A Relational Based-View of Intellectual Capital in High-Tech Firms

2010 ◽  
pp. 179-191
Author(s):  
G. Martín De Castro ◽  
P. López Sáez ◽  
J.E. Navas López ◽  
M. Delgado-Verde
Keyword(s):  
Intellectual Capital ◽  
Strategic Alliances ◽  
Superior Performance ◽  
High Tech ◽  
Knowledge Stocks ◽  
Sustained Competitive Advantage ◽  
Strategic Resources ◽  
High Technology Firms ◽  
Range Theory ◽  
Main Components

The Resource-Based View (RBV) has tried to test the role of strategic resources on sustained competitive advantage and superior performance. Although this theory has found several flaws in order to reach its objective effectively (Priem & Butler, 2001), recent proposals have suggested that these problems can be overcome (Peteraf & Barney, 2003). This solution requires paying a greater attention to the analysis of knowledge stocks, developing a mid-range theory: the Intellectual Capital-Based View (Reed, Lubatkin & Srinivasan, 2006). This mid-range and pracmatic theory allows the hypotheses development and empirical testing in a more effective way that the RBV. There is a certain degree of general agreement about the presence of human capital and organizational capital as the main components of intellectual capital, as well as about the fact that the configuration of knowledge stocks will vary from one industry and firm to another one. Taking these assumptions as a starting point, this paper explores the configuration of intellectual capital that can be empirically found on a sample of high-technology firms. Our findings highlight the importance of relational capital, which must be divided into business and alliance capital, so the strategic alliances play a relevance role in the type of firms that have been included in our research.

scholarly journals Strategic Alliances And New Product Development In High-Tech Ventures: The Moderating Role Of Alliance Type And Alliance Capability

2019 ◽  
Vol 35 (1) ◽  
pp. 17-28
Author(s):  
Sang-Mi Moon ◽  
Moon-Goo Huh
Keyword(s):  
New Product Development ◽  
Strategic Alliances ◽  
Superior Performance ◽  
High Tech ◽  
Entrepreneurial Firms ◽  
Alliance Management ◽  
Management Capability ◽  
Alliance Management Capability ◽  
The Relationship

Strategy scholars have proposed that capacity for managing alliance can be a source of superior performance. This study focuses on the role of this capacity, and investigates how alliance management capability of entrepreneurial firms affects the relationship between a firm’s allying and its performance. Because the capability is inherently unobservable, we take alliance experience and average duration of each alliance as proxy variables for measuring alliance management capability. An analysis of multiple allies of entrepreneurial ventures in Korean photovoltaic industry indicate that capacity for managing varying allies, and alliance type positively moderate the relation between alliance and its innovation outcomes.

Intellectual Capital in Knowledge-Intensive Firms

2007 ◽  
pp. 29-39
Author(s):  
P. Sáez
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Strategic Alliances ◽  
Balance Sheet ◽  
Building Blocks ◽  
Empirically Supported ◽  
Structural Capital ◽  
Route 128 ◽  
Knowledge Intensive ◽  
Main Components

During more than a decade, the literature has provided several intellectual capital models. Nevertheless, empirical evidence is still necessary in the field, and empirically supported models for classification and measurement of intellectual capital are not very common. This work finds the main components or building blocks of an intellectual capital balance sheet, taking the three most common components of intellectual capital (human capital, structural capital, and relational capital) and testing empirically if this grouping of intangible assets is supported by the evidence obtained from a sample of knowledge-intensive firms from Boston’s Route 128. Findings suggest a classification of intellectual capital according to four categories: human capital, structural capital, relational business capital, and strategic alliances.

INTELLECTUAL CAPITAL AND PERFORMANCE OF NEW VENTURE HIGH-TECH FIRMS

2004 ◽  
Vol 08 (03) ◽  
pp. 297-318 ◽  
Author(s):  
NORMA JUMA ◽  
G. TYGE PAYNE
Keyword(s):  
Intellectual Capital ◽  
Strategic Alliances ◽  
Empirical Work ◽  
New Venture ◽  
High Tech ◽  
Organizational Survival ◽  
Impact Performance ◽  
And Performance ◽  
The Impact ◽  
The Relationship

Intellectual capital (IC) has been proposed as an essential factor for organizational survival and maintenance of competitive strength. However, there has been very limited consensus on what encompasses IC and how it can best be conceptualized and measured. Further, very little empirical work has specifically examined the relationship between IC and financial performance. Given these shortcomings, this paper focuses first on the impact IC has on performance and secondly on the role strategic alliances may have on this relationship. While we argue that IC will impact performance, we anticipate this relationship will be moderated by strategic alliances and other inter-firm collaborations. Findings reveal interesting relationships that suggest further effort should be placed on the conceptualization and measurement of IC, specifically regarding its relationship to firm performance.

