scholarly journals Intellectual capital of the MSMES in the area of influence. Universidad Tecnológica de Tula Tepeji

2019 ◽  
pp. 14-22
Author(s):  
Laura Aguilar-Maya ◽  
Martha Gabriela García-Guerrero ◽  
Ana Bertha López-Laguna ◽  
José César Ávila-Hernández ◽  
Araceli Hernández-Chávez

Mexico's Academic Synergy Network-MyPyMES developed a project called "The Intellectual Capital of mSMEs of the area of influence of the Technological Universities" to carry out an analysis of the indicators that make up the Intellectual Capital: active intangible value-added and competitive advantages for business development; was done to determine the value of the Skandia Browser Model approaches with a web-mobile application. The type of research was exploratory, cross-cutting and with a mixed approach, the survey technique was used by applying a questionnaire to 32 MSMEs of the Tula-Tepeji area. As a result, it was found that most do not have financial data or administrative procedures to determine the five approaches of Skandia Browser, the most important thing for companies is to sell; however, they do not conduct market research, very few are led by a professional who applies strategic planning, or have a definite mission or vision; Managers also do not know what Intellectual Capital is, do not attach importance to the development and training of staff, do not use ICT's as a management tool, do not evaluate processes or implement continuous improvement. It was concluded that the MSMEs in the buffer area present an area of opportunity to develop their intellectual capital, therefore higher education institutions must assist in the training of entrepreneurs and design a model to implement appropriate methodologies and procedures that promote intellectual capital.

2017 ◽  
Vol 13 (3) ◽  
pp. 70
Author(s):  
Sakinah Mat Zin ◽  
Ahmad Azrin Adnan ◽  
Iskandar Hasan Tan Abdullah

In this era of knowledge-based economy, intellectual capital (IC) is considered as a critical component in an organizational effort to emphasize on accomplishing competitive advantages and enhancing value added for the organization. Besides concentrating only on new product innovations, small and medium enterprises should also be engaged in managing IC in accordance to Islamic teachings. An understanding to Islamic ethics and its upshots for superior performance facilitates entrepreneurs in managing IC strategically. This paper aims to re-scrutinize several contributions in Islamic ethics and IC in SME entrepreneurial researches, ascertain the main elements of IC as well as Islamic work ethics (IWE); and thus show how IWE is relevant for research in the area of IC.


2021 ◽  
pp. 108-119
Author(s):  
Viktoriia Y. Shkola ◽  
Maria Y. Troyan ◽  
Maryna D. Domashenko ◽  
Mykola D. Vavilichev

This research aims to analyze indicators of competitiveness of Ukraine economy in contrast to consistent indicators of the EU counties’ economies in context of forward-looking perspective on integration Ukraine into the EU, as well as examine the national index of intellectual capital considering each of its dimensions (human capital, market capital, process capital and renewal capital) within three pillars: Education, R&D, New Business, and explore the potential for growth of Ukraine’s economic competitiveness global given its innovation aspects. The study uses a mixed approach, including factorial analysis and descriptive statistics, using a sample of 27 the EU economies and Ukraine’s economy. The study shows Ukraine has significant innovative potential, high level of higher education and training. It is a crucial competitive advantage, providing successful economic development and accelerating integration Ukraine into the EU. Only through developing of advanced technologies and implementing them in all sphere, stable pace of economic growth and welfare of the nation can be achieved in the conditions of globalization. The restraining factors are corruption, political instability, inflation, and ineffective state policy. In order to be more innovative and, hence, competitive, Ukraine needs to focus more on the structural and comprehensive reforms of institutional environment, concerning the ethical behavior of companies, the protection of property and intellectual property rights, transparency in the adoption of state decisions, the independence of the judiciary, the efficiency of the use of the state budget, public trust in politicians etc. Future studies may explore the opportunities for enhancing innovation performance based on the management of intellectual capital in more detail, using larger sample sizes.


2018 ◽  
Vol 9 (2) ◽  
pp. 1-14
Author(s):  
Haryani Chandra ◽  
Hamfri Djajadikerta

Go public companies have main purpose to increase firm value consistently. Increased firm value can reflect the increase in the prosperity of shareholders. The purpose of this research is to determine whether intellectual capital, profitability, and leverage have an influence on firm value. This research is expected to help companies to determine the focus on managing the factors those have an influence towards firm value and help investors and potential investors to make investment decisions. This research is conducted on firms listed in property, real estate, and building construction sector in Indonesia Stock Exchange during 2010 until 2015. Samples are selected by simple random sampling method. The research method used is the regression analysis. Intellectual capital is measured by value added intellectual coefficient (VAIC), profitability is measured by return on assets (ROA), leverage is measured by debt- to-equity ratio (DER), and firm value is measured by the year-end closing stock price. The results showed that intellectual capital, profitability, and leverage have partially a significant positive influence on firm value. In addition, intellectual capital, profitability, and leverage have significant influence simultaneously on firm value. Keywords: firm value, intellectual capital, leverage, profitability


