Chinese High-Tech Export Performance: Effects of Intellectual Capital Mediated by Dynamic and Risk Management Capabilities

Abstract

This study analyzed the effect of intellectual capital on Chinese exporters’ performance and the joint mediating effect of two-way capabilities to explain the relationships. With a sample of 197 firms responsible for exporting Chinese high-tech products, we empirically evaluated higher-order constructs in a partial least squares structural equation model using a two-stage approach. The results show that firms’ intellectual capital generates dynamic capabilities, which lead human, structural, and relational capital to improve overseas export performance. Furthermore, the study shows risk management capability also has a complementary mediating role in improving overseas export performance. These findings point to the significant role of two-way capabilities, clarifying how risk management capabilities can be used to enhance export performance and highlighting the role of dynamic capabilities in leveraging export performance. Our findings hold managerial implications on how Chinese high-tech exporting businesses adapt to fast-changing environments.

Relational Capital Can Improve Marketing Performance With the Mediation of Dynamic Capability: A Theory of Planned Behavior Perspective

“…Risk management capabilities have a complementary mediating function in this link between firms' intellectual capital and better overseas export performance. (Lee & Wang, 2023). How students' capacities are increased and integrated with their skills, resulting in expanded capabilities and value for society, determines how much relational capital colleges may create.…”

Navigating global markets: The role of enterprise risk management and human resource management in SME international expansions

“…Businesses having these risk management capabilities can increase their export performance (Catanzaro & Teyssier, 2021;Stoian & Rialp-Criado, 2010;Lee & Wang, 2023;Nasr et al, 2011) and other internationalization activities (Ciabuschi et al, 2019;Lafuente et al, 2015). Risk management capabilities allow enterprises to identify and analyze risk factors and then take effective actions to minimize the negative impacts of these risk factors (Lee & Wang, 2023). These risk management capabilities can also be conceptualized under a more holistic approach for managing strategic, personnel, and operational risks, namely, Enterprise Risk Management (ERM).…”

“…Although the effect of risk management capabilities on internationalization of SMEs has been analyzed by various researchers (Stoian & Rialp-Criado, 2010;Lee & Wang, 2023;Nasr et al, 2011;Ciabuschi et al, 2019;Lafuente et al, 2015) none of these researchers have implemented a more holistic approach for risk management practices and have included more internal and controllable risk factors such as strategic, operational and personnel risk management in a sole paper. Moreover, these studies have not investigated the international differences in the impact of various risk management capabilities on the export intention of SMEs.…”