Intellectual Capital in Knowledge-Intensive Firms

2009 ◽  
pp. 224-235
Author(s):  
Pedro López Sáez ◽  
José Emilio Navas López ◽  
Gregorio Martín de Castro
Keyword(s):  
Human Capital ◽  
Intellectual Capital ◽  
Strategic Alliances ◽  
Balance Sheet ◽  
Building Blocks ◽  
Empirically Supported ◽  
Structural Capital ◽  
Route 128 ◽  
Knowledge Intensive ◽  
Main Components

During more than a decade, the literature has provided several intellectual capital models. Nevertheless, empirical evidence is still necessary in the field, and empirically supported models for classification and measurement of intellectual capital are not very common. This work finds the main components or building blocks of an intellectual capital balance sheet, taking the three most common components of intellectual capital (human capital, structural capital, and relational capital) and testing empirically if this grouping of intangible assets is supported by the evidence obtained from a sample of knowledge-intensive firms from Boston’s Route 128. Findings suggest a classification of intellectual capital according to four categories: human capital, structural capital, relational business capital, and strategic alliances.

scholarly journals An Examination of The Impact of Firm Size and Age On Managerial Disclosure of Intellectual Capital By High-Tech Companies

1970 ◽  
Vol 26 (2) ◽  
pp. 167-190
Author(s):  
Blaise Sonnier ◽  
Kerry Carson ◽  
Paula Carson
Keyword(s):  
Firm Size ◽  
Intellectual Capital ◽  
Multivariate Regression ◽  
Inverse Relationship ◽  
High Technology ◽  
High Tech ◽  
Significant Inverse Relationship ◽  
Technology Firms ◽  
High Technology Firms ◽  
The Impact

A sample of 143 high-technology firms was examined to determine if therewere inverse relationships between the size and age of companies and their levelof intellectual capital disclosure. Weak inverse relationships were found betweennumber of employees and level of disclosure and between total assets and levelof disclosure. There was, however, a significant inverse relationship between firmage and level of disclosure. Multivariate regression provided support that firm agewas a significant predictor of level of intellectual capital disclosure. It appears thatyoung companies use increased disclosure to signal to the market their real valueand prospects.

scholarly journals A novel causality-centrality-based method for the analysis of the impacts of air pollutants on PM2.5 concentrations in China

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Bocheng Wang
Keyword(s):  
Air Pollutants ◽  
Regression Models ◽  
Large Population ◽  
Vital Role ◽  
Superior Performance ◽  
Causal Direction ◽  
Northern Cities ◽  
Main Components ◽  
Surrounding Areas ◽  
Centrality Analysis

AbstractIn this paper, we analyzed the spatial and temporal causality and graph-based centrality relationship between air pollutants and PM2.5 concentrations in China from 2013 to 2017. NO2, SO2, CO and O3 were considered the main components of pollution that affected the health of people; thus, various joint regression models were built to reveal the causal direction from these individual pollutants to PM2.5 concentrations. In this causal centrality analysis, Beijing was the most important area in the Jing-Jin-Ji region because of its developed economy and large population. Pollutants in Beijing and peripheral cities were studied. The results showed that NO2 pollutants play a vital role in the PM2.5 concentrations in Beijing and its surrounding areas. An obvious causality direction and betweenness centrality were observed in the northern cities compared with others, demonstrating the fact that the more developed cities were most seriously polluted. Superior performance with causal centrality characteristics in the recognition of PM2.5 concentrations has been achieved.

Measuring intellectual capital in a firm belonging to a strategic alliance

2015 ◽  
Vol 16 (1) ◽  
pp. 174-198 ◽  
Author(s):  
Stefania Veltri ◽  
Andrea Venturelli ◽  
Giovanni Mastroleo
Keyword(s):  
Decision Making ◽  
Expert System ◽  
Intellectual Capital ◽  
Strategic Alliances ◽  
Strategic Alliance ◽  
Empirical Work ◽  
Organizational Level ◽  
Decision Making Process ◽  
Content Type ◽  
Scant Attention

Purpose – The purpose of this paper is to propose a method to measure intellectual capital (IC) in firms involved in strategic alliances, an area that has received scant attention in the literature, as existing research is focused mainly on organizational level mainly and increasingly on macro-level unit such as regions or nations. There are very few works at the meso-level (i.e. alliances, clusters), and the paper aims to fill this void, by providing researchers and practitioners with a tool capable of combining measurement and management aims, developed at organizational level with the active participation of the researchers. Design/methodology/approach – The method of analysis is based on a model formalized through a fuzzy expert system (FES). The FES are able to merge the capabilities of an expert system to simulate the decision-making process with the vagueness typical of human reasoning, maintaining the ability to still have a numeric value as a response. Its construction requires the participation of experts, whose knowledge of the problem is accumulated in the form of blocks of rules. These features make it possible to formalize the decision-making process related to the IC valuation, handling qualitative and quantitative variables, and exploring the cognitive mechanisms underlying this process. Findings – The outcome of the application is a system designed to measure the intangible performance deriving from participation in a strategic alliance using FES. This study contributes to the broadening of the research community’s understanding regarding the alternative measurement of IC created within strategic alliances. Research limitations/implications – To the best of the authors’ knowledge, IC literature lacks methods expressly designed to measure the incremental value of IC originating from collaboration among firms. From a measurement perspective, the results may be regarded as valuable proof that IC performance within strategic alliances can be measured quantitatively. Practical implications – On the management side, the possibility of retracing the determinants of different IC intermediate indicators composing the final IC index allows strategic alliances managers to use this information for decision-making purposes. Originality/value – To the best of the authors’ knowledge this is the first study applying FES to measure IC in a firm belonging to a strategic alliance. In the authors’ opinion, fuzzy logic methodology, recently applied in empirical work designed to evaluate IC, represents a reliable methodology because of the “fuzzy” nature of IC.