2021 ◽  
Vol 13 (9) ◽  
pp. 4950
Author(s):  
Stelian Brad ◽  
Mircea Murar ◽  
Grigore Vlad ◽  
Emilia Brad ◽  
Mariuța Popanton

Capacity to remotely monitor and control systems for waste-water treatment and to provide real time and trustworthy data of system’s behavior to various stakeholders is of high relevance. SCADA systems are used to undertake this job. SCADA solutions are usually conceptualized and designed with a major focus on technological integrability and functionality. Very little contributions are brought to optimize these systems with respect to a mix of target functions, especially considering a lifecycle perspective. In this paper, we propose a structured methodology for optimizing SCADA systems from a lifecycle perspective for the specific case of waste-water treatment units. The methodology embeds techniques for handling entropy in the design process and to assist engineers in designing effective solutions in a space with multiple constrains and conflicts. Evolutionary multiple optimization algorithms are used to handle this challenge. After the foundation of the theoretical model calibrated for the specific case of waste-water treatment units, a practical example illustrates its applicability. It is shown how the model can lead to a disruptive solution, which integrates cloud computing, IoT, and data analytics in the SCADA system, with some competitive advantages in terms of flexibility, cost effectiveness, and increased value added for both integrators and beneficiaries.


2018 ◽  
Vol 19 (5) ◽  
pp. 935-964 ◽  
Author(s):  
Neha Smriti ◽  
Niladri Das

Purpose The purpose of this paper is to examine the effect of intellectual capital (IC) on financial performance (FP) for Indian companies listed on the Centre for Monitoring Indian Economy Overall Share Price Index (COSPI). Design/methodology/approach Hypotheses were developed according to theories and literature review. Secondary data were collected from Indian companies listed on the COSPI between 2001 and 2016, and the value-added intellectual coefficient (VAIC) of Pulic (2000) was used to measure IC and its components. A dynamic system generalized method of moments (SGMM) estimator was employed to identify the variables that significantly contribute to firm performance. Findings Indian listed firms appear to be performing well and efficiently utilizing their IC. Overall, human capital had a major impact on firm productivity during the study period. Furthermore, the empirical analysis showed that structural capital efficiency and capital employed efficiency were equally important contributors to firm’s sales growth and market value. The growing importance of the contribution of IC to value creation was consistently reflected in the FP of these Indian companies. Practical implications This study has robust theoretical grounds and employs a validated methodology. The present study extends knowledge of IC among academicians and managers and highlights its contribution to value creation. The findings may help stakeholders and policymakers in developing countries properly reallocate intellectual resources. Originality/value This study is the first study to evaluate IC and its relationship with traditional measures of firm performance among Indian listed firms using dynamic SGMM and VAIC models.


2016 ◽  
Vol 54 (3) ◽  
Author(s):  
Abdul Latif Alhassan ◽  
Nicholas Asare

Purpose This paper examines the effect of intellectual capital on bank productivity in an emerging market in Africa. Design/methodology/approach The Malmquist Productivity Index is employed to estimate productivity growth of 18 banks in Ghana from 2003 to 2011 while the Value Added Intellectual Coefficient is used to measure bank intellectual capital performance. The panel-corrected standard errors estimation technique is used to estimate a panel regression model with Malmquist Productivity Index as the dependent variable. Bank market concentration and bank size are controlled for in the regression analysis. Findings We find productivity growth to be largely driven by efficiency changes compared to technological changes. The results from the regression analysis indicate that Value Added Intellectual Coefficient has a positive effect on the productivity of banks in Ghana. We also find human capital efficiency and capital employed efficiency as the components of Value Added Intellectual Coefficient that drive productivity growth in the banking industry. Bank size and industry concentration are also identified as significant drivers of productivity in the market. Practical implications The study’s findings support investments in intellectual capital as a means of improving the performance of banks in emerging markets Originality/value To the best of our knowledge, this is the first study to empirically examine the relationship between intellectual capital and productivity in an emerging banking market in Africa.


Author(s):  
Jawad Asif ◽  
Le Thi My Hanh ◽  
Qian Long Kweh ◽  
Irene Wei Kiong Ting

2021 ◽  
Vol 1 (12) ◽  
pp. 51-56
Author(s):  
Yuri O. Kolotov ◽  
◽  
Anastasia V. Sharopatova ◽  
Alyona E. Salamova ◽  
◽  
...  

One of the most important assets of a modern enterprise is human capital and its development opportunities. The need to maintain intellectual capital is due to the introduction of new technological solutions and changes in industrial relations. There is a transformation of the management environment, which focuses on intangible assets and thereby moves to competitive advantages. Within the framework of this article, the peculiarities of regulation and methods of human resources management at the enterprise in the conditions of digitalization are studied. The characteristic of the involvement of domestic enterprises in the HR development strategy is given.


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