show that the intellectual capital information is positively and significantly correlated with the firm creation value. Reporting on intellectual capital allows resolving uncertainty about the firm, thereby improving an increase in value. This finding confirms the pivotal role of intellectual capital in the valuation of firms listed on the Tunisian Stock Exchange.

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