CONCEPTUAL PRINCIPLES OF ACHIEVING INTELLECTUAL LEADERSHIP

2021 ◽  
Vol 6 (2) ◽  
pp. 100-104
Author(s):  
Liudmyla Tsymbal
Keyword(s):  
Economic Development ◽  
Intellectual Capital ◽  
Global Economy ◽  
Physical Capital ◽  
Developed Countries ◽  
Educational Process ◽  
High Tech ◽  
The Impact ◽  
Intellectual Leadership

The article identifies the key conceptual foundations for the formation of intellectual leadership of economic entities, including countries as specific actors in the global economy. Thorough preconditions for increasing the level of economic development and the impact of education have been identified. It is determined that historical concepts and modern realities of economic activity only actualize the role of education and enlightenment in the economic development of the national economy and ensuring its competitiveness. The strategies of increasing the competitiveness of individual countries of the world are analyzed, their key priorities in the conditions of formation of the knowledge economy are determined. The evolution of views on the role of human and intellectual capital in increasing the welfare of countries, the impact on GDP and other macroeconomic indicators is described. The ratings of countries are analyzed, in particular by the level of investment in intellectual capital and the structure of their GDP, which confirms the dominance of science-intensive economic activities. In addition, it was determined that the leading countries are characterized by increasing the role of knowledge-intensive activities, increasing the share of intangible assets, redistribution of capital of leading international companies and increasing research spending, increasing investment in human and intellectual capital, increasing exports of high-tech products. Analytical assessment confirms the advanced development of science-intensive industries in countries with developed economies, which creates the need for training and retraining of specialists needed for such industries. In modern conditions, the educational process ceases to be predominantly the prerogative of young people, and becomes a lifelong process, which increases spending on education in developed countries, but without denying the significant asymmetries on this indicator. Research confirms the direct relationship between the quality of human and physical capital and economic development, which is typical of highly developed countries, one of the main reasons for the development lag of the poorest countries. In addition, the article substantiates the key factors of intellectual leadership and their impact on the development of economic development strategies.

scholarly journals INFLUENCE OF THE PLACEMENT OF HIGH-TECH COMPANIES IN THE REGIONS ON THE STRUCTURE OF THE CONCEPT OF SMART CITY IN THE RUSSIAN FEDERATION

2020 ◽  
Author(s):  
Жуковский Андрей ◽  
Keyword(s):  
Intellectual Capital ◽  
Smart City ◽  
Smart Cities ◽  
High Tech ◽  
Social Foundations ◽  
Advanced Technologies ◽  
Management Processes ◽  
The Social ◽  
The Russian Federation

This article shows that the deployment of modern high-tech companies in the regions affects the development of smart cities. In particular, it was noted that high-tech companies not only create high-tech products, but also are an example of optimization of management processes, economical consumption of various types of resources, and also serve as one of the factors for the accumulation of intellectual capital and the quality of life of the population in the regions. It is shown that modern advanced technologies of a smart city affect not only the social aspects of the region’s development, serve to improve its legislative, managerial and social foundations, but also encourage megacities to solve the problems of efficient use of the environment.

scholarly journals HOW DOES GREEN INTELLECTUAL CAPITAL INFLUENCE EMPLOYEE PRO-ENVIRONMENTAL BEHAVIOR? THE MEDIATING ROLE OF CORPORATE SOCIAL RESPONSIBILITY

2021 ◽  
Vol 28 (Number 2) ◽  
pp. 27-47
Author(s):  
Hung-Yi Liao ◽  
Chin-Tien Hsu ◽  
Hsiao-Chi Chiang
Keyword(s):  
Human Capital ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Environmental Protection ◽  
Intellectual Capital ◽  
Environmental Behavior ◽  
Critical Role ◽  
High Tech ◽  
Relational Capital ◽  
Corporate Social

The issue of environmental protection in the twenty-first century has played a relatively critical role in business management. Companies developing green intellectual capital can increase their competitive advantage and may influence employees’ attitudes and behavior regarding environmental protection. This research explored the mediating effects of corporate social responsibility (CSR) on the relationship between green intellectual capital and employees’ proenvironmental behavior. Data was obtained from surveys collected from 461 employees in the high-tech industries in Taiwan. The results revealed that green human capital and green relational capital were positively related to the perception of CSR. Moreover, the perception of CSR mediated the associations between green human capital, green relational capital and employees’ pro-environmental behavior. Implications of the findings, including limitations and future research directions are discussed.

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