The aim of this study is to determine the role of intellectual capital on different types of innovation. In this context, an empirical research was conducted with executive managers of oil companies affiliated to National Oil Corporation (NOC) in Libya. Data of the study was collected via questionnaire. Different components of intellectual capital explained in the literature as human capital, social capital and organizational capital. Besides, for innovation activities, many researches in the literature distinguish different types of innovation as product innovation, process innovation, marketing innovation and organizational innovation. Variables of the study were accepted by means of these classifications and hypotheses were tested through correlation and regression analyses. Findings revealed that human capital has a positive significant effect on product innovation and process innovation, and social capital has a positive significant effect on process innovation, whereas there isn’t observed any significant effect of organizational capital on different types of innovation.
The current study explores the human and social capital existance in Hi-Tech Education Institutions, which are affiliated with the National Board for Technical and Vocational Education (NBTVE), Libya. In order to verify existance of valuable talent pool, we conducted a research in cooperation with the members of NBTVE-affiliated Technical Education Institutionsin Libya. The research methodology is descriptivebased onfrequency analysis and descriptive statistics.The data of the research has been collected by questionnaires. The statistical population includes all the NBTVE teaching members. The statistical sample group includes 200 people, out of which, we selected the sample for the current study using simple random sampling method.
The reliability and validity of the scales were proven. The results showed that social and human capital existence varies in terms of the variables. Broadly, it can be said that in order to make use of such valuable resources,these institutions should pay attention by focusing on the key variables, which help promoting and enhancing their performances, and contribute to increasing their competitive advantage. On the other hand, lack of social capital efficiency has a negative effect on social capital as well as productivity of educational institutions.
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