How to Manage Intellectual Capital Configurations to Improve Firm Performance in the Internet Medical Industry

Abstract

The internet medical industry is a new direction of the medical industry; however, internet medical enterprises have been going through a reshuffling period after 2016 and urgently need to improve their performance. The main aim of this study was to reveal the relationship between intellectual capital (IC) configurations and firm performance and guide ideal IC configuration decision to improve the performance of internet medical enterprises in China. First, a mechanism model was constructed to reveal the effects of IC configurations on firm performance, which is contribution to enrich IC configuration theory research. Then, fuzzy-set qualitative comparative analysis (fsQCA) was used to guide its IC configurations selection currently using data from internet medical enterprises in China from 2012 to 2019. The research is contribution to enrich application research of IC configuration. The results show that IC affects firm performance by means of the configuration; currently ideal IC configurations selection of the internet medical industry should pay attention to human, relationship and physical capital; period and specific business will both affect the choice of IC configuration. The results of this study can deepen managers’ understanding of IC configurations and guide ideal IC configurations selection in the internet medical industry.

Integrity of Financial Statement Factors: Intellectual Capital, Independent Commissioner, and Company Size

“…The effect may also include the way organizations communicate, facilitating the provision of comprehensive corporate information via financial statements that attract investors. Acknowledged as an indicator of knowledge, intellectual capital has transformed the conventional approach to creating value and is now the primary driver of business growth (Dai et al, 2021). According to earlier studies, financial statements are more credible when they include intellectual capital (Hia & Kusumawardhani, 2023).…”

Research on the Rules of Esg Performance and Value Creation Based on Rough Sets

“…This study chooses the value-added ratio to measure enterprise value creation. Compared with traditional shareholder values and profit maximization, such as Tobin's Q (He et al, 2019) and economic value added (EVA) (Chi & Zou, 2015), the value-added indicator considers the contribution of participants both inside and outside the enterprise (Dai et al, 2022). Value added reflects the cocreated value of enterprise stakeholders and can also clearly reflect the distribution of such value among stakeholders.…”

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

“…With the rapid development of knowledge economy, intellectual capital, which is main strategic resources, plays an essential role in upgrading business performance (Bontis, 1998; Bontis et al, 2000; Bontis & Serenko, 2009; Campos et al, 2022; Youndt et al, 2004), especially for knowledge-based firms (Dai et al, 2022; Kianto et al, 2010). As a knowledge-intensive industry, high-tech enterprises have become the main force of the national innovation-driven development strategy and intellectual capital has replaced the conventional material capital that become the core resource for high-tech firms (Xu & Li, 2019).…”